Obama and Congress Quietly Loots US Pension Plans with Little-Known Law

Obama and Congress Quietly Loots US Pension Plans with Little-Known Law

We know there is no lock box where the government keeps the pile of cash they need to pay out to Social Security recipients. There is simply a stack of IOU’s government officials have put there, knowing that the day is coming when current receipts being used to pay retirees will not be enough to cover the total. It is a ponzi scheme that both parties are in on. We also know that if workers had the same amount of money that is taken from their checks for the social security “savings” trust to invest, they would end up being multi-millionaires rather than getting a paltry $2,000 or $3,000 a month. It is theft, pure and simple, brought to you by the U.S. Government.

Here is another scam that is designed to siphon off cash from retirees for government purposes. Under Barack Obama, the “working man’s friend,” there was a shortfall between gas tax receipts and projected highway spending. The president and his accomplices in crime looked around to find another source of revenue to pilfer, and they found it in the private pension plans of workers who will depend on those funds for comfortable retirement. That is not going to be the case.

See government plan for stealing pension funds on page 2:

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  1. Rahmad Suyono

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  2. Randy Riddle

    Cashed out my retirement already thanks to this managed economy.

    Reply
  3. Connie Earlene Tudor

    They are thieves see justice stops with them if anyone else stole like that they would be in jail Period!

    Reply
  4. William Reid

    Get rid of this guy!

    Reply
  5. Mary Spessard Ells

    There is no limit to his corruption. I can’t imagine what destruction he will do in the next few months. He should be impeached immediately.

    Reply
  6. Nwaokorie Promise Okechuwku

    Obama is satan.All he wants to do destroy America and get away.Hillary is Obama 3rd term.Stop them now .Vote Donald Trump the only true leader .

    Reply
  7. Linda Manoli

    When are you cowards GOING to STOP Hussein

    Reply
  8. Ed Bohling

    give him to the people and see what happens

    Reply
  9. Dick Cook

    Bammy is the most destructive man to the USA.

    Reply
  10. Adelard Radmilo Emery

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