FLASHBACK: Jim Rogers & Ron Paul Predicted MyRA, IRA/401K Confiscation

Ron Paul Jim RogersThey will take our retirement accounts.  They will take our 401k’s.  They will say ‘you’ve all been having such hard times earning money in your 401k’s is we’re going to save you with 30 year gov’t bonds which are guaranteed at 3%, and you give us your retirement assets in return.’
In the 1930′s they took gold, this time I don’t think they will take bank accounts, but I would be very worried about having an IRA or a pension plan in the United States.
  -Jim Rogers
They will do what they think is necessary and they’ll use force, intimidation, and guns, because you can’t challenge the state’s so called right to control the money.  They will confiscate retirement funds if they need to do it.  Eventually if you have private fund, the people I know in Washington, they’re quite capable of saying, You’ve got to save the country, you can buy Treasury bills from now on!  -Ron Paul

In the words of The Sovereign Man:  This is happening.
Ron Paul & Jim Rogers’ MUST WATCH prophetic warning on Obama’s MyRA & gov’t confiscation of retirement funds is below:

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Comments

  1. Well flashback a couple of weeks as this is getting interesting, now a missing reporter. LOL
    http://wallstreetonparade.com/2014/02/a-rash-of-deaths-and-a-missing-reporter-%E2%80%93-with-ties-to-wall-street-investigations/
     
     

  2. The video was published on Aug 7, 2013

    “They will confiscate retirement funds if they need to do it. Eventually if you have private fund, the people I know in Washington, they’re quite capable of saying, You’ve got to save the country, you can buy Treasury bills from now on! -Ron Paul”

    OK, having to “buy Treasury bills from now on” implies future deposits into IRAs etc. The government can change the rules on future plans, but will they force you to liquidate holdings on what you already have in the plans? I don’t think so for quite a while as that would crush the stock market … not that any such announcement just requiring Treasuries on future IRA “contributions” wouldn’t cause panic enough.

  3. Jim Rogers, Ron Paul and Nigel Farage sitting at the same dais.  Classic  
    Anyone know the name of the red wine Nigel was drinking.
    I want some.  They don’t call it ‘liquid courage’ for nothing
    The MYRA is being done to death.
      But that’s ok.
    It fun to kick someone else’s cat.

  4. Imagine if Dr. Ron Paul had been elected.  We might of had a chance then. 
     
    “Libertarians…fighting hard to take over the world so they can leave you alone.”
     

  5. @Uglydog you still might get your wish as we have another red flag for default. Lol Keep Stacking
    http://news.yahoo.com/treasury-39-lew-warns-u-default-could-happen-140809355–business.html

  6. Charlie  This intel will augur the same situation as we had last year only worst.  The time Obamacare will be pulled to the negotiating table and no way will that chip be spent. 
    We will be out of money by end of Feb to first week of March as present rate.  Raids on TSP will take place.  There could be a very serious pucker up in early March  Be wary, watchful, keep cash and gas tanks full  Dont get caught without preps. 
    WIth KLUMMAC EO mandating MYRA  implementatiion and the NDRP rolled out with teeth, nothing at this point would surprise me. 

  7. There not going to take confiscate your 401k or pension plans. They have to much to lose at the end. They might try to scare  you to death an say the world is going to end. That would make you want to cash it out. Since they want your 10% early with draw. An your money to spend into the economy. But what they don’t want is you going an buy silver an gold an hoarding it. If they did confiscate your 401k or pensions it would be the end. They have to close the banks next day. An if they did that game over. The public would just stop paying taxes and the game be over. Everything would freeze no house out credit card payments

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