Democrats Get Your 401K, Republicans Get Your House and Stocks and the Globalists Win

The Real Effect is known for making some pretty bold statements throughout the years and for those of you that have been paying attention, these have been statements of fact. One such statement has been beaten on this blog like a dead horse -

The long and short is they are bleeding the real assets out of the United States and passing them into foreign control. Make no mistake, they will bleed this country dry. Savings, checkings, 401K, gold, assets, they want it all and will not stop until they get it. The only companies that survive will be those that primarily serve the industrial military complex. Overnight this country will be transformed into the new prison state for the Global Order. Get food, get water, get a gun and get ready to defend yourself.

Now I want you to take note of several things:

1. I made no distinction between Republican or Democrat; because in actuality the distinction is merely on paper. Both parties have sold out to the globalist's agenda. (Don't believe so? Try not paying your property tax, or better yet, your income tax. It doesn't matter who's in control, you'll still get thrown in jail.)
2. The actual target of any of the actions taken is real assets like physical commodities - Houses, 401ks, gold, cars, grain, companies. Note the price of some of these items are exploding.
3. They want it all. There is NO MATHEMATICAL WAY that this can be resolved without taking a massive haircut. The banks created QUADRILLIONS of CDO's and other "Weapons of Financial Destruction". This is significantly more than the world GDP and will result in -
4. Legalized slavery. Hence the final comment about defending yourself.

Don't believe me? Look at the facts - Under every administration for decades now, the size and scope of government has grown massively. You purchasing power has plunged, your "support" payments are shrinking, your job prospects are nill unless you have a government supported job.

The Democrats -

Democrats in the Senate on Thursday held a recess hearing covering a taxpayer bailout of union pensions and a plan to seize private 401(k) plans to more "fairly" distribute taxpayer-funded pensions to everyone.

Sen. Tom Harkin (D-Iowa), Chairman of the Health, Education, Labor and Pensions (HELP) Committee heard from hand-picked witnesses advocating the infamous "Guaranteed Retirement Account" (GRA) authored by Theresa Guilarducci.

(You can find the blistering interview with Guilarducci by radio talk show host Mark Levin in 2007 at the link).

In a nutshell, under the GRA system government would seize private 401(k) accounts, setting up an additional 5% mandatory payroll tax to dole out a "fair" pension to everyone using that confiscated money coupled with the mandated contributions. This would, of course, be a sister government ponzi scheme working in tandem with Social Security, the primary purpose being to give big government politicians additional taxpayer funds to raid to pay for their out-of-control spending.

The Republicans -

The Journal analysis showed that an aide to a Republican member of the Senate Banking Committee bought Bank of America Corp. stock before results of last year's government stress tests eased investor concerns about the health of the banking industry. A top aide to the House Speaker profited by trading shares of Freddie Mac and Fannie Mae in a brokerage account with her husband two days before the government authorized emergency funding for the companies. Another aide to Republican lawmakers interested in energy issues, among other things, profited by trading in several renewable-energy firms.

The aides identified by the Journal say they didn't profit by making trades based on any information gathered in the halls of Congress. Even if they had done so, it would be legal, because insider-trading laws don't apply to Congress.

The Real Effect
If you're headed the wrong way, something I don't think that is in dispute, then logic dictates that you - TURN AROUND! If we've tried a century of increasing "social planning" and "expert" run institutions, then the logical conclusion is to turn the free market economy loose again. It is demonstrable that every time that this has been instituted, the economy and the country has rebounded in short order. After all, what do we have to lose?