OBAMA THE PIRATE: Is the White House Prepared to Confiscate Your Gold?- Category:Christian_Conservative_News
Ever since the market crashed on Sept. 29, 2008, we’ve seen comparisons between this economic slump and the Great Depression.
OBAMA THE PIRATE: Is the White House Prepared to Confiscate Your Gold?
Nevertheless, experts like Swiss America chairman, Craig R. Smith, say that the similarities—and the potential threats—are uncomfortably close, including a weak currency, failing banks, obscene government spending deficits and skyrocketing gold prices.
These experts are concerned that the current Obama White House might pull the same draconian stunt initiated by President Roosevelt. Back then, FDR declared a state of economic emergency to justify the government’s confiscation of gold owned by private U.S. citizens.
To this point, rumors have circulated about Obama commandeering the private retirement accounts of working taxpayers. But, really. Could the Obama Treasury pull this unpopular FDR trigger?
Smith says the liberal Obama regime urgently needs new ways to finance the government’s stratospheric government spending. One proposal under consideration is to take control of the private retirement accounts of Americans. The Treasury has indicated that it would have no problem confiscating gold again.
More info: http://www.swissamerica.com
This article used by permission of Special Guests at http://www.specialguests.com
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