US government seizes pension funds, invades Pakistan

by · 25 comments

May 17, 2011
Santiago, Chile

There are certain times in life when a man is faced with overwhelming adversity… times when he has no reason to adhere to society’s norms anymore.  It is in these instances that the true quality of his character comes shining through.

One of these situations is when he’s broke. Dead, flat broke. Some people, even when staring deep into their own financial abyss, still hold to their moral principles, honor their obligations, and keep their word.

For others, the boundaries of morality are quickly blurred into shades of gray, and things like fraud, thievery, and deception become perfectly legitimate tactics in their minds.

Speaking of broke, faced with what is tantamount to the official insolvency of the United States of America, policymakers have opted to seize funds from the retirement accounts of public sector workers in order to keep the government running.

Wow. America’s leaders are willing to engage in cannibalistic thievery in order to continue funding government operations. I wonder what sorts of operations are so important that they are willing to steal from their own people in order to finance? Any ideas?

Apparently, starting a shooting war in Pakistan was at the top of their list.

In the most insulting, disingenuous display of insensitivity and lack of regard following such a momentous financial decision, the US Defense Department decided to send helicopters into western Pakistan in a search for more ghosts. Pakistani military fired on the choppers, and the choppers fired back.

Seems like a good use of confiscated funds, no?

Never fear, though, the cracker jack squad of politicians in the 112th Congress is clearly hard at work, spending all of their time and attention at resolving the debt crisis and budget troubles.

Rep. Sheila Jackson-Lee of Texas, for example, proved to America that she’s focused like a laser beam when she introduced bill HJ Res. 64 on Friday afternoon. What exactly is HJ Res 64? It’s a resolution to express support for designating September 2011 as Gospel Music Heritage Month.

The similarities to Nero playing his fiddle are all too obvious.

Adding injury to insult as it were, Ms. Jackson-Lee followed up HJ Res 64 with the introduction of HR 1900, yet another bill to give TSA sweeping powers over “surface transportation” such as train stations and bus terminals. Now you can be molested in planes, trains, and automobiles. Coming soon: shopping malls!

Not to be outdone by Ms. Jackson-Lee, Senator Barbara Boxer just introduced Senate res 177 to designate May 15th through May 21st 2011 as “National Public Works Week.” Wait a sec… that’s this week! Well what are we waiting for, comrades!?! Grab a shovel, there’s dams to build!

2011 national public works week itenerary 300x98 US government seizes pension funds, invades Pakistan
To cap things off, President Obama is getting ready for his highly publicized trip to Ireland next week where he will visit the ancestral home of his great great great grandfather, a small town called Moneygall.

About 298 people live in Moneygall. The town has swelled for the last two months as US Secret Service agents and the President’s administrative entourage have descended upon the town to prepare for his visit. Important issues must be tended to… such as, “what kind of beer will the President drink?”

12122 xlarge 300x169 US government seizes pension funds, invades Pakistan

I couldn’t even begin to estimate what the cost of this trip will be to US taxpayers… but somehow I doubt it’s worth a single penny of seized funds.

Like I said, there are certain times in life where a person’s true nature comes shining through. The government is telling us here that, even when faced with insolvency, it will happily confiscate any source of capital it can, and then continue squandering it all on useless folly.

It really leaves me wondering when people are going to wake up and say to themselves, “Enough is enough!”

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2011-05-17
  • Carlos

    Hi Simon, 

    You know you would make a lot more sense to a lot more people who might find what you have to say useful IF you stopped lumping in your personal dislike of the U.S. and inserting it, either by unuendo or outright statement, into articles like this one.  

    I mean it’s one thing to highlight U.S. failings.  I do myself on my own blog.  But it’s another when what you say starts being colored by your own personal dislike for all things U.S. 

    Stop connecting dots of your own making Simon.  

    For example…you ask:

    “I wonder what sorts of operations are so important that they are willing to steal from their own people in order to finance? Any ideas?”

    And you answer by saying…

    “Apparently, starting a shooting war in Pakistan was at the top of their list.”

    You question implies that there are particularly sinister operations that the U.S. government feels a need to keep financed.  And of course you draw the exaggerated conclusion (here is where your bias come most clearly into play) that starting a shooting war is exactly such an operation.  In fact one of their most important ones.  

    Give me a break Simon!  That is just plain ridiculous and you know it (if you have any kind of willingness to use logic).  

    How about the U.S. felt a need to keep ALL it’s obligations and programs going?  From Food Stamps, to Aid for Dependent Children, to Social Security, to the Library of Congress, and anything you care to mention having to do with government.  

    That is why they raided the pension kitty Simon.  Not to fund the takeover of Pakistan. 

    Get real Simon!

    Your newsletter is quickly turning into some sort of nutty exposition of your personal biases.  

    I am interested in news about Chile.  Not a continuing recitation of your personal anti-US bias. 

    Carlos

    • Readyornot2011

       He’s telling it like it is. “We” (the U.S.) are creating and funding wars that aren’t even in our best interest. They are in the interest of the CFR and U.N.. who, very simply, don’t care about America in the long run and are what they can to demolish it, to build their own. They care about their control over everything, in the end. 
      If you disagree or feel the need to get sarcastic now, at least take the time to prove me wrong. But, if you agree, what exactly is Mr. Black saying that you have a problem with?  The American government took more of it’s people’s money than it was allowed and then invaded Pakistan. That has to do with our government, that is what happened, that is what they did with the money.
      I wouldn’t call Simon anti-U.S.. I believe he just doesn’t like what’s happening throughout it. People need to wake up.

    • http://pulse.yahoo.com/_XXUI2U5IPS7IABBMSM4I27BYDA chris

       Carlos,

      My first reaction to your response is to say if you don’t like it, then don’t read it.

      Second, none of the things you named are things the US government is authorized to do, funds or no funds.  We have a spending problem here in the US, and by we I mean the government, and by spending I mean MY MONEY.

      It is not anti-US bias to say so.  I say this becasue I love my country (read: the PEOPLE, not the GOVERNMENT), and faught and bled for it, but the folks in DC are bound and determined to continue their charade, at any expense, come hell or high water.

  • http://profiles.google.com/nemptage Nicholas Emptage

     Of course, life is just dandy in the States if you’re of the corrupt machine’s insiders.

  • http://twitter.com/markdeyoung markdeyoung

     Alleged rapist, Dominique Strauss-Kahn, French Socialist and head of the IMF, was spending $3,000 a night for a hotel room.  Just another example of our ruling elite, who claim they care about the poor, wasting our money.

  • Akov123

    Questions
    to Carlos:

    You appear
    to be a dedicated U.S.
    patriot.  So why do you keep reading
    Simon’s blogs if they’re so adverse to your emotional wellbeing?

    Also, as a
    true believer & patriot, how can you even CONSIDER another country like Chile?

  • Diogenes_

    re: It really leaves me wondering when people are going to wake up and say to themselves, “Enough is enough!”

    That’s never going to happen. Only a tiny percentage has both the brains and character to reject the governments welfare and warfare. It seems unbelievable to readers of this site that most Americans prefer a life of welfare of one type or another, yet that is the case. Americans don’t mind getting molested at airports because they have already embraced a life of prostitution. A majority of Americans don’t even know basic facts about history or economics, let alone have the right stuff needed to reject the welfare-warfare state.

    The same type of words Simon wrote above were also written after secession was made illegal in 1865, when the income tax and fed where created in 1913, during the dozens of instigated wars, during the creation and growth of American welfare from the 1930′s on. Democracy is a total moral and economic failure and was bound to be so, as explained by Edmund Burke and many others before hand.

    I think the only chance left for freedom is in small island communities purposely created by that tiny welfare-warfare rejecting percentage, and in living the multi flag approach.

    • Diogenes_

      Do you have any picture in mind as to what the new world order will be like, should it succeed?
      That’s a tough one. It may well be that the first world would become a
      bit like East Germany after the war – a slow slide into the socialistic
      doldrums. If this does occur, it would mean that the first world’s
      rebirth would likely be thirty to fifty years away. In the meantime,
      other countries, worldwide, will prosper. The free-market will, I think,
      always prevail. It just changes geographical locations from time to
      time.

    • Anonymous

       Greetings,

      And why shouldn’t Americans accept these things?  It all begins when they accept Christianity as a belief system.  After all, what could be more ridiculous than organized religion? 

      As you said, if they only knew the “basic facts” about the history and origin of the great religions then all but the most foolish would reject these ancient superstitions. 

      “Those who can make you believe absurdities can make you commit atrocities.”Voltaire

  • ice nine

    hahaha, aight, simon, since we’re talkin fraud here .. ..

    when it’s all said and done, the FED bought treasurys, the government bailed out the banks, and the banks placed the funds on deposit with the FED

    hmmmmm

    if i did something similar by writing NSF checks among three (or more) accounts in such a way that they all cleared against one another (thereby inflating my balance for a day, a week, however long i decide to keep it up), i’d be thrown in jail for complex circular check kiting

    http://en.wikipedia.org/wiki/Check_kiting

    but then again, i don’t have the authority to conjure sufficient funds into thin air like they do

    nevertheless, it is the penultimate tactic of the desperate

    not sayin that’s exactly what they’re doing, but the resemblance is truly striking — perhaps “kite” will become a new meme in the libertarian circles

  • http://twitter.com/K0JEG Eric

    This is actually kind of funny in a way. By seizing retirement funds I’m sure they expected an outrage from one of their biggest constituencies, public sector workers. I’m sure they watched very closely the public reaction to the big show in Wisconsin and figure they’ll get the same thing at a federal level.

    Of course, if the funds are true retirement funds, they are likely to be heavily invested in FED bonds anyway, so once again they’re playing accounting tricks to make it look like there’s money available.

    They will continue to debate everything EXCEPT the debt ceiling for as long as they can. Before that happens they’ll shut down the national parks for a few days, maybe (finally) eliminate mail on Saturday, and try to scare the public with tales of misery. All of the rhetoric will be in the style of holding a gun to a puppy’s head. Threats will sound like “do what we say or the puppy gets it” with no mention of all the crap that could be cut and no one would notice or even care. News reporters will interview people outside of Yellowstone complaining about the threat of shutdown and how they planned for months and how dare the government ruin their vacations, it’s our RIGHT after all!

    So pull up a chair, grab some popcorn and watch the big show. It’ll be a hoot.

  • http://pulse.yahoo.com/_GWHTIEWBHEV3ZJ4LEFXK7FR3ZU NWO

     The next financial crises will require that every true “Patriot” bend over and let his Uncle Sam use a fist to grab 15 trillion dollars worth  of 401k’s/IRA’S before it all evaporates into thin air.This will be done to “Guarantee” the retirement of Americans against the evil bankers.

  • Anonymous

    The only way to stop this is to go back and fund the federal govt the way we did prior to 1913. 

    • Anonymous

      Well you can start now.  Buy yourself some gold and silver.  Everyone can be their own central bank. 

    • Anonymous

      Well you can start now.  Buy yourself some gold and silver.  Everyone can be their own central bank. 

  • GT

    These posts Simon makes actually are very true and this is coming from a retired military person that served in two wars.  Part of our problem (America) is we allow the media and the politicians divide us and play on our good feelings.

    Carlos it is unconstitutional to provide all of these handouts and we are broke because of it.  Add in the new healhcare and you tell us how we are going to actually pay for it.  Instead a pundit has arrived to cloud the real issue as usual.  I am worried about my country and who is really to blame? 
    A blogger telling the truth or our so called TV that tell us everything is great until you actually do some home work   
     

  • http://www.bzemic.com/impossibleInstinct/ steve ward

    check this out,
    House Dems protest GOP’s plans for permanent war against terror http://thehill.com/blogs/floor-action/house/160419-democrats-protest-gops-plans-for-permanent-war-against-taliban-al-qaeda

    now to me that sounds just plain stupid, but it also goes right with what simon has said?

  • Batch5

    when will the rest of the lemmings wake up. They will not until they fing themself in a cage. Hey how did I get here.
    You have a hard time when the idiots keep sending these slugs back to washington to suck us dry.
    It has to crash before it can be fixed, they are entrenched. Some of these ass holes have been there for over fourty yrs. McConel, Biden, Murkowski, Ried. Come on, these are our best. We are in sad shape if that is the case. See you all in Hell, coming to a town near you.
    Batch

  • Batch5

    when will the rest of the lemmings wake up. They will not until they fing themself in a cage. Hey how did I get here.
    You have a hard time when the idiots keep sending these slugs back to washington to suck us dry.
    It has to crash before it can be fixed, they are entrenched. Some of these ass holes have been there for over fourty yrs. McConel, Biden, Murkowski, Ried. Come on, these are our best. We are in sad shape if that is the case. See you all in Hell, coming to a town near you.
    Batch

  • Threelous

    So true. Has to be the most expensive beer ever purchaced! So now the robbery works it way up to the public sector, I say up because there bigger than all of us lol. This concept of robbing pensions has been going on in the private sector for years just take a look at any company that has filed bankrupcy, GM, Steelmills, textile etc. If we think that any goverment would not eat us all alive to save themselves is foolish. 

  • Threelous

    So true. Has to be the most expensive beer ever purchaced! So now the robbery works it way up to the public sector, I say up because there bigger than all of us lol. This concept of robbing pensions has been going on in the private sector for years just take a look at any company that has filed bankrupcy, GM, Steelmills, textile etc. If we think that any goverment would not eat us all alive to save themselves is foolish. 

  • Ronald

    The Americans are in Afghanistan, in Iraq and you say they went into western Pakistan bordering on Iran-What are they up to?, invasion of Iran?
    They are being spread so thin now-and they are looking at Iran????
    This all looks like what the Roman Empire did when they had dominance over countries in their heyday. If history is not remembered it is soon to repeat itself. Nations rise and fall throughout history and America is no different. Their technology won’t save them. Oh I forgot, they have H.A.A.R.P!

  • Anonymous

    I’m old…but I didn’t reach this age without being young first. “If you are young and not Liberal, you do not have a heart. If you are old and not conservative, you do not have a brain.” In the turbulent 60s in college, not only did I HAVE hair I had at least a foot of it….was anti-war, anti-Gvt., don’t trust anyone over 30, spend defense capital here in the US on America and Americans not in non-stop wars around the world.
    In the 45 years since, I still wish there were no war and wars. Warfare and humans are as intertwined as any repetitive actions by any species of animals. The same thing that makes humans competitive, continually creates wars. For every single DNA-based behavior that creates wonderful creations, there will be at least one offsetting trait producing negative results.
    There have always been wars and there will always be as long as there are humans.
    When I was young and anti-war, I stupidly thought that anyone not as anti-war as I was, must be PRO-war…they wished-for and wanted war, either for some type of personal gain or were purely evil and wanted others to suffer.
    I was totally wrong then and anyone that feels that way today is wrong for 2 reasons: either they have not spent enough 100s of hours of reading mankind’s long and continual association with war, or just too young to look at any global problem with enough perspective. Intelligence and perspective are not synonymous…..one takes experience.
    I still hate war….still am anti-war. Difference in the last 45 years is my recognition that war is a constant and not an optional variable that can be wished out of existence.
    To recognize something as a constant does NOT mean you are an advocate for it.
    There will always be crime, selfish people, diseases, injustices, WARS and all the predictable human vices.
    If something is a constant in life, then planning for it, and planning for it maturely is what individuals, and individual Countries must do.
    Never in all of mankind’s long history has there been any Country so committed to peace, that it changed the hearts of every other Country in the world. Committed-to-piece Countries become the 1st war targets. Citizens don’t start wars by the way…and can not prevent them.
    It is not a contradiction for a Country to be opposed to war and also stay prepared for the inevitability of war. I’m 70 and in good health, but I do have and will have the best possible health insurance for the inevitability of illness and disease.
    If I had chosen the path of declaring that since I am anti-health problems, if I don’t maintain a healthy daily lifestyle AND healthcare insurance, then health problems won’t happen?
    I don’t drink, but that won’t totally prevent some drunk running into and harming me. My refusal to do some act is in no way any type of guarantee that others won’t do that action.
    Any weapon, or weapon system that is so feared that it prevents wars from even starting is the best possible weapon for any Country to have…..in a world of humans where war and wars are, and will always be an inevitable constant.
    Humans and creativity/imagination/resourcefulness are also constants……and sometimes our best attributes are directed toward the wrong goals with the wrong results.
    In the 60s we cynically and sarcastically laughed about nuclear ICBMs being named Peacekeepers……but they were.

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