If You Like You Retirement Plan, You Can Keep Your Retirement Plan... It's no joke folks... Barack Obama is coming after your retirement account and he's moving to do the dirty deed quickly... by Executive Decree... before anyone is any the wiser... On August 24th, Barack Obama's radical Secretary of Labor, Tom Perez, quietly and secretly unveiled 900 new pages of federal regulations... regulations that will pave the way for the federal government to seize effective control of your 401(k), IRA and any other non-union retirement plan that you hold independently or was provided to you through your employer. Some are already calling it "ObamaCare for your retirement plan," but what Obama is trying to do is far worse. In short, Barack Obama wants to seize effective control over your hard-earned money. What he can't tax, he'll simply take; and what he can't take outright, he'll simply attempt to control; and, as things now stand, only Congress can stop Barack Obama by freezing the funds he will need to implement this radical scheme to effective seize control over your retirement plan. Use the hyperlink below to send your urgent Blast Faxes to each and every Member of the Republican Leadership of the United States Senate and the United States House of Representatives and the 38 Members of the Freedom Caucus in Congress. Or alternatively, send your urgent Blast Faxes to each and every Republican Member of the United States Senate and the United States House of Representatives. If button above does not work, please use this hyperlink or copy and paste https://fs8.formsite.com/ Yes, It's ObamaCare For Your Retirement Plan. According to the research firm the Spectrem Group, Americans now have 21.5 trillion dollars in retirement savings. With a national debt of over 18 trillion dollars, gaining access and control over that money is simply too irresistible to the leftist politicians, social planners and the criminals who otherwise call themselves elected officials. John Berlau, a senior fellow at the Competitive Enterprise Institute, explains in fairly plain English what the Obama Regime is really trying to do: "Bypassing the Securities and Exchange Commission, the agency with primary jurisdiction over the investment industry, President Obama tasked the Department of Labor with proposing the 'fiduciary rule,' a new regulatory and hidden-tax scheme that could be fairly described as 'ObamaCare for your IRA.'" Berlau goes on to explain how the scheme will work: "Financial professionals who provide even one-time guidance or appraisal of investments could find themselves classified as 'fiduciaries,' even if the clients they serve make their own investment decisions for their 401(k)s and individual retirement accounts (IRAs). These professionals will face liability and government penalties (and their customers may face taxes on newly 'prohibited transactions') if they do not adhere to what the DOL determines to be the 'best interest' of an investor." And these financial professionals will not be able to adhere to these standards. Non-compliance is already baked into the 900 page proposed guidelines. As Peter Schneider, the president of Primerica, says, this Obama scheme is "so complex, so onerous and so costly, it's UNWORKABLE." So what's the end game? In a recent article that is titled, "If You Like Your 401(k), You Can Keep Your 401(k): Obama Labor Department Sets Stage For Nationalizing Retirement Accounts," author David Mills describes the end result: "Like ObamaCare, the idea is to drive small and mid-size service providers out of the retirement business by ensuring that the costs of complying with regulations are unaffordable. ... Their intent... is to force a consolidation of the retirement service industry, just as ObamaCare drove mergers and acquisitions in the health care business, leaving only gigantic corporations in its wake. These companies have become intertwined and dependent upon legislators and lobbyists in Washington. They can't make a move without the permission of the federal leviathan." Put in language that average Americans can understand, if you like your retirement plan, you can keep your retirement plan until the Obama Regime forces the company that administers that plan out of business. And if you like your ability to choose the vehicles that fund your retirement plan, those choices are going to go up in smoke once our elected officials start to collude with the few players that are left on the field and work with them to start investing increasingly greater amounts of your retirement funds in government debt... high risk, low yield debt that will only be paid back by the government printing more money or perhaps, not even paid back at all. Don't allow our elected officials to literally steal your hard-earned retirement savings just as they stole from Social Security for so many years... if enough people make it known that they are on to Barack Obama's little scheme, those plots and plans will go up in smoke. Use the hyperlink below to send your urgent Blast Faxes to each and every Member of the Republican Leadership of the United States Senate and the United States House of Representatives and the 38 Members of the Freedom Caucus in Congress. Or alternatively, send your urgent Blast Faxes to each and every Republican Member of the United States Senate and the United States House of Representatives. If button above does not work, please use this hyperlink or copy and paste https://fs8.formsite.com/ Obama Has A Pen And A Phone And The Lawless Usurper Plans To Use Them Up Until The Day He Leaves Office. Never forget, Barack Obama promised to fundamentally transform America and it's a promise he intends to keep. He believes that hard-working Americans are simply too proud... too cocky... too well off. In his mind, he doesn't believe that you have the right to use your own money to retire comfortably as long as there is so much suffering in the world. He also believes that you're simply too stupid to know how to spend your money and that leftists in Washington should be the ones to spend it for you, and if you don't believe that assertion, here's Berlau again: "On page 4 of the proposed regulation, DOL expresses the view that 'seldom' can Americans 'prudently manage retirement assets on their own,' and that they 'generally cannot distinguish... good investment results from bad.' This from the administration that blew $535 million on subsidizing the Solyndra 'green energy' boondoggle!" But don't rely on what Barack Obama's minions, like the radical leftist Tom Perez, who is in charge of the Obama Department of Labor, say; you only need look at what Barack Obama does because these 900 pages of economy-destroying regulations are not his first attempt to steal your hard-earned life savings. He's been at it for years. Back in November of 2012, WND reported that "the Obama administration was exploring a creative way to finance continuing trillion-dollar annual federal budget deficits through forcing private citizens holding IRA and 401(k) accounts to purchase Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts." Right-thinking Americans were naturally suspicious, and thankfully, the United States Seventh Circuit Court of Appeals issued a ruling to stop Barack Obama's plans to loot the retirement accounts of millions of Americans. Mills again: "The DOL, under the direction of the controversial, radical leftist Tom Perez, had tried to force providers of 401(k), 403(b), IRA, and related services to adopt a massive new set of regulations known as 'fiduciary' responsibilities." And now that the Supreme Court has declined to hear the Obama Regime's appeal, Mr. Lawless has decided to use his pen and his phone to defy the courts and implement his pick-pocket scheme anyway. That's the Obama way... that's the Chicago way. That's why it's up to Congress to stop Barack Obama. The rallying cry is simple: 'Mr. Obama, keep your stinking hands off of my retirement account' but it's up to you to make Congress listen. Use the hyperlink below to send your urgent Blast Faxes to each and every Member of the Republican Leadership of the United States Senate and the United States House of Representatives and the 38 Members of the Freedom Caucus in Congress. Or alternatively, send your urgent Blast Faxes to each and every Republican Member of the United States Senate and the United States House of Representatives. If button above does not work, please use this hyperlink or copy and paste https://fs8.formsite.com/ P.S. It's time for patriotic Americans to rise up and say, Mr. Obama, keep your stinking hands off of my retirement account.
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Friday, September 4, 2015
OBAMA'S INTENT IS TO SEIZE YOUR RETIREMENT!
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