Consumer Protection Bureau Eyeing U.S. Retirement Funds

							Consumer Protection Bureau Eyeing U.S.
Retirement Funds
by Bob Livingston
February 8, 2013




The U.S. Consumer Protection Bureau says it is worried that Americans, particularly those from
the retiring baby boom generation, are too stupid and gullible to manage their own retirement
savings and is exploring whether it has the “authority” to “manage” people’s retirement funds.
There is $19.4 trillion in the pension funds, 401(k)s and individual retirement accounts (IRAs) of
Americans. The psychopaths in government have had their eyes on those funds for years. Confiscating
that money and exchanging it for more government phony money would stave off collapse for a while
longer. While the money is supposedly yours, government has so regulated it that you can’t really have
it until you reach a magical age it established.
In reality, the legislation setting up IRAs and other retirement vehicles was designed to prop up a
failing stock market and transfer wealth to the bankster mob. Now they want to break into your piggy
bank. “The Securities and Exchange Commission and the Department of Labor are the main regulators
of U.S. retirement savings vehicles and funds. However, the consumer bureau — established by the
2010 Dodd-Frank Act — sees itself as a potential catalyst for promoting a coherent policy across the
government, three anonymous people briefed on the discussions told Bloomberg.
If you haven’t already, it’s time to consider taking the penalty and removing your money from the
hands of the bankster mob and buy real money: gold and silver. But don’t buy funds or promises of
gold and silver. Buy the real thing and store it in your possession.
State, National Lawmakers Take Aim At The
Federal Reserve
by Sam Rolley
February 8, 2013

Faith in the Federal Reserve
continues to falter throughout the
country as the central bank’s
endless quantitative easing and
near-zero interest rates have
failed to result in economic
recovery while increasing the
danger of a hyperinflation
nightmare. Lawmakers
throughout the Nation are
looking at ways to rein in the
central bank’s power while also
hedging against the consequences
of possible Fed policy failures.
Two Republican Senators, Bob
Corker of Tennessee and David Vitter of Louisiana, announced Monday that they would introduce
legislation requiring the Fed to scrap the employment portion of its dual mandate and put all of the
central banking power into avoiding inflation.
“I’ve long argued that the Fed should just focus on inflation,” Vitter said in a news release. “With
endless stimulus-type initiatives coming out of the Fed and the money printing press never ending —
all under the banner of helping boost employment — the Federal Reserve should get back to its original
goal. This policy strives to do just that.”
The idea of returning Fed policy focus to a single mandate has been championed by fiscal
conservatives since Congress issued the dual mandate requiring the central bank to aim for high
employment and low inflation in all of its action. Lawmakers like Corker and Vitter argue that the dual
mandate has done little more than give Congress a free pass to ignore budgets and encourage reckless
                                                   borrowing. They evidence the claims by pointing to
                                                   the nearly $3 trillion worth of Federal debt the Fed
                                                   has purchased since Congress issued the dual
                                                   mandate.
                                                  “Providing the Fed with a clear and explicit focus on
                                                  keeping inflation low will serve America better than
                                                  the broad, bipolar mandate it has today,” Corker said.
                                                  “The dual mandate blurs the line between fiscal and
                                                  monetary policy and allows Congress to shirk its
                                                  responsibility to enact sound budgets and policies that
                                                  produce economic growth.”
                                                  Meanwhile, lawmakers in 13 States throughout the
Nation — including Minnesota, Tennessee, Iowa, South
Carolina and Georgia — have made moves to consider
setting up their own gold-backed currencies. In 2009,
just after Ron Paul published his book End The Fed,
making the central bank a mainstream political topic,
only three States had begun taking similar steps. So far,
Utah is only the State to approve a law recognizing
nontraditional currency.
The latest State to move closer to coining its own
currency is Virginia, where GOP lawmakers are taking
an approach similar to that of other States that are
looking to hedge against possible Fed failures. Virginia
State lawmaker Robert Marshal introduced legislation
proposing a serious study on the topic; the bill passed in
Virginia’s House of Delegates with a 2-1 majority this
week. Three years ago, the same legislation was
shrugged off by fellow lawmakers when Marshal
introduced it.
On Monday, Senator Rand Paul (R-Ky.) did his part to
hold the Fed accountable by following in his father’s
footsteps and re-introducing a bill to audit the Fed in the
Senate.
“I introduced Audit the Fed (S. 209) in the U.S. Senate
to put an end to the Fed’s ‘print-now, ask-questions-
later’ policies that are bankrupting every man, woman, and child in the United States.” Paul said in an
email to supporters.
He continued, “Of course, Ben Bernanke’s puppets in Congress are doing everything they can to stop
folks like you from blowing the lid off the Federal Reserve.”
Zeitgeist Addendum The Fraud of The U.S. Banking System VIDEO BELOW
http://www.youtube.com/watch?v=1gKX9TWRyfs

Creature From Jekyll Island A Second Look at the Federal Reserve VIDEO BELOW
http://www.youtube.com/watch?v=bhMacPvc5qc

Fiat Empire: Why The Federal Reserve Violates The U.S.
Constitution VIDEO BELOW
http://www.youtube.com/watch?v=5K41O2QfpjA

Money, Banking and the Federal Reserve VIDEO BELOW
http://www.youtube.com/watch?v=YLYL_NVU1bg

The Money Masters a History of Money VIDEO BELOW
http://www.youtube.com/watch?v=iDtBSiI13fE


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