DELTA: FRANKIE I WILL JOIN YOU ON THE CC.. A LOT OF BINGOS TODAY FRANKIE...
IT LOOKS LIKE CBI IS READY!! DELTA
Frank26: YUP. CBI. DRS GOI?
Tonight .......... You ........ I ............ Everyone.
DELTA TEAM ........... Now !!!
ITEAM .................. Feb ?
FRANK26 .............. In first Half of 2016 .
IMF/WB/BIS/WTO/LL/ ............ Yesterday
What IF I broke this down into it's zoo particles for YOU on YOUR MONDAY CC tonight KTFA FAMILY? KTFA Frank
Frank26: As a TEAM .......... On Dec 21 2105 we went MAGMA RED and still at that Level of attention.
Your CC will be LONG tonight .......... Unless You get bored ......... It can end quickly too.
Frank26: You know color communication in FLAGS ....... Tell me ZEKE ....... What TWO COLORS give You GREEN?
Zeke: OK... this I know .... you will need Yellow & Blue and depending on the shade of green you are trying to create.... you will need to have the proper shade of those colors !!!
Frank26: Then KNOW this ........... Even as seen with these two colors ............ It is really full GREEN.
Now give me TWO ............... GREENS ............ Of The Lava Flow.
KTFA Frank....... Tell You tonight....\m/
Bravesfan: Green Zone and hhhhhmmmmmmmmm and GREEN LIGHT!!!
Poppy3 STILL HEARING THE SAME REPORTS THAT RATE WILL SHOW BY MARCH 1. TIME WILL TELL.
Geebs55: I can just say that my group contacted me over the weekend to confirm an amount I have and cross checked that to a paymaster list. Its sounding soon
KBoom: geebs- that is encouraging. I have heard from high-end group members being told to be ready, but that has been ongoing for some time now
I do believe everything that needs to be done is in place. That's why I think it CAN go at any time. I think our markets and the global economy is in a very precarious position- that's why I think it NEEDS to happen soon.
Geebs64: I trade Currency pairs and I have checked numerous times on the USD/IQD and see nothing that indicates anything we need. It is going to follow the RV, not lead it.
Xyz: Maliki Behind bar? http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http ://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D30287
Xyz: Urgent Abadi: Willing to leave office if achieved overall change http://translate.google.com/translate?depth=1&hl=en&sl=ar&tl=en&u=http ://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D30288
Megameallionear: PREPARE THYSELF TO GUARD AND GUIDE THY WEALTH...
Here’s why (and how) the government will ‘borrow’ your retirement savings
Simon Black February 15, 2016 Santiago, Chile
According to financial research firm ICI, total retirement assets in the Land of the Free now exceed $23 trillion.
$7.3 trillion of that is held in Individual Retirement Accounts (IRAs).
That’s an appetizing figure, especially for a government that just passed $19 trillion in debt and is in pressing need of new funding sources.
Even when you account for all federal assets (like national parks and aircraft carriers), the government’s “net financial position” according to its own accounting is negative $17.7 trillion.
And that number doesn’t include unfunded Social Security entitlements, which the government estimates is another $42 trillion.
The US national debt has increased by roughly $1 trillion annually over the past several years.
The Federal Reserve has conjured an astonishing amount of money out of thin air in order to buy a big chunk of that debt.
But even the Fed has limitations. According to its own weekly financial statement, the Fed’s solvency is at precariously low levels (with a capital base of just 0.8% of assets).
And on a mark-to-market basis, the Fed is already insolvent. So it’s foolish to think they can continue to print money forever and bail out the government without consequence.
The Chinese (and other foreigners) own a big slice of US debt as well.
But it’s just as foolish to expect them to continue bailing out America, especially when they have such large economic problems at home.
US taxpayers own the largest share of the debt, mostly through various trust funds of Social Security and Medicare.
But again, given the $42 trillion funding gap in these programs, it’s mathematically impossible for Social Security to continue funding the national debt.
This reality puts the US government in rough spot.
It’s not like government spending is going down anytime soon; it already takes nearly 100% of tax revenue just to pay mandatory entitlements like Social Security, and interest on the debt.
Plus the government itself estimates that the national debt will hit $30 trillion within ten years.
Bottom line, they need more money. Lots of it. And there is perhaps no easier pool of cash to ‘borrow’ than Americans’ retirement savings.
$7.3 trillion in US IRA accounts is too large for them to ignore.
And if you think it’s inconceivable for the government to borrow your retirement savings, just consider the following:
1) Borrowing retirement funds is becoming a popular tactic.
Forced loans have been a common tactic of bankrupt governments throughout history.
Plus there’s recent precedent all over the world; Hungary, France, Ireland, and Poland are among many governments that have resorted to ‘borrowing’ public and private pension funds.
2) The US government has already done this with federal pension funds.
During the multiple debt ceiling fiascos since 2011, the Treasury Department resorted to “extraordinary measures” at least twice in order to continue funding the government.
What exactly were these extraordinary measures?
They dipped into federal retirement funds and borrowed what they needed to tide them over.
In fact, the debt ceiling debacles were only resolved because the Treasury Department had fully depleted available retirement funds.
3) They’ve been paving the way to borrow your retirement savings for a long time.
Two years ago the government launched a new initiative to ‘help Americans save for retirement.’
It’s called MyRA. And the idea is for people to invest retirement savings ‘in the safety and security of US government bonds’.
Since then they’ve gone on a marketing offensive involving the President, Treasury Secretary, and other prominent politicians.
(Most recently Nancy Pelosi published an Op-Ed in the San Francisco Chronicle a few days ago promoting the program.)
They’ve also proposed a number of legislative reforms to ‘encourage’ American businesses to sign their employees up for MyRA.
Just last week, Congress introduced the “Making Your Retirement Accessible”, or MyRA Act, which would charge a penalty to employers whose workers don’t have a retirement account.
The proposed penalty is $100. Per worker. Per day.
Imagine a small business with, say, 10 employees who don’t have retirement accounts. The penalty to Uncle Sam would be a whopping $30,000 PER MONTH.
There’s a word for this. It’s called extortion.
Obviously when facing a $30,000 monthly penalty, an employer will pick the easiest option.
Given the absurd amount of government regulation on the rest of the financial industry, MyRA is the fastest choice.
This isn’t about fear or paranoia. It’s about facts.
And the reality is that the government in the Land of the Free is moving in the direction of borrowing more and more of your retirement savings.
If you still remain skeptical, remember that last year the government stole more from its citizens through Civil Asset Forfeiture than thieves in the private sector.
Or that just 45-days ago a new law went into effect authorizing the government to strip you of your passport if they believe in their sole discretion that you owe them too much tax.
No judge. No jury. No trial. They just confiscate your passport.
This is happening. It’s a reality that rational, thinking people should plan for. LINK