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Will Fed Tapering Lead to Forced U.S. Treasury Retirement Accounts?

“A government big enough to give you everything you want, is big enough to take away everything you have.” attributed to Thomas Jefferson

There has been a lot of talk lately that the Federal Reserve may soon taper its purchases of U.S.Treasury bonds and mortgage back securities.

There has also been some talk about forced retirement accounts.
Indeed, this topic was the subject of a recent Time magazine article.

There is irony in this proposal given we already have a mandatory retirement program called Social Security.

These two stories may have a common thread.

Read more: http://smaulgld.com/forced-retirement-accounts/



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The Fed won't taper IMO...

...and they won't force people into treasuries until things get really desperate (higher bond yields), as such a move would alert the world to the nakedness of the emperor.

"Alas! I believe in the virtue of birds. And it only takes a feather for me to die laughing."

Not tapering, ever. Tapering would crash the system.

The Federal Reserve has doubled the money supply, on average every 7.6 years.

The Government borrows the fiat currency into existence by selling US Treasuries.

They have been doing this since 1914.

The Federal Reserve and Government will never taper anything, but continue loaning government ever increasing amounts.

In short, anyone who is not a Federal Reserve member or Bureaucratic parasite gets cheated every day in every way.

Tomorrow it will be the same. Until we reject the false prosperity that central banking promises.

Free includes debt-free!

fireant's picture

Rest assured the criminals are eyeing all the trillions in IRA

and 401K accounts. It could come in the form of mandatory government bond purchases, or even a "one time patriot tax".
Money in those type accounts, as well as regular savings are also at risk of bank default. If I had one of those tax deferred accounts, I would pay the penalty and close it down. A 10% loss now is worth eliminating the risk. There is no doubt in my mind the government will be coming after that money at some point.

Undo what Wilson did

Europe already does it so why not us, too?

Europe already does it so why not us, too? All pension funds in Sweden and Britain and Holland and other socialist counties ARE REQUIRED to hold a large percentage of state bonds in their portfolios.

This is worse than war bonds. At least those were voluntary and suited for a purpose. This is coercion to force the people to prop up a rotten state apparatus.

If the state falls, so do the people. Nobody escapes. "Goetterdaemmerung for all"!

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

didnt know that

but not surprising for socialist countries to require as such

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bump for executive order

bump for executive order

Southern Agrarian

i think you'd see a "patriotic" executive order

after a market crash or default-make the citizen pitch in and do their "fair share"
Remember all those calculations that show how much each person and family owes on the family debt?-now buy it!

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War bonds come mind too.

War bonds come mind too.

Southern Agrarian

precisely

and in a national debt crisis or economic collapse I can see the poster
come to your nation's aid buy Freedom bonds

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Poster: "Citizens of

Poster:
"Citizens of America,
We really F-ed up big time,
Don't worry, it won't happen again,
Please, buy our stuff to help us out.
-Your Gov"

(include picture of flag, eagle, soldier, person, football, etc)

Southern Agrarian

You might be on to

You might be on to something.
Read the first paragraph.
http://www.whitehouse.gov/the-press-office/2013/06/25/execut...

Southern Agrarian

while the govt would love this solution

it would take a crisis to implement. The real problem comes in how to get the participants to buy the treasuries-do they sell existing stocks to buy them?

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or perhaps they could require the purchase of US bonds

to be mandatory prospectively

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