Here is a penny's worth of reality:
The Bipartisan Policy Center has calculated the day when one credit card will run out of room to pay the other credit card for our federal government. That time-frame is now 39 days away from an immovable object, the us mandatory spending. According to ZeroHedge.com, "as of August 31, 2013, approximately $108 billion in extraordinary measures remained available for use."
Those "extraordinary measures" likely translate into pilfering from the Federal Employee Pension. I don't care what team you are on, if a private business did this, someone is going to jail.
It gets better.
After Cyprus finished it's bail-in, Greece began its. This is why yesterday's bail in of Poland is significant. No two points of data make a trend, but 3 do begin to give it momentum in one very disturbing direction.
That's right. They very well may be on the way to confiscating IRA's, 401K's and Pensions.
It's real simple. For your protection and the safety of your savings, 50% of all new contributions must go into "special" (oh and they will be special) US treasury bonds. They'll even give it a cute name like "Children's Prosperity Bonds- Scrueing our Future."
Ron Paul had the best idea. Just eliminate the Federal Reserve. It holds a couple Trillion in US Debt bought with 1's and 0's out of thin air. Should be fair to toss that out.
Watch for tomorrows special "Libertarian Party Pierce St Croix - A Call for Truth and Justice."
