MONEY: Pensions are an attractive pot of money

http://washingtonexaminer.com/blogs/beltway-confidential/2011/01/europe-starts-confiscating-private-pension-funds#ixzz1A4bDsXPq

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The article goes on to detail other pension grabs in Bulgaria, Poland, France and Ireland. Obviously, this is a cautionary tale for America. If fiscal austerity becomes a real issue in the U.S. the way that it’s been reaching critical mass in Europe — don’t think that U.S. lawmakers regard your either your personal wealth or money they might owe you as sacrosanct. Government has a habit of looking out for itself.

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Too arms! To arms! Bad ideas have a way of flowing over “the pond”. Where will politicians find a lot of quick easy money? Sure, your retirement! And, the politicians and bureaucrats only have to strong arm about 2200 “custodians”. Who happen to be the very people that were “bailed out” with taxpayer money last year. So how much of a bonus did you get, Taxpayer? Mine must have gotten lost in the mail. I’d suggest that everyone take keyboard to hand and share this story. Then, get to your congress critter with a stern warning — keep your mitts off my retirement! Argh!!!

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