And so the predictable becomes probable: expect more pensions to be raided. Don't believe for a second that only French pensioners are at risk. Every over-indebted government will go after pensions.
When convicted bank robber Willie Sutton was asked why he robbed banks, his alleged response was, "because that's where the money is."
http://www.bloomberg.com/news/2013-02-14/hollande-tiptoes-toward-raid-on-pensions-under-pressure-from-eu.html
Showing posts with label raid. Show all posts
Showing posts with label raid. Show all posts
Friday, February 15, 2013
Wednesday, July 11, 2012
Thursday, June 9, 2011
Feds defend Department of Education raid on a home
In a follow up to this story, I guess the raid was justified. /sarcasm
http://www.politico.com/news/stories/0611/56530.html
Back to our regularly scheduled programming.
http://www.politico.com/news/stories/0611/56530.html
Back to our regularly scheduled programming.
Labels:
Department of Education,
Feds,
raid
Tuesday, May 10, 2011
Irish Bombshell: Government Raids PRIVATE Pensions To Pay For Spending
Thanks to Dick for finding this article. It's something we've been predicting and warning readers about for a few years, and it's coming to the US before you can say "confiscation."
http://www.businessinsider.com/irish-bombshell-government-raids-private-pensions-to-pay-for-jobs-program-2011-5
http://www.businessinsider.com/irish-bombshell-government-raids-private-pensions-to-pay-for-jobs-program-2011-5
Labels:
Irish,
pension funds,
raid
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