It's Official - America Now Enforces Capital Controls On March 18, with very little pomp and circumstance, president Obama passed the most recent stimulus act, the $17.5 billion Hiring Incentives to Restore Employment Act (H.R. 2487), brilliantly goalseeked by the administration's millionaire cronies to abbreviate as HIRE. As it was merely the latest in an endless stream of acts destined to expand the government payroll to infinity, nobody cared about it, or actually read it. Because if anyone had read it, the act would have been known as the Capital Controls Act.... ...And so the noose on capital mobility tightens, as very soon the only option US citizens have when it comes to investing their money, will be in government mandated retirement annuities, which will likely be the next step in the capital control escalation, which will culminate with every single free dollar required to be reinvested into the US, likely in the form of purchasing US Treasury emissions such as Treasuries, TIPS and other worthless pieces of paper. http://www.zerohedge.com/article/its-official-america-now-enforces-capital-controls What this means is, the feds are going to MAKE your pension funds invest in worthless federal paper. And as the feds continue to intentionally destroy the country, and the dollar continues to fall in value, your pensions will go bankrupt. All seig heil the chief.
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