A recent hearing sponsored by the Treasury and Labor Departments marked the beginning of the Obama Administration’s effort to nationalize the nation’s pension system and to eliminate private retirement accounts including IRA’s and 401k plans, NSC is warning.
The hearing, held in the Labor Department’s main auditorium, was monitored by NSC staff and featured a line up of left-wing activists including one representative of the AFL-CIO who advocated for more government regulation over private retirement accounts and even the establishment of government-sponsored annuities that would take the place of 401k plans.
"This hearing was set up to explore why Americans are not saving as much for their retirement as they could," explains National Seniors Council National Director Robert Crone, "However, it is clear that this is the first step towards a government takeover. It feels just like the beginning of the debate over health care and we all know how that ended up."
A representative of the liberal Pension Rights Center, Rebecca Davis, testified that the government needs to get involved because 401k plans and IRAs are unfair to poor people. She demanded the Obama administration set up a "government-sponsored program administered by the PBGC (the governments’ Pension Benefit Guarantee Corporation)." She proclaimed that even "private annuities are problematic."
Such "reforms" would effectively end private retirement accounts in America, Crone warns. "These people want the government to require that ultimately all Americans buy these government annuities instead of saving or investing on their own. The Government could then take these trillions of dollars and redistribute it through this new national retirement system."
Deputy Treasury Secretary J. Mark Iwry, who presided over the hearing, is a long-time critic of 401k plans because he believes they benefit the rich. He also appears to be one of the Administration’s point man on this issue.
"This whole issue is moving forward very quickly," warns Crone. "Already there is a bill requiring all businesses to automatically enroll their employees in IRA plans in which part of every employee’s paycheck would be automatically deducted and deposited into this account. If this passes, the government will be just one step away from being able to confiscate all these retirement accounts."
NSC has taken the lead in warning the nation about this new government onslaught and is plotting ways to stop it.
"This effort ultimately is designed to grab the retirement nest eggs of America’s senior citizens. This new government annuity scheme, even if it is at first optional, will turn into a giant effort to redistribute the wealth of America’s older citizens," explains Crone. "This scheme mirrors what I expect the President will try to do with Social Security. He wants to turn that program into a welfare program, too."
NSC will likely unveil a new grassroots campaign effort later this year or early in January to coincide with the seating of the new Congress.
(Originally posted 10/13/10)
Now that Barack Obama has been "re-elected", he's going to push harder than ever to seize private retirement accounts. To sign NSC's emergency petition against Obama's new National Retirement System scheme, just click here.
ORDERS OF WE THE PEOPLE
We THE People
And as Interim President, 12 May 2013
Initiate the orders of We THE People
We THE People who are the Civilian Authority with superior lawfull position over the U.S. Corporation and U.S. Military acting under the Original Jurisdiction of the United States Constitution 1789, Bill of Rights 1791 with the original 13th Amendment=”which removes persons who has an entitlement from holding public office” as the United States of America, Republican form of Government, standing as the true form of Government is proud to announce the following effective IMMEDIATELY.:
As Interim President=Commander in Chief of the Republic it is the duty of this de jure office to ensure the orders issued to the United States Military , Secretary of the Treasury, Provost Marshall and its Public Servants are carried out within the proper time as required by We THE People of The United States of America.
This announcement is for We THE People of the United States of America and our Friends World Wide and
To Chief of Staff of Joint Chiefs, Field Generals, Admirals, Office of General Council for Pentagon, Secretary of the Navy, Trustees of the Constitution and Office of the Inspector General, Provost Marshal, Flag Officers and Secretary of the People's Treasury;
This announcement and order is to the Secretary of the Peoples Treasury Mr. Jack Lew, the Flag Officers assigned to The Secretary of the Treasury Mr. Jack Lew and the Provost Marshall,
You are hereby ordered to use any force including EXTREME PREJUDICE toward any and all public officers including any and all people in the U.S. Corporation=Internal Governmental Departments=Agencies, Individual Corporations=Organizations, and any other Entity=sentient beings WHOM are delaying=derailing= holding up=stopping any other delaying manipulation tactic on the execution of the following announcements and orders:
1. The Flag Officers assigned to The Secretary of the Peoples Treasury Mr. Jack Lew and Provost Marshall is ordered to commandeer all main stream television and radio broadcasting companies and start the announcements that have been prerecorded to inform the Nation:
a. The Republic being re-set, shutdown of the US Corporation (founded in 1871),
b. The shutdown of the Federal Reserve (99 Year Contract Ended),
i. All Debt caused from the US Corporation and / or Federal Reserve is not the responsibility of We THE People of the United States of America
ii. The collector of this debt shall look to and upon US Corporation and its CEO / Presidents, their staff including Legislative and Judicial holders plus the Executives of the Federal Reverse to repay ALL DEBT from their wealth which they stole from the We THE People
iii. Furthermore, the US Corporation Past and Present President, Vice President, staff, Legislative and Judicial are classified as Corporate Contractors or Actors who do not have the lawfull standing for the positions they currently occupy. Therefore, they are trespassing upon We THE People’s rights and liberties and are subject to our Constitutional Laws for Fraud, Treason, Misrepresentation, Embezzlement of our Currency, Unlawfull taxation and more. All damages shall be paid to We THE People by Seizing their assets and freezing their funds on-shore and off-shore bank account, safe deposit boxes, Precious Metals stashes, any storage, and depositing all recovered items back into the Peoples Treasury.
c. The shutdown of the Internal Revenue Service=IRS (taxation was repealed by Congress in 1939 and has been in operation fraudulently and while working for foreign agents it has fraudulently told the American people that is a department of the Treasury)
d. To Immediately begin broadcasting the educational=truth of this nation's true history
2. The Secretary of the Peoples Treasury Mr. Jack Lew is established and operating under the Republican form of Government as the true Treasury
3. The Secretary of the Peoples Treasury Mr. Jack Lew will
a. Conduct a forensic audit of the IRS, freeze all assets, shut down all IRS operations and return all stolen funds to We THE People of The United States of America by depositing the returned funds in the Peoples United States Treasury.
b. All bankruptcies of the United States to date are terminated.
c. All debt tied to the social security numbers shall be set to zero.
i. Due to corrupt and unlawful banking practices and corrupt and unlawful government activities ALL injured parties shall be notified immediately following these actions and public announcements on all major media outlets shall commence immediately.
d. Remove=Terminate all unlawful taxation on all privately held property=land=labor.
e. Remove=Terminate all private personal income tax and private business taxation.
f. The return all government agencies CAFR=off book accounts and all court CRIS account funds to the Peoples United States Treasury.
i. CAFR=Consolidated Annual Financial Report
ii. CRIS=Court Registry Investment System
g. Restore financial privacy to all private sentient beings.
h. Introduce the United States Treasury currency (UST) backed by Gold and other Precious metals replacing the Federal Reserve Note effective IMMEDIATELY.
i. Release the 1.5 Trillion dollars of the Wanta-Regan-Mitterrand Protocols into the United States Treasury for We THE People
j. Announce the largest banks in United Sates of America are now Basel 3 Banking Regulations compliant along with several hundred mid-size banking institutions.
i. Basel 3 - A comprehensive set of reform measures designed to improve the regulation, supervision and risk management within the banking sector.
ii. Basel 3 - Largely in response to the credit crisis, banks are required to maintain proper leverage ratios and meet certain capital requirements protecting the end customer.
4. The “Fines & Penalties”, Foreign Currency Revaluation, Prosperity Packages, the Global Settlements Program, Prosperity Packages, Native American Claims, Humanitarian funds are to be paid out simultaneously effective IMMEDIATELY.
5. The Secretary of the Peoples Treasury Mr. Jack Lew will oversee the delivery Sunday 12 May 2013 to all recipients of the Farm Claims=Fines and Penalties=Farm Claims Class Action Law Suit Settlement=Bank Claims=Resolution Trust proceeds to the people;
a. The Farm Claims shall be moved to the Royal Bank of Canada for complete delivery=disbursement effective IMMEDIATELY.
b. The Farm Claims Lawsuit shall be unsealed and made part of the public record with=by publication, posting on the internet which is freely accessible to the public at large and=or full disclosure to all claim participants. The executive order that has kept this information hidden was done with the intent to defraud the people and has delayed the execution and delivery of the settlement.
c. These claims shall be delivered using any of the following methods of delivery or all of them together; National Guard, County Sheriffs, Bonded Couriers, Registered Mail, and the Organized and Unorganized State Militias.
- There shall be NO taxation, NO fees, NO NDAs, NO hidden=misleading language, NO terms or condition or forms that create a contract causing loss of value through BANK FRAUD=MANIPULATION against the private citizen's.
- The Secretary of the Peoples Treasury Mr. Jack Lew shall conduct the release of the foreign currency exchange to all tier three foreign currency holders known as the "U.S. Treasury Hold" on the participating banks Sunday 12 May 2013 and
- To communicate on all main stream media channels that the global re-set has occurred every hour for the next seventy- two (72) hours.
- All banks are to make the hours of operation from 07:00 AM to 24:00 PM daily for the next ninety (90) days.
- All tier three foreign currency holders shall be given VIP=Group rates with NO taxation, NO fees, NO NDAs, NO hidden=misleading language, NO terms or condition or forms that create a contract causing loss of value through BANK FRAUD=MANIPULATION against the private citizens when they exchange their currency.
- The Secretary of the Peoples Treasury Mr. Jack Lew will release the Global Settlements Program, Prosperity Packages, Native American Claims, and all other programs and claims of a similar nature on 12 May 2013.
It is Ordered, sentenced, and decreed by the Political Will of the People~
The United States of America
Reference: Contempt of the Constitution, Declaration of Independence circa 1776 and 2012, Orders #1-10