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SGT Report: Your Wealth To BE SEIZED:
Shakey1
Registered User
User ID: 187650
09-12-2013 08:40 AM

Posts: 15,813



Post: #1
SGT Report: Your Wealth To BE SEIZED:
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Quote:Published on Sep 11, 2013
Andy Hoffman and writer Jeff Nielson join us for an in-depth precious metals and monetary Ponzi update. At the front of mind is the Polish government's announcement that it has seized 50% of privately-owned pension funds from its citizens to shore up government fiscal shortfalls. It's a BAIL-IN, though the mockingbird media has refused to cover it. It's Cyprus Part Deux. It's the new trend worldwide, and Andy and Jeff warn you, it's coming here next.

For REAL News & Information 24/7:
http://sgtreport.com/
http://thelibertymill.com/

...

How Long Before Economic Collapse

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(This post was last modified: 09-12-2013 08:42 AM by Shakey1.) Quote this message in a reply
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DiamondEyes
Hullo
User ID: 188409
09-12-2013 08:44 AM

Posts: 946



Post: #2
SGT Report: Your Wealth To BE SEIZED:
Bump

-Insert witty signature here
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LoP Guest
lop guest
User ID: 142621
09-12-2013 08:59 AM

 



Post: #3
SGT Report: Your Wealth To BE SEIZED:
Whoa!!!!!! $700 trillion in debt!!!!!!
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Adveser
Heavy Metal/Satan Enthusiast
User ID: 189331
09-12-2013 09:38 AM

Posts: 5,941



Post: #4
SGT Report: Your Wealth To BE SEIZED:
LoP Guest  Wrote: (09-12-2013 08:59 AM)
Whoa!!!!!! $700 trillion in debt!!!!!!

Someone would have to not how to count to come up with that kind of number.

And where are they now?
The little children of Stonehenge
And what would they say to us?
If we were here... tonight
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LoP Guest
lop guest
User ID: 189390
09-12-2013 09:42 AM

 



Post: #5
SGT Report: Your Wealth To BE SEIZED:
Hey, if it's on u-tube, it must be true!
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Devout Agnostic
Not positive is not negative
User ID: 67579
09-12-2013 09:56 AM

Posts: 7,248



Post: #6
SGT Report: Your Wealth To BE SEIZED:
Reminds me of the time the RIAA tried to sue Limewire for $75 trillion. And that was a little more money than existed in the whole world.

Government is not a thing, it is a belief.

HOW TO SPOT A SHILL ON A CONSPIRACY FORUM:
They're the ones who call other people "crazy"
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Chaos Pimp

User ID: 168535
09-12-2013 10:37 AM

Posts: 1,576



Post: #7
SGT Report: Your Wealth To BE SEIZED:
Polish Government Seizes Private Pension Assets

Authorities in Poland last week announced the confiscation of bonds held in private pension funds without compensation, implausibly claiming that the move did not amount to a nationalization of the assets. While Polish officials engaged in rhetorical games and semantics to conceal the severity of the “transfer” of privately owned assets to a “state pension vehicle” known as ZUS, the controversial move is still fueling confusion and fierce criticism from analysts and economists. Some experts fear other governments may follow suit.

The private pension funds, many managed by prominent foreign firms, declared the scheme unconstitutional because private property was being seized without compensation. Some even suggested the private pension system may shut down entirely. While authorities have not yet confiscated equities from the private pensions — to which Polish workers have been obligated to contribute — officials defended the bond confiscations by arguing that they helped avoid even more radical options, such as seizing everything outright, including company stocks held by the funds.

Prime Minister Donald Tusk announced that future enrollees in the mandatory pension scheme would no longer be required to pay into the private element, known as OFE, of the hybrid government-private system. Analysts said that could result in even fewer resources held in the private funds, which currently hold assets worth about 20 percent of GDP and represent the largest investors in the Polish stock market.


READ MORE AT: http://www.thenewamerican.com/world-news...ion-assets

Hiding3

Go Ukrainian Army! Give it to the Russians!

https://www.youtube.com/watch?v=yuvGeMYmsug

[Image: pink.jpg]
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Ahriman nli
lop guest
User ID: 109158
09-12-2013 10:40 AM

 



Post: #8
SGT Report: Your Wealth To BE SEIZED:
They better grab it quick I got bills due.


Jptdknpa
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Chaos Pimp

User ID: 168535
09-12-2013 10:41 AM

Posts: 1,576



Post: #9
SGT Report: Your Wealth To BE SEIZED:
Polish Bail-In Changes Everything

doomed

Ingesting the daily pablum from the Corporate Media is inevitably a two-stage process.

First one reads the lines. Then one reads between the lines. When dealing with serial liars; it is always when one reads between-the-lines that “the news” gets interesting.

Case in point is the bail-in maneuver recently announced by the government of Poland, leading to the immediate question: when is a bail-in not a “bail-in”? The Polish government refused to characterize its taking control of financial assets as a bail-in when it defended this move. The Corporate Media (agents of the One Bank) refused to call it a bail-in in harshly criticizing the government’s actions.

We have the government of Poland refusing to call this act of financial piracy a “bail-in” (despite knowing precisely what it is doing) because it is expedient for it to do so. Conversely, we have the One Bank (via the Corporate Media) also refusing to call this maneuver a “bail-in” (despite understanding exactly what is taking place) because it is also expedient for it to do so. And so we see this pair engaged in this public display of “tap-dancing.”


READ MORE AT: http://wallstreetsectorselector.com/2013...verything/

doomed

Go Ukrainian Army! Give it to the Russians!

https://www.youtube.com/watch?v=yuvGeMYmsug

[Image: pink.jpg]
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Ahriman nli
lop guest
User ID: 109158
09-12-2013 10:41 AM

 



Post: #10
SGT Report: Your Wealth To BE SEIZED:
Actually they could give me a lobotomy.


That would work. Jptdknpa
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Chaos Pimp

User ID: 168535
09-12-2013 10:45 AM

Posts: 1,576



Post: #11
SGT Report: Your Wealth To BE SEIZED:
PensionsEurope warns of contagion after Polish raid

doomed

POLAND – Concerns over Poland's proposed changes to its privately funded second-pillar pension system has spread beyond its borders, according to Matti Leppälä, secretary general and chief executive at PensionsEurope.

Leppälä told IPE of his fears that other governments might follow suit and take over the assets of their second-pillar pensions to fix their short-term fiscal problems.

"The major concern is that, if Poland, as the biggest economy in the region, goes ahead with such drastic changes, it could have an impact in the long run on the future of privately funded workplace pensions," he said.

"Other governments might see this as a tempting option."

Many Central and Eastern European (CEE) countries adopted second-pillar pensions to address demographic challenges and, in the long term, reduce pressure on the publicly financed first pillar.

"Poland, even more than many other countries, was relying on these changes from a publicly funded system to a privately funded one," Leppälä said.

"The building up of funded pensions provision is one of the key elements of European pensions policy, which has been adopted for more than a decade, because we know the public [pay-as-you-go] system will not be adequate or sustainable, while purely private pensions savings are too costly and fail to cover enough of the population."

He was also highly critical of the government's proposal to remove the pension funds' Polish sovereign bond assets, effectively restricting them largely to equity investment.

---

READ MORE AT: http://www.ipe.com/guest/pensionseurope-..._56876.php

doomed

Google News is your friend: http://www.google.com/search?hl=en&gl=us...sh+pension

Go Ukrainian Army! Give it to the Russians!

https://www.youtube.com/watch?v=yuvGeMYmsug

[Image: pink.jpg]
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Chaos Pimp

User ID: 168535
09-12-2013 10:52 AM

Posts: 1,576



Post: #12
SGT Report: Your Wealth To BE SEIZED:
Polish Govt pension swoop warning for private savers

doomed

The Polish Government’s confiscation of private pension assets to improve public finances highlights the need for more safeguards across the EU against such raids, says Dr Ros Altmann.

Last week the Polish Government announced plans to confiscate more than half the assets held in the country’s private pension funds. It will transfer all the Polish Treasury bonds held by fourteen private sector pension fund managers to a state pensions vehicle. This will reduce reported national debt to 49.9 per cent of GDP, just below the crucial level which enables increased Government bond issuance.

Poland is restricted from issuing more debt once its debt-to-GDP ratio exceeds 50 per cent, so politicians see creative ways to manipulate debt levels down.

The bonds are being exchanged for pension liabilities in the state-run social security system.

By taking pension fund bond holdings into public ownership, the state- guaranteed pension liabilities will be shown in Government accounts as national assets, rather than liabilities.

Altmann says this is the eighth time pension assets have been taken by an EU government, potentially undermining faith in private saving.

READ MORE AT: http://www.moneymarketing.co.uk/channels...34.article

doomed

Go Ukrainian Army! Give it to the Russians!

https://www.youtube.com/watch?v=yuvGeMYmsug

[Image: pink.jpg]
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Chaos Pimp

User ID: 168535
09-12-2013 11:00 AM

Posts: 1,576



Post: #13
SGT Report: Your Wealth To BE SEIZED:
O.P., would you please change your thread title to something more appropriate?

Go Ukrainian Army! Give it to the Russians!

https://www.youtube.com/watch?v=yuvGeMYmsug

[Image: pink.jpg]
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The Lucky AC
Everything in life is luck
User ID: 888
09-12-2013 01:07 PM

 



Post: #14
SGT Report: Your Wealth To BE SEIZED:
Bump
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smallpeepee
Registered User
User ID: 189354
09-12-2013 01:08 PM

Posts: 1,196



Post: #15
SGT Report: Your Wealth To BE SEIZED:
I have wealth?
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