Beware: The Plot to Socialize Your Retirement Has Already Begun

The federal government and Wall Street are at it again, scratching each other’s backs at your expense…
They did it in 1999, when the government repealed Glass-Steagall – and opened the door leading to the Financial Crisis.
They did it in September 2008, when the Treasury Department loaned Wall Street banks $700 billion of U. S. taxpayer money to bail them out from their own misdeeds, many of which stemmed from repealing Glass-Steagall.

And now these two institutions are pushing to socialize your retirement savings accounts…

This post was published at Examiner by Money Morning Staff Reports ‘ November 22, 2016.

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