Sunday, January 12, 2014

How safe are your savings?

The idea of seizing a portion of people's private savings remains on the table for cash-strapped countries.

For those not keeping track, the current U.S. government debt is estimated at around $17.3 trillion. And it's going higher every second.

1 comment:

  1. They have done that in Greece and Cyprus, I wonder how long before Obama regime does that here in the name of social justice because poor people havn't been able to save any money. Social security needs the influx of cash to shore it up in the name of fairness. I have a 401K and I do have fear that it will be seized. Rule of law don't mean much to the obama regime.