Search On This Site

Custom Search


It only takes a few moments to share an article, but the person on the other end who reads it might have his life changed forever
Subscribe via RSS



Contact Information: 
Submit: articles [ at ] investmentwatchblog [dot] com 
Advertising: ads [ at ] investmentwatchblog [dot] com 
General: admin [ at ] investmentwatchblog [dot] com

Ron Paul & Jim Rogers On Government: “There’s More Chaos To Come. They Won’t Take Our Bank Accounts…They Will Take Our Retirement Accounts… More Taxes, More Debt, More Printing, More Confiscation, Less Freedom”


Ron Paul and Jim Rogers spoke at the Sovereign Man: Offshore Tactics Workshop in Santiago, Chile, on March 30 – April 1, 2013.

 

These are clear warnings signs that a rational person simply cannot ignore.

Bottom line, Nations are going bust. And the worse things get, the more desperate their tactics become. This isn’t the first time that the world has been in this position. This time is not different. History shows that there are serious, serious consequences to running unsustainably high debts and deficits. And those consequences have almost invariably involved pillaging people’s wealth, savings, livelihoods and liberties… either directly or indirectly.

What’s happening right now is playing out in textbook fashion. More taxes, more debt, more printing, more confiscation, less freedom. I’m not talking about the end of the world here, I’m talking about difficult times ahead, and the things that go beyond economics. It’s time to face facts and look at how society will change (and has already changed).

Many people will resist the change and instead cling desperately to the old system – the cycle of debt and consumption that provided jobs, stability, and prosperity. These people will have their lives turned upside down because that system is gone forever. And in case it still weren’t obvious, here is three minutes of clarity from Ron Paul and Jim Rogers…“I would expect that there is going to be a lot more chaos still to come.” – Ron Paul; “They won’t take our bank accounts…they will take our retirement accounts.” – Jim Rogers

http://www.zerohedge.com/news/2013-05-02/ron-paul-jim-rogers-government-theyll-use-force-and-intimidation

“They won’t take our bank accounts…they will take our retirement accounts.” – Jim Rogers

As I’ve mentioned time and time again, nations are going bust. And the worse things get, the more desperate their tactics become.

This isn’t the first time that the world has been in this position. This time is not different.

History shows that there are serious, serious consequences to running unsustainably high debts and deficits. And those consequences have almost invariably involved pillaging people’s wealth, savings, livelihoods and liberties… either directly or indirectly.

What’s happening right now is playing out in textbook fashion. More taxes, more debt, more printing, more confiscation, less freedom.

I’m not talking about the end of the world here, I’m talking about difficult times ahead, and the things that go beyond economics. It’s time to face facts and look at how society will change (and has already changed).

http://www.sovereignman.com/ron-paul-jim-rogers-on-the-government-theyll-use-force-and-theyll-use-intimidation/

America’s Savings Crisis: Your Spending Habits May Be to Blame

….The U.S. government also plays a big role in encouraging America’s spending frenzy, sometimes in not so subtle ways. In December 2006, President George W. Bush said that the best thing Americans could do for the country was “to go shopping.”

Many economists and fund industry experts say that unless Americans change their spending habits and learn how to save, we will soon be facing a full blown retirement crisis and it may be turn out to be a deeper and more harrowing experience than many have already envisioned.

(Read MoreHow Much Hidden Fund Fees Cost You)

“Americans just don’t save much,” said ICI conference panelist Sheldon Garon, a Princeton University history professor and author of Beyond Our Means: Why America Spends While the World Saves. “Even after the financial crisis hit, in 2008, there was a little bit of a spike in the savings rate, from 5 percent to 5.5 percent, but most households have not fundamentally changed their behavior.”

http://www.cnbc.com/id/100700580

 

85 Total Views 1 Views Today
Did you already share this? No? Share it now:
  • LL15

    Yet no one is willing to blame Obama. Wonder why?

    • Jason Calley

      Maybe for the same reason that when a pickup truck crashes into a tree, no one is willing to blame the front bumper. Obama is just the visible front bumper of the problem. He is a stooge, a puppet — just like “W” was before him. The question should be, “Who is driving?” The bigger questions is, “How do we get him (or them) out from behind the wheel?”

    • http://www.facebook.com/Dr.Dakkak Karim Dakkak

      money is the root of all Politics

      • http://www.facebook.com/profile.php?id=723602397 René Martin

        so who is(are) the master(s) ?