John Loeffler’s Radio Show
Wednesday, March 3, 2010Posted in category Uncategorized
I am going to be interviewed by John Loeffler tomorrow evening for his Steel-on-Steel radio show, an established weekly news and interview program airing in the U.S. and Canada on the IRN, USA. and Family Radio Networks, which deals with cutting edge stuff, including political and religious topics. I’ll be talking about the potential for 401k confiscation on the part of the U.S. government. I think it will air on Saturday, March 6th, and I’ll update that if I hear anything further. I get so many of these radio interview requests, however, I cannot do most of them due to time constraints. Unfortunately, most of them look for daytime interviews, which have become very difficult for me to do.
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Jeannie Queenie says:
March 4th, 2010 at 12:47 am
Karen, I would so love to hear you speak on this. If it isn’t bad enough that they are eyeballing 401k’s, yesterday I received one of my newsletters regarding the potential of also taking people’s gold as well. “The U.S. Government still has the authority to prohibit the private possession of gold and silver coins and bullion by U.S. citizens during wartime and declared emergencies.
The U.S. Patriot Act of 2006, Section 352 Anti-money laundering and terrorism, states; “Anything that derives 50% or more of it’s value from it’s metal content is reportable.”
In today’s world of big government spending, could the Federal Government resort to confiscating gold from citizens to pay their debts?
Remember it happened less than 100 years ago.
President Roosevelt used the Emergency Banking Act of 1933 to force the public confiscation of gold bullion at $20.67/oz. He then immediately reset the price at $35/oz., causing a 75% loss to gold owners!
Right now Obama and his administration need a new way to finance the huge budget deficit. Their latest proposal is to take control of the retirement accounts of the American public. The Treasury has gone so far as to state they’d have no problem confiscating gold again.”
And then this…”March 1, 2010: Obama kisses U.S. privacy goodbye: “President Obama signed a one-year extension of the Patriot Act which expands the government’s ability to monitor Americans in the name of national security”. To read
the rest of this story go here. I hope you can access this url. If not, please let me know.
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