If you like your property, you can keep your property.
An article has been published at teaparty.org that reveals that Obama is plotting to force Americans, who have invested their money into retirement accounts, to forfeit their savings for government treasury bonds.A treasury bond is nothing less than an "extortion future". It is an acquired piece of paper that says that one will recoup the cost of the treasury bond, plus interest, at the expense of whatever unfortunate victims that government has taken money from.
You may be a scoundrel who thinks that an extortion future racket is an easy way to "insure" a stable "profit". However, by their very nature, government treasury bonds are very unstable.
First of all, they are immoral which means that whenever a rational government gets into power, all of your extortion futures will be defaulted on. They are also philosophically illegal, as instituting legalized theft through the incentive that the extortionists will profit at the expense of defenseless victims does not belong in a proper legal system.
Some investors may continue along--holding government treasury bonds--thinking that they will get away with skinning their fellow Americans because the racket may last a little longer. However, we, who are the moral investors, should self-righteously celebrate the day that you immoral players lose, not only the extortion "interest", but also the principal you put down to try to uphold the government's coercion.
Paul Wharton
Objectivist Capitalist Medicine Promoter
Special thanks to Eli Lilly & Co. (LLY) for being the fuel of my mind
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