This happened in Argentina in 2008. For nations over their head in debt your pension money and savings that's for sure "a resource to be tapped" as well. Dont'l let the fact these are your own personal savings make any difference. That is when the bond markes don't work and when it's obviouse QE has gone on to absurity we'll then your own savings and pensions is what the banksters will claim as theirs as well:
Argentina seizes pension funds to pay debts. Who's next?
Here is a warning to us all. The Argentine state is taking control of the country’s privately-managed pension funds in a drastic move to raise cash.
It is a foretaste of what may happen across the world as governments discover that tax revenue, and discover that the bond markets are unwilling to plug the gap. The G7states are already acquiring an unhealthy taste for the arbitrary seizure of private property, I notice.
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/5504137/Argentina_seizes_pension_funds_to_pay_debts_Whos_next/
George Carlin put it more elegantely:
"they are coming for your pension money so that they can give it to their criminal friends on Wall-Street"
http://www.youtube.com/watch?v=hYIC0eZYEtI
Keep an eye on your savings – you can be sure the State is
http://www.davidmcwilliams.ie/2011/03/09/keep-an-eye-on-your-savings-you-can-be-sure-the-state-is
"What is clear is that in order to maintan at least som degree of rule of law and democracy not only does acts like e.g. the Glass-Steagall act separating savings banks from investment banks be reimplemented we need a fucking concret wall separating the financial markets and the banks from tax payers and future generations money by law!"
http://intheendwerealldebt.blogspot.com/2011/03/david-malone-on-keiser-report.html
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