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Government Prepares To Seize Private Pensions

Massive wealth confiscation program would replace 401(k) system with Social Security-run ponzi scheme

Paul Joseph Watson Tuesday, October 12, 2010

The government is preparing to seize the private 401(k) pensions of millions of Americans while enforcing an additional 5 per cent payroll tax as part of a new bailout program that will empower the Social Security Administration to redistribute pension funds in a frightening example of big government gone wild.

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