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Uncle Sam Wants To Steal Your 401K
According to Business Week, the US govt. wants your 401K. It seems the govt. doesn’t have enough of YOUR money. They want more. The U.S. Treasury and Labor Departments may begin next week asking Americans how the U.S. govt. should take control of 401k’s.

Want a big federal Government? Have TOO much money? Love taxes? Wish you could pay more? Well now you can via the pay.gov website. The wonderful bureaucrats over at the treasury department are allowing anyone to voluntarily contribute more of their money to help pay for public debt. Now you and all the other blind nationalist sheep can go on bah bah-ing with each other knowing you did all you could to help YOUR government!

Congressman Ron Paul has continued to run his Congressional office in a frugal manner, and was able to return more than $100,000 from his allotted office budget to the Treasury this year, an increase over the $90,000 returned last year.

As posted earlier, New Hampshire State Representative Mark Warden is accepting campaign contributions in Bitcoin. His campaign's treasurer recently met with the New Hampshire Deputy Secretary of State regarding the Bitcoin contributions. After examining the information, the Deputy Secretary of State said that he did not see anything wrong with the contributions, nor the way they were handled, and that he would take no action.

Assistant Energy Secretary Cathy Zoi said Thursday that the U.S. Department of Energy has a “mandate” to issue regulations to determine what household appliances are available to Americans in the future... The Obama administration intends to use to advance the “deployment of clean energy.” thru 4 "tactics": The first three include government subsidies for private-sector green energy projects; “The fourth one, which the secretary and I love,” said Zoi, “is where we have a mandate. Where we can actually just issue regulations and do market transformation.”

In testimony to Congress Wednesday, US Education Secretary Arne Duncan made a startling claim: This year, up to 82 percent of public schools could "fail" the government's "No Child Left Behind" standards.

"No Child Left Behind is broken and we need to fix it now," he said, according to a transcript provided by the Department of Education.

Federal Reserve officials are considering a new type of quantitative easing that will allegedly attempt to boost the economy without accelerating inflation. Under the new approach, the Fed would print new money to buy long-term mortgage or Treasury bonds but effectively tie up that money by borrowing it back for short periods at low rates. And if you believe that will work, I've got a bridge to nowhere I think you'll be very interested in purchasing...

President Franklin D. Roosevelt, the patron saint of the American labor movement, was a man of strong character. One has to look no further than the heroic way he coped with his crippling polio. For example, although he had a lock on labor's vote, he expressed caution about public sector unions. Here is a little-known letter he wrote to the president of the National Federation of Federal Employees in 1937.

The Peoples Bank of China has announced that it will no longer fix its currency in terms of the dollar. Instead it will manage the yuan against a basket of currencies.