Read the story here. Advertise at Before It's News here.
Profile image
By Moonbattery (Reporter)
Contributor profile | More stories
Story Views
Last hour:
Last 24 hours:

Jesse Jackson Calls for Looting Pension Funds

% of readers think this story is Fact. Add your two cents.

As Margaret Thatcher observed, sooner or later socialists run out of other people’s money. But the looting won’t stop until they have stolen your last penny. Did you expect to have a secure retirement after working your whole life? Sucker:

At a three-day conference in New York that began on Wednesday, [Jesse] Jackson discussed a proposal for increasing the availability of capital by using pension money to make loans in low-income communities. The idea is getting a prominent debut at the 16th annual Wall Street Project Economic Summit, hosted by Mr. Jackson’s Rainbow PUSH Coalition and the Citizenship Education Fund.

He isn’t just shouting this Marxist lunacy through a bullhorn at some ghetto street corner.

The conference features some big names, with a keynote speech from former President Bill Clinton.

Despite or rather because of his appalling irresponsibility and conspicuous lack of morals and character, Clinton is a demigod among Democrats.

Fundamentally, Mr. Jackson’s proposal is about leveling the playing field.

That is, it is about imposing egalitarianism by reducing everyone to the economic level of Jackson’s welfare-bred supporters.

Most who don’t rely on the socialist media for information are aware that the 2008 crisis and subsequent continuing economic decline were set off by federally coerced loans to these very “low-income communities.” Such loans are not even intended to be paid back, as New York Governor Andrew Cuomo confirmed as he was helping to set the collapse in motion as HUD secretary.

In plain terms, Jackson is advocating a smash and grab theft of pension money. His criminal ilk controls the government and is likely to loot America to the point of total collapse.

Thieving lowlifes are running the show.

On a tip from Byron.

2013-01-31 11:00:43



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Humic & Fulvic Liquid Trace Mineral Complex

HerbAnomic’s Humic and Fulvic Liquid Trace Mineral Complex is a revolutionary New Humic and Fulvic Acid Complex designed to support your body at the cellular level. Our product has been thoroughly tested by an ISO/IEC Certified Lab for toxins and Heavy metals as well as for trace mineral content. We KNOW we have NO lead, arsenic, mercury, aluminum etc. in our Formula. This Humic & Fulvic Liquid Trace Mineral complex has high trace levels of naturally occurring Humic and Fulvic Acids as well as high trace levels of Zinc, Iron, Magnesium, Molybdenum, Potassium and more. There is a wide range of up to 70 trace minerals which occur naturally in our Complex at varying levels. We Choose to list the 8 substances which occur in higher trace levels on our supplement panel. We don’t claim a high number of minerals as other Humic and Fulvic Supplements do and leave you to guess which elements you’ll be getting. Order Your Humic Fulvic for Your Family by Clicking on this Link , or the Banner Below.

Our Formula is an exceptional value compared to other Humic Fulvic Minerals because...


It Always Tests at 9.5+ pH

Preservative and Chemical Free

Allergen Free

Comes From a Pure, Unpolluted, Organic Source

Is an Excellent Source for Trace Minerals

Is From Whole, Prehisoric Plant Based Origin Material With Ionic Minerals and Constituents

Highly Conductive/Full of Extra Electrons

Is a Full Spectrum Complex

Our Humic and Fulvic Liquid Trace Mineral Complex has Minerals, Amino Acids, Poly Electrolytes, Phytochemicals, Polyphenols, Bioflavonoids and Trace Vitamins included with the Humic and Fulvic Acid. Our Source material is high in these constituents, where other manufacturers use inferior materials.

Try Our Humic and Fulvic Liquid Trace Mineral Complex today. Order Yours Today by Following This Link.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Total 5 comments
    • Old Harry

      This article is to really warn you the government is considering ‘taking’ your 401 accounts and making them a part of the Social Security program, of which; would solve their 16 trillion dollar debt problem. Just be aware because when it does happen you will be told your money is secure. The USA government is corrupt because those who run it are corrupt and if you are smart you would de-solve your 401 and secure it with your control – such as a foreign account, or gold. Anyway, thanks for the warning.

    • ElOregonian

      The “Rev.” Jesse Jackson asking this corrupt gov’t to STEAL your 401K is like having the ‘good’ “Reverend” suggest that Extra-marital affairs are beneficial to your wife because it saves her ‘wear and tear’ and provides her more personal time to accomplish other tasks…

      That poor excuse for a reverend/husband needs to spend more time raising his illegitimate children and less time suggesting to our criminal gov’t that they need to confiscate private pension funds and supplying worthless T-Bills as a replacement…

      Him, and that phoney “Rev.” Al Sharpton, Both need to have a “come to Jesus” moment in order to see where they’ve deceived not only others but also themselves…

    • Gabe

      He is a worthless slimeball

    • USMAMule

      a proposal for increasing the availability of capital by using pension money to make loans in low-income communities.”

      1) LOANS. Loans are not “looting.” 2) Your 401(k) money is ALREADY being used for loans. That is how banks work. Well it is, at least since Glass-Steagall was repealed.

      I bet you idiots think the money in your savings account is in a nice neat little pile in a safe with your name on it too.



    • USMAMule

      Oh and By the way where is your outrage that the corporations that control you 401(k) money have been deciding, unilaterally to dissolve the funds and use them for operations? Pension? “No Mr. Middle Class we need to use this money for executive bonuses.”

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.