Tag Archives: Seize

News

Socialist European countries seizing individual retirement accounts

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ECM sent me this terrifying story.

Excerpt:

People’s retirement savings are a convenient source of revenue for governments that don’t want to reduce spending or make privatizations. As most pension schemes in Europe are organised by the state, European ministers of finance have a facilitated access to the savings accumulated there, and it is only logical that they try to get a hold of this money for their own ends. In recent weeks I have noted five such attempts: Three situations concern private personal savings; two others refer to national funds.

The most striking example is Hungary, where last month the government made the citizens an offer they could not refuse. They could either remit their individual retirement savings to the state, or lose the right to the basic state pension (but still have an obligation to pay contributions for it). In this extortionate way, the government wants to gain control over $14bn of individual retirement savings.

The Bulgarian government has come up with a similar idea. $300m of private early retirement savings was supposed to be transferred to the state pension scheme. The government gave way after trade unions protested and finally only about 20% of the original plans were implemented.

The article describes 3 other countries that are grabbing more individual retirement contributions.

This is exactly where the Democrats would take us.

News

Environmentalists support restrictions on number of children per family

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Here’s the first story from CNS News. (H/T American Spectator via ECM)

Here’s New York Times reporter Andrew Revkin.

Excerpt:

At the event, Revkin said: “Well, some of the people have recently proposed: Well, should there be carbon credits for a family planning program in Africa let’s say? Should that be monetized as a part of something that, you know, if you, if you can measurably somehow divert fertility rate, say toward an accelerating decline in a place with a high fertility rate, shouldn’t there be a carbon value to that?

“And I have even proposed recently, I can’t remember if it’s in the blog, but just think about this: Should–probably the single-most concrete and substantive thing an American, young American, could do to lower our carbon footprint is not turning off the lights or driving a Prius, it’s having fewer kids, having fewer children,” said Revkin.

“So should there be, eventually you get, should you get credit–If we’re going to become carbon-centric–for having a one-child family when you could have had two or three,” said Revkin. “And obviously it’s just a thought experiment, but it raises some interesting questions about all this.”

And here’s the second story from the UK Guardian. (H/T National Review via ECM)

And here’s the UK Guardian’s reporter Alex Renton.

Excerpt:

The worst thing that you or I can do for the planet is to have children. If they behave as the average person in the rich world does now, they will emit some 11 tonnes of CO² every year of their lives. In their turn, they are likely to have more carbon-emitting children who will make an even bigger mess…

In 2050, 95% of the extra population will be poor and the poorer you are, the less carbon you emit. By today’s standards, a cull of Australians or Americans would be at least 60 times as productive as one of Bangladeshis… As Rachel Baird, who works on climate change for Christian Aid, says: “Often in the countries where the birth rate is highest, emissions are so low that they are not even measurable. Look at Burkina Faso.” So why ask them to pay in unborn children for our profligacy..?

But how do you reduce population in countries where women’s rights are already achieved and birth-control methods are freely available? Could children perhaps become part of an adult’s personal carbon allowance? Could you offer rewards: have one child only and you may fly to Florida once a year?

After all, based on current emissions and life expectancy, one less British child would permit some 30 women in sub-Saharan Africa to have a baby and still leave the planet a cleaner place.

A lot of people ask why I am so concerned about getting married in a nation in which 77% of young, unmarried women voted for Obama and his radically leftist science czar and radically leftist former green jobs czar. (The science czar favored mass sterilizations and forced abortions). And now we can see part of the answer: the left wants to interfere with my reproductive freedom using state coercion.

And it’s not just environmental reporters who are against people having children. It’s Obama’s own nominees. These fears of overpopulation are like “Left Behind” novels for the secular left. The failed doomsday predictions of Paul Ehrlich are identical to the failed doomsday predictions of Jehovah’s Witnesses. There is something very strange about these people – and women should not have voted for them.

Recall that Social Security and other government programs are fueled by income taxes on younger workers. Except that the overpopulation nutters aborted the next generation of American workers. Ooops. So where are we supposed to get the money for these ballooning social programs from if the left keeps putting restrictions on pregnancy? Here’s my previous post about Britain’s looming demographics crisis.