Obama To Unveil Treasury IRAs, Or Planning For A Post-Monetization World

Wondering who will take over the mantle of Treasury bond buyer now that the Fed is stepping away? Curious of the government's next steps towards repression and control of wealth? Wait no longer. As the AP reports, President Obama will unveil a new retirement savings plan tonight that allows first-time savers to buy US Treasury bonds tax-deferred for retirement. Of course, this is not the mandatory IRA that remains somewhat inevitable (as the muddle-through fails) but is certainly a step in the direction we alerted readers to a year ago by which the government generously offers to help manage your retirement savings. Two words spring to mind... remember Poland.

Via AP,

Eager not to be limited by legislative gridlock, Obama is also expected to announce executive actions on job training, retirement security and help for the long-term unemployed in finding work.

Among those actions is a new retirement savings plan geared toward workers whose employers don't currently offer such plans.

The program would allow first-time savers to start building up savings in Treasury bonds that eventually could be converted into a traditional IRAs, according to two people who have discussed the proposal with the administration. Those people weren't authorized to discuss it ahead of the announcement and insisted on anonymity.

Of course, this is not what the CFPB suggested a year ago... We're sure the government is just trying to protect your retirement account from terrorists. From Bloomberg:

The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.

That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” bureau director Richard Cordray said in an interview. He didn’t provide additional details.

The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPB’s deliberations who asked not to be named because the matter is still under discussion.

But it's getting close.

Though Poland remains the strawman...

Source: Zerohedge

Dead Sea Life Covers 98% of Ocean Floor After Fukushima

Sea life in the Pacific Ocean is dying off at an alarming rate, and the peak of all this death and destruction coincides with a certain nuclear disaster that ironically occurred on the Pacific coast of Japan. Still, scientists analyzing what’s referred to as “sea snot” point their finger at global warming, refusing to even mention the radiation from Fukushima. Normally, this snot covers about 1% of the floor. Now, it seems to be covering about 98% of it.

According to the study published in the Proceedings of the National Academy of Sciences, life at the sea floor 145 miles out from the California coast has been analyzed for a total of 24 years now. There, the researchers measure the amount of ‘sea snot’ on the ocean floor. Sea snot is the highly technical term they use to describe dead sea life including fish, plankton, feces, and other organic oceanic matter. As mentioned, this snot covers about 1% of the floor, but now it seems to be covering about 98% of it.

“In the 24 years of this study, the past two years have been the biggest amounts of this detritus by far,” said marine biologist Christine Huffard, who works at the research station off of California. Multiple other stations throughout the Pacific have seen similarly alarming increases.

Throughout the study and the National Geographic coverage of it, climate change is blamed. Never mind the fact that the astronomical increase in sea snot occurred in conjunction with the Fukushima nuclear disaster—they don’t even bother to mention that.

The Fukushima Daiichi nuclear disaster occurred when an earthquake and subsequent tsunami hit the area on March 11, 2011. To this day, the amount of damage is unclear as the Japanese government along with TEPCO (the power company that owns the nuclear power plant) seem to be content to hide the truth.

Measurements taken in March 2012 show sea snot levels to be at about 1%. Just a few months later, they had grown to 98%.

After 24 years of measuring the dead sea life and recognizing that global warming is a slow-moving and ongoing effect, the scientists would have us believe the “explosion” of sea snot that occurred in just a few months’ time was a normal effect of climate change. Yeah, right.

The sheer fact that the effects of Fukushima were not even considered make the study and its findings all the more suspicious. One would think if climate change could dramatically change the volume of sea snot in a few short months, it would have had other similarly troubling effects on other aspects of the environment during the same period—effects we would notice. But it didn’t. Fukushima did.

Source: Global Research Report

New Snowden Interview (Full Video)