Peter G. Peterson Foundation $1 billion endowment goal to educate about national debt

[Howard_Roark]

Just stumbled upon this, http://www.pgpf.org/ apparently it has a $1 billion dollar endowment given entirely by Peter G. Peterson, a founder of Blackstone and its goal is to educate Americans about the rising national debt.

Citizen's Guide 2009
Click here to download the PDF (http://www.pgpf.org/resources/PGPF_CitizensGuide_2009.pdf)

[FrankRep]

Obama Executive Order Moves Mandatory Savings Account Scheme Forward (http://www.ronpaulforums.com/showthread.php?t=233929&highlight=Peter+Peterson)


Jim Capo | John Birch Society (http://www.jbs.org/)
23 February 2010


Peter Peterson is connected to this scheme. Better read up on him. Click here. (http://www.ronpaulforums.com/showthread.php?t=233929&highlight=Peter+Peterson)

[RedStripe]

Obama Executive Order Moves Mandatory Savings Account Scheme Forward (http://www.ronpaulforums.com/showthread.php?t=233929&highlight=Peter+Peterson)


Jim Capo | John Birch Society (http://www.jbs.org/)
23 February 2010


Peter Peterson is connected to this scheme. Better read up on him. Click here. (http://www.ronpaulforums.com/showthread.php?t=233929&highlight=Peter+Peterson)

Jim Capo deserves a lot of credit for digging this up. Great read.

[Howard_Roark]

So basically he wants to privatize social security? What is wrong with that?

[Krugerrand]

So basically he wants to privatize social security? What is wrong with that?
http://www.jbs.org/blog/obama-executive-order-moves-mandatory-savings-account-scheme-forward.html

It's coerced purchase of Treasury Bonds. If we can't get the Chinese to buy them, maybe we can force our own citizens to buy them.


Using the Peterson FSP scheme as a guide, we should expect then that among the many austerity measures to be initiated by this legislation will likely be a program that, under the guise of funding a retirement savings account, a percentage of every American worker's paycheck will be siphoned off into the control of Mr. Peterson and his fellow banking syndicate cronies. It is also likely that a significant portion of this mandatory retirement savings money will be earmarked for purchasing the ultimate supposed safe haven investment: U.S. Treasuries. That is, as the smart money begins to bail en masse from Treasury auctions, plans are already in the works to have Americans to buy their own toxic debt.

Americans will thus be forced into a new scheme under which they will be required to hold IOU's from the federal government. Mandatory savings accounts will be used as both a stealth social security tax increase and a guaranteed income stream for the likes of Goldman Sachs, Merrill Lynch and Morgan Stanley and of course Mr. Peterson's Blackstone Group.

[DapperDan]

So basically he wants to privatize social security? What is wrong with that?

Mandatory aka coerced savings done by the government? No thanks.

[randomname]

Here's some former Fed officials doing some truth telling at the Peter Person Foundation annual meeting:

http://www.zerohedge.com/news/2015-06-03/why-did-these-former-fed-members-admit-mathematically-logically-reality-its-over