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| Topic: Obama to propose new IRA plans | |
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He wants people to invest in T bonds (R bonds)! I guess China isn't lending anymore? So what? They have to devise a new plan.... stealing still more from the American people to keep up with their out of control spending habit?? Anyone thinking it wise to invest in a "corporation" (government) who is $17 TRILLION in debt definitely needs their head examined! 
http://blogs.marketwatch.com/encore/2014/01/28/report-obama-to-propose-new-ira-plans/ |
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I keep my money where its safe from thieves... under my mattress..Wait you didn't hear that ok...
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Bet your mattress is a single...
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Edited by
Sojourning_Soul
on
Wed 01/29/14 07:12 AM
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Govt has never been known to be any good at "saving" anything! They already spent the funds they were intrusted to "save" from SS and medicare bankrupting those systems, spend more than they take in on taxes and causing a need to raise in the debt limit every year, but now we are supposed to trust them with our retirements (that will never occur now for many) like many did the banks, wall street, and lending industry their policies created or allowed? Mind you, nobody has gone to jail over any of that mess yet, LIBOR, Benghazi, the housing bubble which stoled the wealth and assests of everyone creating this recession we are now STILL in, or IRS targeting either. Clapper lies to congress, Obozo lies to a nation, the Ice Queen caused the deaths of 4 Americans - one a US Ambassador, but Snowden is a traitor and deserves to be shot! 
Might as well give your money to Nigerian scammers! Oh wait! Obozo is already doing that for us (along with the Muslim Brotherhood, Al Qaeda, and his green energy bundlers)! One question...... If these institutions are "too big to fail/jail", have and control the wealth of a nation, and in many cases, nations, then why do they always seem to need bailed out? Inquiring minds want to know (funny, it seems those asking the questions are the ones being jailed/targeted.......)! |
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Bet your mattress is a single... I think he meant pillow...... 
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Govt has never been known to be any good at "saving" anything! They already spent the funds they were intrusted to "save" from SS and medicare bankrupting those systems, spend more than they take in on taxes causing a rise in the debt limit every year, but now we are supposed to trust them with our retirements (that will never occur now for many) like many did the banks and lending industry their policies created or allowed? Mind you, nobody has gone to jail over any of that mess yet, LIBOR, Benghazi, the housing bubble which stoled the wealth and assests of everyone creating this recession we are now STILL in, or IRS targeting either. Clapper lies to congress, Obozo lies to a nation, the Ice Queen caused the deaths of 4 Americans - one a US Ambassador, but Snowden is a traitor and deserves to be shot!
Might as well give your money to Nigerian scammers! Oh wait! Obozo is already doing that for us (along with the Muslim Brotherhood, Al Qaeda, and his green energy bundlers)! One question...... If these institutions are "too big to fail/jail, have and control the wealth of a nation, then why do they always seem to need bailed out? http://www.zerohedge.com/news/2014-01-26/no-there-no-stoppage-cash-transfers-china http://www.zerohedge.com/news/2014-01-28/russian-bank-halts-all-cash-withdrawals some interesting Shtuff,especially the Comments!
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Govt has never been known to be any good at "saving" anything! They already spent the funds they were intrusted to "save" from SS and medicare bankrupting those systems, spend more than they take in on taxes causing a rise in the debt limit every year, but now we are supposed to trust them with our retirements (that will never occur now for many) like many did the banks and lending industry their policies created or allowed? Mind you, nobody has gone to jail over any of that mess yet, LIBOR, Benghazi, the housing bubble which stoled the wealth and assests of everyone creating this recession we are now STILL in, or IRS targeting either. Clapper lies to congress, Obozo lies to a nation, the Ice Queen caused the deaths of 4 Americans - one a US Ambassador, but Snowden is a traitor and deserves to be shot!
Might as well give your money to Nigerian scammers! Oh wait! Obozo is already doing that for us (along with the Muslim Brotherhood, Al Qaeda, and his green energy bundlers)! One question...... If these institutions are "too big to fail/jail, have and control the wealth of a nation, then why do they always seem to need bailed out? http://www.zerohedge.com/news/2014-01-26/no-there-no-stoppage-cash-transfers-china http://www.zerohedge.com/news/2014-01-28/russian-bank-halts-all-cash-withdrawals some interesting Shtuff,especially the Comments!
Comex is predicted to default as well on its "deliveries" for the first time in history as well (if you've been following that)! |
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He wants people to invest in T bonds (R bonds)! I guess China isn't lending anymore? So what? They have to devise a new plan.... stealing still more from the American people to keep up with their out of control spending habit?? Anyone thinking it wise to invest in a "corporation" (government) who is $17 TRILLION in debt definitely needs their head examined!
http://blogs.marketwatch.com/encore/2014/01/28/report-obama-to-propose-new-ira-plans/ http://www.zerohedge.com/news/2014-01-28/obama-unveil-treasury-ira-plans-or-planning-post-monetization-world another gigantic Wealthgrab in the making! |
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Edited by
Sojourning_Soul
on
Wed 01/29/14 07:32 AM
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He wants people to invest in T bonds (R bonds)! I guess China isn't lending anymore? So what? They have to devise a new plan.... stealing still more from the American people to keep up with their out of control spending habit?? Anyone thinking it wise to invest in a "corporation" (government) who is $17 TRILLION in debt definitely needs their head examined!
http://blogs.marketwatch.com/encore/2014/01/28/report-obama-to-propose-new-ira-plans/ http://www.zerohedge.com/news/2014-01-28/obama-unveil-treasury-ira-plans-or-planning-post-monetization-world another gigantic Wealthgrab in the making! It's nothing more than a recall to a failed or unsafe product..... in this case, worthless fiat paper currency! |
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More people saving money is a good thing.
I would rather see people invest their money into their local banks. The money invested, theoretically, would be more likely to help their own communities instead of being used for worthless federal projects and programs that will just piss it away.. |
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Edited by
Sojourning_Soul
on
Wed 01/29/14 09:04 AM
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More people saving money is a good thing. I would rather see people invest their money into their local banks. The money invested, theoretically, would be more likely to help their own communities instead of being used for worthless federal projects and programs that will just piss it away.. The big question would be "what savings"? They stoled those in '08! Policy now dictates that all jobs are only "part time" due in part to yet more failed policy (obozocare), so there are no "savings" to consider. When your dollar depreciates more monthly by the FEDs QE program, and has lost 98% of its value since the FED was enacted in 1913 to "protect against inflation", saving is a useless proposition since a dollar is worth less tomorrow than it is today! Banks make money on interest rates by loaning your "savings" to others for profit, but you make nothing in interest by allowing them to profit from it! The idea of "saving" your money by putting it in a bank is a bad joke on the American people! |
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you know that out government has failed when you see who is in the White House
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Edited by
Sojourning_Soul
on
Wed 01/29/14 09:07 AM
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you know that out government has failed when you see who is in the White House .
Correction! Not "who" is in the WH, but the policy they put forth! |
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Edited by
Conrad_73
on
Wed 01/29/14 09:10 AM
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He wants people to invest in T bonds (R bonds)! I guess China isn't lending anymore? So what? They have to devise a new plan.... stealing still more from the American people to keep up with their out of control spending habit?? Anyone thinking it wise to invest in a "corporation" (government) who is $17 TRILLION in debt definitely needs their head examined!
http://blogs.marketwatch.com/encore/2014/01/28/report-obama-to-propose-new-ira-plans/ http://www.zerohedge.com/news/2014-01-28/obama-unveil-treasury-ira-plans-or-planning-post-monetization-world another gigantic Wealthgrab in the making! It's nothing more than a recall to a failed or unsafe product..... in this case, worthless fiat paper currency! you mean,giving more paper for the People's Assets? Those People worked hard for the worthless Paper they were given,and then expected to work even harder for even less value! So,actually the People worked for free for the privilege to keep a System in place that consistently robs them,and tells them that this is the proper way of life! |
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More people saving money is a good thing. I would rather see people invest their money into their local banks. The money invested, theoretically, would be more likely to help their own communities instead of being used for worthless federal projects and programs that will just piss it away.. The big question would be "what savings"? They stoled those in '08! Policy now dictates that all jobs are only "part time" due in part to yet more failed policy (obozocare), so there are no "savings" to consider. When your dollar depreciates more monthly by the FEDs QE program, and has lost 98% of its value since the FED was enacted in 1913 to "protect against inflation", saving is a useless proposition since a dollar is worth less tomorrow than it is today! Banks make money on interest rates by loaning your "savings" to others for profit, but you make nothing in interest by allowing them to profit from it! I agree with what you are saying.. The point I am making is that if that bank loans your money to start a locally owned small business that is more beneficial than giving it to the federal government. |
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Edited by
Sojourning_Soul
on
Wed 01/29/14 09:13 AM
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He wants people to invest in T bonds (R bonds)! I guess China isn't lending anymore? So what? They have to devise a new plan.... stealing still more from the American people to keep up with their out of control spending habit?? Anyone thinking it wise to invest in a "corporation" (government) who is $17 TRILLION in debt definitely needs their head examined!
http://blogs.marketwatch.com/encore/2014/01/28/report-obama-to-propose-new-ira-plans/ http://www.zerohedge.com/news/2014-01-28/obama-unveil-treasury-ira-plans-or-planning-post-monetization-world another gigantic Wealthgrab in the making! It's nothing more than a recall to a failed or unsafe product..... in this case, worthless fiat paper currency! you mean,giving more paper for the People's Assets? Those People worked hard for the worthless Paper they were given,and then expected to work even harder for even less value! Money should come in rolls for all the value it holds these days 
Banks are nothing more than the bathrooms of policy Speaking of which...... I need to make a deposit
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