1 posted on
01/28/2014 8:12:10 PM PST by
Rusty0604
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To: blam
To: Rusty0604
Investing in something with no risk. Wow, that’ll bring some solid yields.
3 posted on
01/28/2014 8:14:15 PM PST by
DesertRhino
(I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
To: Rusty0604
Thats why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savingsBush tried this, it was a "risky scheme, SCHEME!!!!!" The Democarats howled at the idea. I guess Obama's is better, it keeps the government in control of the funds, ya sucka's..
4 posted on
01/28/2014 8:16:37 PM PST by
Ghost of SVR4
(So many are so hopelessly dependent on the government that they will fight to protect it.)
To: Rusty0604
This sounds worse than Cash 4 Clunkers!
8 posted on
01/28/2014 8:20:19 PM PST by
Viennacon
To: Rusty0604
You can already invest in series I savings bonds which defer income taxes up to 30 years and pay at least the inflation rate. And currently they pay a better rate than inflation rate based Treasury Bonds.
11 posted on
01/28/2014 8:21:57 PM PST by
KarlInOhio
(Republican amnesty supporters don't care whether their own homes are called mansions or haciendas.)
To: Rusty0604
A guaranteed rate of return?
Such as what?
Current interest returns are as small as 0.01%. I happen to have an older annuity that is currently returning 4.75% — which is massive in the current low interest period. About 15 years ago, 8% was considered a low-moderate saving rate.
==
This bond sounds like more feel-good-ism that sounds good and looks good on paper, but in reality may not be.
13 posted on
01/28/2014 8:24:21 PM PST by
TomGuy
To: Rusty0604
Will they let you put your Social Security here instead of the Ponzi scheme it’s in now?
14 posted on
01/28/2014 8:24:27 PM PST by
Lurkina.n.Learnin
(This is not just stupid, we're talking Democrat stupid here.)
To: Rusty0604; Texas Fossil
Myra, - - - Myra - - - . There is a Country song in there somewhere - - - .
16 posted on
01/28/2014 8:25:22 PM PST by
Graewoulf
(Democrats' Obamacare Socialist Health Insur. Tax violates U.S. Constitution AND Anti-Trust Law.)
To: Rusty0604
well..there it goes; all ira/401accounts, 0'B@$t@$d is going to destroy any
tax advantage of these accounts..the IRS (brownshirts) shall be given that duty.
17 posted on
01/28/2014 8:25:33 PM PST by
skinkinthegrass
(The end move in politics is always to pick up a gun..0'Caligula / 0'Reid / 0'Pelosi)
To: Rusty0604
Lending money to the U.S. government. Maybe I am wrong, but it seems to me to be a huge red flag when a borrower browbeats a credit rating agency not to lower its rating on the borrower’s debt. But what do I know?
18 posted on
01/28/2014 8:25:59 PM PST by
fhayek
To: Rusty0604
He gets billions of dollars printed so he has got lots of walking around money for his pals.
He screws around with our health insurance to make it more expensive for everyone.
Then he thinks he can make it all nice by passing out some worthless saving bonds.
What the hell is wrong with this picture?
19 posted on
01/28/2014 8:26:13 PM PST by
Slyfox
(We want our pre-existing HEALTH INSURANCE back!)
To: Rusty0604
When I was a Registered Investment Advisor....if I offered an investment that I claimed had no risk and a guaranteed return...I would have been in big trouble or could have some jail time.
20 posted on
01/28/2014 8:26:25 PM PST by
woofer2425
(Obama inhales immensely!)
To: Rusty0604
OH YA. Put it into a treasury note that has how much debt? That’ll work real well.
They’ll suck it into the big black hole and you wont see a GD penny.
22 posted on
01/28/2014 8:26:51 PM PST by
crz
To: Rusty0604
This is a good deal, for the government, not for the citizens who will participate in it. China doesn't want to buy our bonds anymore, and have in fact announced that they will not. The Fed stepped in and bought them for years, but now they are sick of it, and don't think it is effective. Japan, the next biggest buyer, is going to start net selling because they need to start cashing in their retirement funds.
So, either we can cut our budget to the level where we don't have to sell bonds, or we can just find another customer.
Welcome suckers!
First, it is voluntary for people with no other retirement savings. Then it becomes mandatory. Then 401ks get rolled into it. And then the levels of required investment keep increading, until finally Atlas shrugs. But it keeps the game going for a little longer.
Get your money out of the Matrix.
To: Rusty0604
When this guy says something is “no risk,” better run for your life.
Everything Obama comes up with is risky to your financial well being.
To: Rusty0604
Continuing debt funded QE was my first thought when he said this. Guess I’m not the only one who caught that.
26 posted on
01/28/2014 8:27:40 PM PST by
Free Vulcan
(Vote Republican! You can vote Democrat when you're dead...)
To: Rusty0604
..sorta like, “You can keep your money, and you can keep your savings”...he guarantee’s it
31 posted on
01/28/2014 8:29:04 PM PST by
Doogle
(USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
To: Rusty0604
Just wait until you wake up one morning and find out your 401Ks were all converted to them.
32 posted on
01/28/2014 8:29:13 PM PST by
dfwgator
To: Rusty0604
Soon, all of our investment accounts will be MYRA’s by government dictate.
34 posted on
01/28/2014 8:30:52 PM PST by
struggle
To: Rusty0604
Step 1: Create the MyRA bond.
Step 2: Forcibly convert ALL IRAs and 401/403b to MyRAs by forcing them to sell all current holding and buy MyRAs with the resulting cash.
35 posted on
01/28/2014 8:31:43 PM PST by
catnipman
(Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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