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To: Clairity

How much you want to bet that the government is going to force these IRAs into government bonds? The Feds need more people to buy the debt / bonds so they can continue their quantitative easing program. Got to spread the wealth .... err debt don’t you know.


15 posted on 08/12/2010 10:14:37 AM PDT by taxcontrol
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To: taxcontrol

“How much you want to bet that the government is going to force these IRAs into government bonds?’

They ARE doing that — gvoernment bonds are the default, they just call them “R-bonds” (retirement bonds).

They are forcing people to loan money to the US government, and later they will figure out a way to NEVER have to pay it back to us.


19 posted on 08/12/2010 10:19:12 AM PDT by Clairity ("The United States needs to be not so much loved as it needs to be respected." -- VP Dick Cheney)
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