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1 posted on 01/22/2020 4:05:59 PM PST by kevcol
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To: kevcol

Doesn’t everyone get their relatives and close friends rich by getting them on the boards of foreign corporations?


29 posted on 01/22/2020 4:32:52 PM PST by Blood of Tyrants (Everyone who favors socialism plans on the government taking other people's money, not theirs.)
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To: kevcol
Citizens in regular America make money clipping coupons on the street. The children of Joe Biden make money clipping our federal withholding, laundering It thru state department appropriations managed by foreign embassies, and putting it into their bank accounts cleaner than a baby's bottom.

What's to misunderstand?

35 posted on 01/22/2020 4:38:28 PM PST by blackdog (Making wine cave appearances upon request.)
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To: kevcol
Does NOBODY here know what a “Bearer Bond” is? We aren’t talking about clipping newspaper coupons to save a buck on Bounty paper towels.

A bearer bond, also referred to as a coupon bond, is a debt obligation with coupons attached that represent semiannual interest payments. With bearer bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Bondholders receive these coupons during the period between the issuance of the bond and the maturity of the bond.

For the investor to claim his interest on the bond, he simply takes the corresponding coupon from the provided bond certificate and gives it to an agent of the issuing institution. Anyone who provides the necessary coupons to the issuer can receive the interest payment regardless of whether that person is the actual owner of the bond. For this reason, coupon bonds present a lot of opportunities for tax evasion and other fraudulent acts.

U.S. Treasury Bonds helped finance deficit spending throughout the century, along the way becoming the world's most important financial instrument next to the U.S. dollar itself.

The year 1982 was the beginning of the end of paper Treasury securities. Bearer and registered bonds were to be phased out due to security, custodial, and market considerations. Of the $22 trillion in national debt, only $125 million in marketable Treasuries remains outstanding as matured securities. The overwhelming majority of this unredeemed paper is not, however, in investor or collector hands, having been accidentally lost, destroyed, or forgotten in the course of time.

Redeeming the paper coupon, which was attached to the bond, was known as “coupon cutting.” These were large denomination government and corporate bonds that were affordable only by the well-to-do and the wealthy. “Coupon cutting” became a pejorative for the idle rich making money the easy way — by “cutting the coupon” and redeeming it.

It has been almost FORTY years since the U.S. Government began to phase out paper bearer bonds. One would think that would be enough time for Ole Slow Joe to have caught on to the fact that modern bonds are all electronic and nobody clips coupons anymore. This little anachronism of his just shows how truly out of touch he is and that his brain has been stuck in neutral since he went to the senate.

Here are two example bearer bonds:


36 posted on 01/22/2020 4:42:16 PM PST by ProtectOurFreedom
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To: kevcol

This comment is not about the coupons you use to get a reduced price at the store.

They are bond coupons. Anyone who wants to know what the term actually means can go here and read:

https://www.quora.com/What-does-clipping-coupons-in-the-stock-market-mean

Bottom line for those who won’t: A person making a living by “clipping coupons” was considered very wealthy: they were living off the interest earned on their portfolio of bonds.


38 posted on 01/22/2020 4:43:10 PM PST by bigbob (Trust Trump. Trust the Plan.)
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To: kevcol

Maybe he meant green stamps? (Yes, I am old enuff to remember those booklets.)


39 posted on 01/22/2020 4:44:29 PM PST by dynachrome (Build the wall, deport them all. And send her back!)
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To: kevcol
I think I figured it out.

He's part of the Impractical Jokers team. One of his hair plugs is actually an earpiece and Barry, Michael and Reggie are hiding in an unmarked van telling what to say and do.

40 posted on 01/22/2020 4:45:33 PM PST by Texas Eagle (If it wasn't for double-standards, Liberals would have no standards at all -- Texas Eagle)
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To: kevcol

The face of dementia.


42 posted on 01/22/2020 4:47:13 PM PST by bgill
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To: kevcol

“Wonder how they keep it from melting as they do the sculpture.”


44 posted on 01/22/2020 4:48:17 PM PST by firebrand
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To: kevcol

All that’s left in his mind are bits and parts of cliche’s he’s been yapping on campaign trails and news bits for 134 years. Now his brain can no longer assemble them so they just drool out his mouth in slurred and random combinations.


45 posted on 01/22/2020 4:52:48 PM PST by tinyowl
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To: kevcol
Senile Dementia


51 posted on 01/22/2020 4:58:49 PM PST by Bon mots
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To: kevcol

he’s inadvertently stepping up their game from cash for clunkers to cash for coupons...


54 posted on 01/22/2020 5:01:33 PM PST by heavy metal (truth trumps lies...)
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To: kevcol

“By golly, the swirls do spell out ‘Allah’.”


59 posted on 01/22/2020 5:20:54 PM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog.)
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To: kevcol

He is simply a retard that the left desperately holds on to. The DNC has pretty much given up on all others: gay,1/2 black,womyn,Injun,Commie and all other wierdos and just settle for the old white simpleton weirdo joe.


61 posted on 01/22/2020 5:30:34 PM PST by shanover (...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
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To: kevcol

Bonds don’t come with coupons anymore...


62 posted on 01/22/2020 5:38:00 PM PST by Paladin2
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To: kevcol

He previously said on video, that people are clipping coupons for the stock market.


63 posted on 01/22/2020 5:40:58 PM PST by mass55th ("Courage is being scared to death, but saddling up anyway." ~~ John Wayne)
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To: kevcol
The whole impeachment charade is premised on the Adam Schiff/Eric Ciaramella theory that Donald Trump was so afraid of Joe Biden as an opponent in 2020 that he tried to get President Zelensky to "make up dirt" on Biden (and for that egregious offense deserves to be removed from office).

Every time Joe opens his mouth he shows how ludicrous that theory is.

65 posted on 01/22/2020 6:09:16 PM PST by Verginius Rufus
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To: kevcol

Slow Joe probably has shoe marks all over his dick!!!


69 posted on 01/22/2020 6:35:07 PM PST by RetiredTexasVet
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To: kevcol

He is an idiot and very out of touch with technology but he is referring to bond coupons. I don’t believe these have been issues in close to 20 years but old bearer bonds had actual paper coupons attached that were redeemable at a specific date (interest payments). You could take them to the bank and there was a process to deposit them.

https://www.investopedia.com/articles/bonds/08/bearer-bond.asp


70 posted on 01/22/2020 6:47:58 PM PST by gunnut
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