Posted on 04/23/2010 10:26:01 AM PDT by Mamzelle
I've been a customer of USAA services my entire adult life. It has been one company that has always kept faith, gave excellent service.
Now it's threatened by the Volcker rule.
http://www.redstate.com/yoyo/2010/04/23/volcker-rule-a-plea-from-usaa/
I got the same email.
USAA ping.
Received it last night.
Thanks for the ping JJ.
If you go to the USAA website, there is an electronic form letter you can send to your “representative”.
I sent mine last night. This needs to be stopped.
I got the e-mail also.
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If this regime manages to take over control of Wall Street - will this not give them the power they want to also take over the 401K’s?
We know they have that plan in the works - the Socialist's have had the plan t take over retirement funds for over 30 years.
Why isn't our side reminding every one that:” Do YOU have a 401K? Then YOU are also invested in Wall Street. Do YOU want Washington in control of your 401K?
“How long do you think it would be before you got notified that your 401K had been turned into gov’t bonds = that you can't touch for years?”
Obyummer and gangs was on Wall Street is WAR ON YOU.
I’m shocked the national socialist democrats would try to do something that harms an organization who provides services for our military servicemembers.
Just shocked. Really. /SARC-HURL
Sent the electronic letter from their website.
I’ve never received anything political from USAA before, but it isn’t the same USAA. Now it is open to almost anyone remotely related to a veteran. The USAA Board of Directors used to be retired military, mostly Generals, but now looks like a bunch of yuppies.
USAA ping
“If this regime manages to take over control of Wall Street -will this not give them the power they want to also take over the 401K’s?”
The big concern has been that eventually owners of 401k’s might be forced to invest a portion (or all) of their retirement assets in a government annuity (i.e., government bonds). I think what is going on now is something entirely different; although the more the public becomes accustomed to having liberal Democrats control their lives, the easier it may be to keep increasing the control (the old slow- boiling-of-the-frog problem).
I have been using USAA for banking and insurance for over 45 years. Never had a single complaint. They are beyond argument the most honest financial institution in the nation.
This is the first time they have ever asked me to do anything in return. So wrote both my senators last night.
The very last thing we need is for the present de facto head of the Chicago mob, Obama, nationalizing our financial institutions. Especially those that have been involved in a single case of wrongdoing and never taken a cent of “bailout” and never would!
Looks like decent productive Americans are increasingly in the same fix German Jews found themselves in in the mid 1930’s.
Saw the email in my inbox and deleted it without reading. Will go to the site and follow up.
Let’s kill two birds with one shell, Screw both the very best insurance company in the world and a bunch of veterans at the same time.
Sent the emails to Senators Sessions and Shelby this morning.
Two of the better Senators, in my estimation.
Semper Fi,
(oh, and Roll Tide)
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Updated: Legislation Prompts USAA to Urge Action
Posted on Apr 29, 2010 | Category: Latest News
UPDATE: We appreciate the hundreds of thousands of USAA members who have contacted their senators to ask for an amendment to the financial regulatory reform bill in the U.S. Senate (S.3217). Thanks to your voices, important issues are being seriously considered by key members of the Senate.
On April 29, the U.S. Senate began debate on S.3217 (the Restoring American Financial Stability Act of 2010) in a process that could last two weeks or longer. During this period, senators will debate provisions of the bill such as proposed reforms to derivatives trading, a consumer finance protection agency, addressing the economic risk of companies regarded as “too big to fail,” and the Volcker Rule. Senators will also consider amendments to the bill. USAA staff — aided by ongoing member and employee outreach to senators — will continue to fight to include an amendment clarifying that the bill’s Volcker Rule provision excludes investment portfolios of insurers with affiliated banks.
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