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To: JustTheTruth
"Pity the retired who were counting on reasonable rates of return from their savings."

I don't understand why this is not a HUGE issue right now. Where is AARP? The Republicans should be speaking about this NOW! Even the recently retired are eating into their basic savings because there is NO INTEREST being paid on their savings.

[The FED may justify the low rates on the basis of their "employment mandate", but the low rates are keeping older people, who would otherwise be retired, working.]

6 posted on 01/02/2012 4:16:24 AM PST by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: LZ_Bayonet
Even the recently retired are eating into their basic savings because there is NO INTEREST being paid on their savings.

They are forced into taking more risk with stocks and bonds or purchasing an annuity.

7 posted on 01/02/2012 4:51:45 AM PST by EVO X
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To: LZ_Bayonet

Because the AARP isn’t a lobby for the interest of seniors. It is a tool of the Democrat party, a conveyor for the socialist propaganda they transmit to influence this huge voting bloc.

They promote poverty and dependency.


8 posted on 01/02/2012 5:10:03 AM PST by SargeK
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To: LZ_Bayonet

Because the AARP isn’t a lobby for the interest of seniors. It is a tool of the Democrat party, a conveyor for the socialist propaganda they transmit to influence this huge voting bloc.

They promote poverty and dependency.


9 posted on 01/02/2012 5:10:15 AM PST by SargeK
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To: LZ_Bayonet

Because the AARP isn’t a lobby for the interest of seniors. It is a tool of the Democrat party, a conveyor for the socialist propaganda they transmit to influence this huge voting bloc.

They promote poverty and dependency.


10 posted on 01/02/2012 5:10:15 AM PST by SargeK
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