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Meet myRA: Obama offers IRA plan details
CNNMoney ^ | 29 Jan 2014 | Jennifer Liberto

Posted on 01/29/2014 12:46:58 PM PST by tcrlaf

click here to read article


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To: tcrlaf

My Ra? That fits, Obambi thinks he’s the Egyptian sun god.


101 posted on 01/29/2014 10:54:30 PM PST by rfp1234 (Impeach We Much!)
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To: tcrlaf

Well its optional not mandatory.

Like US treasuries the gov can just create $$$ to pay it back after a market crash.

Many people in US go on medicaid with no assets adding to the national debt. That would be where the confiscation of this comes in, to pay their (patents) own bills.


102 posted on 01/30/2014 12:05:47 AM PST by sickoflibs (Obama : 'Any path to US citizenship for illegals HERE is a special path to it ')
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To: tcrlaf

But if Obama is doing it outside a law passed, there is a question as to if the worker/saver is legally entitled to their $$$ back.

Be skeptical of putting trust in exec actions.


103 posted on 01/30/2014 12:33:36 AM PST by sickoflibs (Obama : 'Any path to US citizenship for illegals HERE is a special path to it ')
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To: tcrlaf

Does he call it “MyRA” because once you’ve put your money in, it’s his, as in “My IRA, suckers!”?


104 posted on 01/30/2014 12:41:48 AM PST by 2ndDivisionVet (Jealousy is when you count someone else's blessings instead of your own.)
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To: CincyRichieRich

All these billions and trillions spent in recent years starting with Bush’s Medicare Part D and TARP, then Obama’s stimulus and Obamacare has to financed with our money, which Washington will get whether we want to give it or not.


105 posted on 01/30/2014 1:13:49 AM PST by Nextrush (AFFORDABLE CARE ACT=HEALTH CARE INDUSTRY BAILOUT ACT)
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To: nascarnation

Can’t the government just do their job and govern? Instead of interfering in EVERY aspect of our lives?


106 posted on 01/30/2014 3:31:17 AM PST by FreedomStar3028 (Evil must be punished.)
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To: nitzy

- Barry of da Bungle - Cokehead for sale…..


107 posted on 01/30/2014 3:38:33 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: nitzy

- Barry of da Bungle - Cokehead for sale…..


108 posted on 01/30/2014 3:39:14 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: tcrlaf

Zer0 RA? Buy gold and squirrel it away.


109 posted on 01/30/2014 3:41:33 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: Vaquero

- It appears the smart money bought pre-1899 Colt SAAs

- The going prices have doubled or tripled in the last two years and many are now well over $10,000 - with a bullet ^


110 posted on 01/30/2014 3:54:33 AM PST by devolve ("He's just 'too talented' to do what 'ordinary people' do." "Barry of Bungle" "Homo Electus")
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To: albie

Sure...let the Feds handle your money. They have a great record of money handling. cant see what could go wrong.
LOL.....


111 posted on 01/30/2014 4:15:30 AM PST by Yorlik803 ( Church/Caboose in 2016)
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To: devolve

I do have a vintage 1882, Model 1873 Winchester in patina with a few small pits and a half shot out barrel.... still a shooter....my buds in cowboy action shooting use to get upset when I brung it to the matches, saying it was too valuable to shoot....If I cant shoot it, I don’t want it....(the half shot out barrel still groups 2-3” at 50 yds...sufficient for Cowboy shooting)

the nearest thing to those SAA I have is a 1961 SAA 2nd generation. it is the 125th anniversary(of colt)commemorative model that people do not shoot but keep in the walnut case. a friend who worked in a gun store got it from a widow, without case and obviously fired....it looks brand new, cept for a couple of scratches by the ejector from the cylinder pin being yanked out wrong....

I shoot it often

my 1943 bone stock 1911A1 Remington rand will never be sent out for accurizing and made into a race gun as so many have in the past.... shoots like a dream and swallows all fodder....

Peace! Through superior firepower.


112 posted on 01/30/2014 4:31:17 AM PST by Vaquero (Don't pick a fight with an old guy. If he is too old to fight, he'll just kill you.)
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To: dfwgator

But.......your duty to you’re Govement is to let us use it, have it, steal it, keep it, borrow it if we need to as you’re government.


113 posted on 01/30/2014 4:46:49 AM PST by conservative_cyclist (I want my parents country back!)
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To: tcrlaf

If Socialist Security was such a great idea, why do we need a MyRA?


114 posted on 01/30/2014 6:28:55 AM 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: NorthMountain
Where is the constitutional authority ..........

He has been at this for over five years. During that time "America" reelected him so that leads one to conclude that the majority of "Americans" also do not give a rip about the Constitution and enforcement of laws, OR the RAT party stole the 2012 election.


115 posted on 01/30/2014 6:34:21 AM PST by Cheerio (Barry Hussein Soetoro-0bama=The Complete Destruction of American Capitalism)
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To: tcrlaf

How is this not redundant to Social Security?


116 posted on 01/30/2014 6:35:12 AM PST by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: tcrlaf

If Myra is needed then Social Security has failed.

Establishing another entitlement to do what SS should do is the exact description of diong the same thing over again and expecting different results.

That is defined as insanity.


117 posted on 01/30/2014 6:35:25 AM PST by R0CK3T
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To: R0CK3T

It’s about taking over 401(k)s and IRAs, nothing else.


118 posted on 01/30/2014 6:36:43 AM PST by dfwgator
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To: tcrlaf

Is there anything he cannot do by executive order?!


119 posted on 01/30/2014 6:40:48 AM PST by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: tcrlaf

“I can see already see the hand-writing on the wall for this, as clearly as if I was standing 20 years into the future.....”

I agree with everything you say, except... it won’t take 20 years!


120 posted on 01/30/2014 6:42:19 AM PST by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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