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The morning after, now what?
- Thread starter fund razor
- Start date
fund razor
Founding Member
That's how Barack Oligarch works.
If so many people in this country weren't stupid lemmings with no concept of the world beyond Honey Boo Boo we could have moved away from this cadre of socialists and their attempt to divide and weaken our nation. They talk about education, but they rely on the ignorant to attain and retain power.
Redistribution sounds great to the babies spoon fed the rhetoric of entitlement.
Bobcat
Founding Member
Hitler had the Jews, OweBaalma has the rich. If they confiscated the 1%ers entire fortunes, it would not even pay the daily interest on our debt.
Not so much education, as indoctrination....revisionist history is being taught at schools. Did you know that Lee Harvey is now a Republican ? and the Reverend Dr. MLK is now only referred to as Dr. MLK ???
911 terrorists are now FREEDOM FIGHTERS...
Not so much education, as indoctrination....revisionist history is being taught at schools. Did you know that Lee Harvey is now a Republican ? and the Reverend Dr. MLK is now only referred to as Dr. MLK ???
911 terrorists are now FREEDOM FIGHTERS...
Buoy
Founding Member
Buoy
Founding Member
I have a question for you guys that are more educated on financial matters than myself.
During the SOTU "O" dropped this "MyRA" out of nowhere. The short explanation left me scratching my head.
Isn't this the same as Social Security, but voluntary (for now...)
And why in the hell would I feel confident in a Gov't based "savings" plan when I see the Gov't can't even build a functioning website, or I look at the financial situations of places such as Detroit with Chicago closely following?
During the SOTU "O" dropped this "MyRA" out of nowhere. The short explanation left me scratching my head.
Isn't this the same as Social Security, but voluntary (for now...)
And why in the hell would I feel confident in a Gov't based "savings" plan when I see the Gov't can't even build a functioning website, or I look at the financial situations of places such as Detroit with Chicago closely following?
fund razor
Founding Member
From what I have heard, the idea is for a "no minimum" Roth style IRA, meaning using post-tax dollars. (A traditional IRA uses pre-tax dollars)
The benefit to the feds is that it starts to wean people off of SS, and they still get the taxes from wages immediately.
The benefit to the low end retirement saver is that they can raid the funds without penalty, and can establish the account without the minimum funding requirement that you might see with a normal IRA.
The benefit to the feds is that it starts to wean people off of SS, and they still get the taxes from wages immediately.
The benefit to the low end retirement saver is that they can raid the funds without penalty, and can establish the account without the minimum funding requirement that you might see with a normal IRA.
fund razor
Founding Member
fund razor
Founding Member
You don't wish for it, do you? I am starting to think maybe you do.
poncho
New member
Its good for gold. And when your business is gold mining. I kind of do, but the price of gold could be $400 and we'd still make money. So rather have a good economy.
Ratickle
Founding Member / Super Moderator
I just cannot see any kind of a collapse before the November elections. A correction is one thing, (although if you strictly look at the numbers, there has been no increase to speak of. The market has barely kept even with core inflation). All they have to do if the market makes a large enough fall to worry the Dems before the election is pump in more fake money while falsifying the inflation numbers. They are getting really good at that.....
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