Thursday, November 29, 2012

JUNK BONDS FOR YOUR IRA...WITHOUT THE OPTION!

Two years ago, the Obama administration was proceeding with a novel way to finance it's trillion-dollar budget deficits by FORCING IRA and 401(k) HOLDERS TO BUY Treasury bonds by mandating the placement of government-structured annuities in their retirement accounts!
An Investment Company Institute study published this month found that U.S. retirement assets totaled $18.5 trillion at the end of the second quarter 2012, of which 3.5 trillion was in IRAs and $5.1 trillion was in 401(k) plans.
IF YOU ARE A YANK, YOU'D BETTER KEEP READING THE ABOVE UNTIL YOU UNDERSTAND THE IMPLICATIONS.  FOR IF THEY GET AWAY WITH THIS TOTALITARIAN MOVE ON YOUR PENSION YOU CAN END UP WITH SWEET F.A. !

What National Debt? At a stroke I can get the mugs 
who voted for me to pay it off! Friggin' brilliant, I am!

(Photo: Copyright Control)








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