On 30/07/2011 12:19 PM, LilAbner wrote:
On 7/30/2011 2:07 PM, Canuck57 wrote:
On 30/07/2011 10:35 AM, BAR wrote:
In ,
says...

On Sat, 30 Jul 2011 08:26:17 -0400, Beach Bum"not a
wrote:

On 7/30/2011 1:34 AM, Canuck57 wrote:
http://www.boston.com/business/healt...off_1200_plus/




1200 direct and who nows how many indirect jobs are lost.

Another victim of Obama-tax.

At least they aren't *all* US jobs. But still it's not good to lose
any
jobs due to a country running helter skelter for lack of leadership.

Were you one of the screamers when Obama kept GM afloat?


You mean when Obama illegally gave GM to the unions?

GM and Chrysler should have gone through the existing bankruptcy
process.

Maybe UAW should bailout the US government?

Investment in our government should be by the People.
They stopped selling bonds except in 10,000.00 increments to Investors.
Americans need a stake in our Republic beyond being subjects.
Restart the small secure bond sales, by payroll deduction, at banks,
credit unions, and post offices.

Key part is stopping Bernanke fraud money print. US treasury hasn't
borrowed much real money since Sept 2008. How interest rates are set
ignores the lender side of the market which wants 5 to 10%. Bernanke
just creates the fraud money and lends it out driving down the rates.

Which really started in 2007, when the first credit crunch came.

No one in their right mind would buy a US treasury tight now under these
fraud conditions. I wouldn't even comment mutual funds in bonds or
mortgages. Just too much fraud. It is more like musical chairs
gambling for a 1% return. Stupid high risk for the below inflation
return. Better off elsewhere.

But agree, if government was forced to pay fair rates of return, it
should be forced to buy the paper from its own people. But government
enjoys the fraud too much. For example, borrow a trillion of SS at say
0.5% in a 4.5% inflation environment is cheap money, and the SS looses
4% in value each inflation year. Government covers it with higher
employment taxes. Liberal media will not tell the people of this fraud,
they are pro-statism.

Best way for people is to use the ROTH. ROTH is tax free later when you
need it in retirement and taxes are going up big time. IRA may not be
the best as you might end up paying more taxes on withdrawal than you
got deferred on contribution, a higher risk. Just put $100/week into a
ROTH. If government ever offers bonds at fair rates, buy them in the ROTH.
--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.