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Canuck57[_9_] Canuck57[_9_] is offline
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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default right wing loses again

On 07/12/2011 4:15 PM, bpuharic wrote:
the right wing says that under the darkie socialist communist hard
core islamist president the US, alone in the world, is going to
hell...

gee. all of a sudden the rest of the world doesnt see it that way. the
US receives its highest rating in 2 years from international investors

and SEVENTY PERCENT say US T bills are the SAFEST investment

oh darn!!! guess the kanuck klown and all the other True Believers in
the faux news view of obama have a problem

http://www.businessweek.com/news/201...obal-poll.html


T-bills are a garbage investment. But then that is why you are poor and
others have money.

If I buy $100,000 in T-Bills, I get maybe 1% interest at crappy lock in
terms. Now lets use the optimistic government inflation of 3.8% and it
is going to get worse not better.

One year after I buy the junk paper, I have $101,000 and have to pay
taxes on the $1000. Say 20%. Which leaves me with $100,800. In this
time what I used to be able to buy for $100,000 is now costing $103,800
because of inflation. So in fact I lose $3000 in purchasing power each
year I own the US Treasury junk paper.

S&P and others don't account for the inflation as risk, but savvy
investors do. And that is why I rate US Treasuries as junk paper. You
loose money buying the things. A sucker play really.

I get over 20 times the returning leaving the money in cash, then when a
stock like STX hits $10.25 I buy 10,000 shares wait 6-8 weeks an start
selling off at $16 for juicy capital gains that in my world come with
less taxes.

And if inflation goes up, bet KFT and COP goes up while T-Bills
depreciate. Yep, being stuck in T-Bills with inflation climbing, a
fools game.

Lending money today is a stupid fools game, not too many are paying fair
rates. This, as an investment they are dead. All the risk to the
lender for a negative value return, junk paper.

Think, that is another way DC skims Social Security. A 3% or more value
loss to government every year and fleabaggers like stunned sheep wonder
why it doesn't have the funds to cover liabilities. The answer is
simple, DC corruption is ****ing you over because too many idiots like
you are not intelligent enough to see it.

But very few individuals buy T-Bills any more. That market is almost
non-existent. Bernanke will just create the inflationary moneys to buy
the debt the people do not just to keep the ruse of solvency there.

If DC was a household, and at the end of the money they would
print/counterfeiter the money needed to pay the bills to make up for the
50% shortfall.

USA, is bankrupt.
--
All successful people have one thing in common, if even for a moment
they think rationally.