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Default Norway wants US Marines

Keyser Soze Wrote in message:
On 6/14/18 8:46 AM, Wayne.B wrote:
On Thu, 14 Jun 2018 08:01:49 -0400, Keyser Soze
wrote:

On 6/13/18 10:52 PM, wrote:
On Wed, 13 Jun 2018 16:50:54 -0400, Keyser Soze
wrote:

On 6/13/18 4:42 PM, Bill wrote:

And why are you opposed to social security funds in the stock market?


My recollection is that the private wall street banksters were lobbying
to "invest" those funds and earn their profit off it. Norges Bank
belongs to the people of Norway.

Norway invests all over the world in all sorts of things, Those
investments return real capital gains. The SS/MC funds are not really
invested in anything. There are just IOUs in the box and the
government spent the money on things that do not generate any income
for the government. They chalk up phony interest payments but some of
the money has to be borrowed from someone else when they actually have
to pay people the benefits they promise.


I suppose I should explain in pidgin English. I am not opposed to
investing. I oppose using the banksters in the USA to handle those
investments on behalf of our citizenry.


===

How do you propose making investments without using the financial
services industry?



Once again, the Norges Bank belongs to the people of Norway. Banksters
they may be but they are not Citibank or Wells Fargo types of banksters.


So much venom. Can we assume it was Wells Fargo and Citibank thst
stripped you of your wealth, Fat Harry?
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Default Norway wants US Marines

justan wrote:
Keyser Soze Wrote in message:
On 6/14/18 8:46 AM, Wayne.B wrote:
On Thu, 14 Jun 2018 08:01:49 -0400, Keyser Soze
wrote:

On 6/13/18 10:52 PM, wrote:
On Wed, 13 Jun 2018 16:50:54 -0400, Keyser Soze
wrote:

On 6/13/18 4:42 PM, Bill wrote:

And why are you opposed to social security funds in the stock market?


My recollection is that the private wall street banksters were lobbying
to "invest" those funds and earn their profit off it. Norges Bank
belongs to the people of Norway.

Norway invests all over the world in all sorts of things, Those
investments return real capital gains. The SS/MC funds are not really
invested in anything. There are just IOUs in the box and the
government spent the money on things that do not generate any income
for the government. They chalk up phony interest payments but some of
the money has to be borrowed from someone else when they actually have
to pay people the benefits they promise.


I suppose I should explain in pidgin English. I am not opposed to
investing. I oppose using the banksters in the USA to handle those
investments on behalf of our citizenry.

===

How do you propose making investments without using the financial
services industry?



Once again, the Norges Bank belongs to the people of Norway. Banksters
they may be but they are not Citibank or Wells Fargo types of banksters.


So much venom. Can we assume it was Wells Fargo and Citibank thst
stripped you of your wealth, Fat Harry?


D’uh. No, **** for brains. They are both crooked financial institutions,
though I did make some money off of Citibank in the late 1960s when it
bought out a client of mine.

--
Posted with my iPhone 8+.
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Default Norway wants US Marines

On Thursday, June 14, 2018 at 3:14:23 PM UTC-4, justan wrote:
Keyser Soze Wrote in message:
On 6/14/18 8:46 AM, Wayne.B wrote:
On Thu, 14 Jun 2018 08:01:49 -0400, Keyser Soze
wrote:

On 6/13/18 10:52 PM, wrote:
On Wed, 13 Jun 2018 16:50:54 -0400, Keyser Soze
wrote:

On 6/13/18 4:42 PM, Bill wrote:

And why are you opposed to social security funds in the stock market?


My recollection is that the private wall street banksters were lobbying
to "invest" those funds and earn their profit off it. Norges Bank
belongs to the people of Norway.

Norway invests all over the world in all sorts of things, Those
investments return real capital gains. The SS/MC funds are not really
invested in anything. There are just IOUs in the box and the
government spent the money on things that do not generate any income
for the government. They chalk up phony interest payments but some of
the money has to be borrowed from someone else when they actually have
to pay people the benefits they promise.


I suppose I should explain in pidgin English. I am not opposed to
investing. I oppose using the banksters in the USA to handle those
investments on behalf of our citizenry.

===

How do you propose making investments without using the financial
services industry?



Once again, the Norges Bank belongs to the people of Norway. Banksters
they may be but they are not Citibank or Wells Fargo types of banksters.


So much venom. Can we assume it was Wells Fargo and Citibank thst
stripped you of your wealth, Fat Harry?


Heh, heh. The foreclosure and the turned-down boat ride must still sting.
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