More CHANGE you can 'keep' or 'believe in' it's up to you...until and unless the current regime makes it mandatory!
Yes, more "annuities" talk (as in 401k's-IRA's, Obamunists). Be wary. Be aware!
1. As a rule, the very worst possible time to convert lump-sum savings into a fixed-income annuity* is when interest rates are LOW (like now).
2. The above is very like buying long-ter bonds when interest rates are likely to increase. Your 'fixed' earnings are doubly eroded by inflation.
3. So WHY would the Obaa-Soetero administration 'float' the notion that this is 'somehow' a good idea for Americans?
- Well if they didn't like, respect, or care about Americans it all makes perfect sense!
*Like Social Security, an annuity (like an R-annuity you'll be hearing about soon) guarantees income until your death but reverts back to the government. You do not "own" your money, and neither do your heirs.
- What a clever way to 'shift' ownership of YOUR money into the hands of gooberment!
HEY!!! Look at the grouse!!!
Because your ;oliticians and governent care for you. Yeah. Right.
KEEP the CHANGE!
Monday, 11 January 2010
Chump CHANGE...........from Rico
From Theo Spark at 09:07
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