Doubling-d​own SOTU?...........................from Rico

By now most have figured out that "progressives" [read: Communists] have a boundless capacity for hypocrisy in addition to not being nearly as smart as the think themselves to be. Neither do they have any sense of shame nor irony.

- Tonight's SOTU (which I will not watch, since I am out of barf bags, not inclined to masochism, and consider listening to TOTUS bloviate and gas-on as something akin to karaoke...only worse...and cannot drink enough to make either sound good) will unveil another logic-deprived and politically tone-deaf doubling-down on stupid. Incandescent stupid.


After the roaring suck-cess of ObamaCare, tonight you will be told of an even BETTER idea: Treasury IRA's.


Barry and Comrades have a 'clever plan' (apologies to Baldrick of "Black Adder" fame).

- This 'new' plan, a retiremet savings plan, will allow for the tax-deferred purchase of Treasurys for retirement. Hey, with the FED and everyone else in the world stepping away from buying Treasurys who is going to buy these dead turkeys?


Oh yay! Huzzah!

- Trade your cash today for the 'IOU promise' of an insolvent government (that is at least $205 trillion in debt) that it will pay you back ...snicker, guffaw...someday. Maybe. Never mind tht they lie through thei ass about everything else. You can trust them on this one. Hmmmmm... I wonder if they would throw in the odd bridge to sweeten the deal?


Of course, this plan will be 'voluntary' unlike the next step which will NOT be, because an insolvent government really wants to 'help' everyone manage their retirement savings.*


It would be wise to pay attention to the words of Milton Friedman at this point.

- In 'helping' they will do for retirement savings exactly what they would do with SAND in the Sahara...screw it up. Ptooey! Ptah! They should go pound some sand.


* A year ago, the US Consumer Financial Protction Bureau was "weighing...helping Americans manage the $19.4 trillion they have put into retirement savings..."

- Not that being flat broke, unreliable, and unstrustworthy has anything to do with it, or would stop the government from 'protecting people from their own money.' For their own good, of course.

- Have you ever heard of Poland? Have any idea of what they recently did along these lines? It's a template, like Cyprus was a template.