ObamaFund or FundObama?......................from Rico

It's official now. The former Constitutional Republic is dead.
- The former USA has become the USSA and a poster child for Communist Banana Democratic Republics.

Barry is on a roll....

At the direction of Narcissus Maximus, the US Treasury has started a new retirement savings plan WITHOUT CONGRESSIONAL VOTE.
- Taxpayers will cover the costs, and the subsidies, even though their elected representatives in Congress didn't vote for it. It's called

"myRA" which is pretty funny, since you didn't vote for it and you're giving your money to the government....so what can you call "my?"

Designed to deliver all of the efficiency of ObamaCare combined with the safety of Solyndra, this plan will only invest in U.S. Government DEBT....there will be no stocks or corporate bonds.
- And typical of government-designed schemes, this 'plan' is a money-loser out of the gate, and is too unprofitable for anyone in the private sector to offer.

A company called Comerica* will be paid (we do not know how much) by Treasury to manage the accounts.
- If they are friends-of-Barry and the Democrats (C), don't worry...they'll be paid MORE than enough.

While some wags are already calling this scam...er, scheme ObamaFund, perhaps FundObama would be more apt, like renaming LOTUS to COTUS (Liar of the United States; Communist of the United States).

Will people actually be stupid enough (in the full Gruber definition of the word) to actually think they can fund their retirement by loaning their money to the government?
- Well, maybe. They voted him into office twice. How stupid was that?

* Is Comerica a combination of the words COMmunist amERICA one wonders.