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MyRA? Oops! CEO: Name of Obama’s New IRA Program Already Taken
CNSNews ^ | 1/30/2014 | Barbara Hollingsworth

Posted on 02/01/2014 9:07:55 AM PST by rktman

The president of a South Dakota-based financial services company says he was startled to hear President Obama call his new government-sponsored retirement program "MyRA" in Tuesday’s State of the Union address because that’s the same name as his firm’s four-year-old “keynote” investment product.

(Excerpt) Read more at cnsnews.com ...


TOPICS: Business/Economy; Society
KEYWORDS: doh; government; myra; obama; savings
Trademarked? You really think the "lyin' king" cares about some "steenkin' trademark"? I see an audit in Mr. Lawsons future. (And I didn't even as the Long Island Medium either.) Nobody make the "lyin' king" look like a fool. Nobody. He doesn't need any help with regards to that.
1 posted on 02/01/2014 9:07:55 AM PST by rktman
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To: rktman

The WH cluster **** strikes again


2 posted on 02/01/2014 9:12:49 AM PST by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: rktman

Obama could call it “I-me-my-uh-that’s-MyRA.”


3 posted on 02/01/2014 9:13:23 AM PST by Cicero (Marcus Tullius)
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To: rktman
When CNSNews.com asked Lawson if he planned to contact the White House about the name duplication, he replied: “At this point, we’ll see. I’m not sure how this is gonna work out. There’s a lot of things to consider, and we wish the administration well.”

Please don't audit me.

4 posted on 02/01/2014 9:13:43 AM PST by sportutegrl
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To: rktman

Bubble dwelling Marxists like Obama are constantly re-inventing the wheel and claiming it’s new.


5 posted on 02/01/2014 9:14:37 AM PST by Argus
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To: sportutegrl

“Please don’t audit me.”

You broke the code!


6 posted on 02/01/2014 9:14:47 AM PST by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: sportutegrl

“Don’t taze me bro!”


7 posted on 02/01/2014 9:16:14 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: rktman

Coming soon: a new Executive Order allowing gov’t take-over of trademarked names and logos for ‘compelling public interest’ needs; the Order will site Eminent Domain as precedence. Gotta love that pen!


8 posted on 02/01/2014 9:20:45 AM PST by hollywood (Stay on topic, please.)
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To: rktman
News from next week --

President of a South Dakota-based financial services company has been fed to 120 ravenous dogs.

9 posted on 02/01/2014 9:22:07 AM PST by ClearCase_guy (Anti-Complacency League! Baby!)
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To: rktman

I don’t care what the liar-in-chief lies about, but I would like to know how much time I have to withdraw my IRA monies before the little bastard boy sequesters all of them for ‘rollover to fedzilla funds’.


10 posted on 02/01/2014 9:22:50 AM PST by MHGinTN (Being deceived can be cured.)
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To: rktman

WE are from the gubmint, and we are here to help -

“Nice business you got there. Would be a real shame if sum’ing happens to it/you/yours....”


11 posted on 02/01/2014 9:23:41 AM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: rktman
There is no point in having another retirement savings plan. It's like Obama found out that people aren't saving for their futures, and rather than figure out why, he has to have a new plan.

People can't save money they don't have. They have no incentive to save, since with near-zero interest paid on savings, there's no "power of compounding". The solution is for interest rates on savings to be at least 3%.

As far as the government debt goes? Just don't pay back what the Federal Reserve "is owed" because they authorized the printing of bogus money.

It won't happen, I know. Nothing is ever going to be solved if the idiots in charge choose window dressing to mask effects rather than provide solutions that get to the causes of our problems.

12 posted on 02/01/2014 9:28:36 AM PST by grania
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To: ClearCase_guy

kim jong obamasan? Oh, wait that would be Japanese. How about obamapak?


13 posted on 02/01/2014 9:29:42 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: MHGinTN

Mmmmmm. Get it while you can before “they” require you to provide a good reason for withdrawing it. And no, telling them you’re taking it out to buy birth control for sandra fluke is NOT a good enough reason. Although I would pony up some cash if it would prevent her from re-producing. ;>}


14 posted on 02/01/2014 9:32:38 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: All

“You didn’t build that!”


15 posted on 02/01/2014 9:33:19 AM PST by Rodney Dangerfield ("It's not a good time for me right now" -- http://therealwendy.com/)
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To: rktman

16 posted on 02/01/2014 9:34:27 AM PST by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: Sir Napsalot

Besides,

“YOU DIDN’T Build that!”


17 posted on 02/01/2014 9:38:15 AM PST by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: rktman

Mr. Lawson is going to discover that it is his patriotic duty to gift the MyRA title to the Regime. It wouldn’t do not to be patriotic would it? The NSA has lots of computing capacity to devote to those who don’t sufficiently support Maximum Leader.


18 posted on 02/01/2014 9:40:19 AM PST by Truth29
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To: Truth29

10-289?


19 posted on 02/01/2014 9:42:56 AM PST by Fred Hayek (The Democratic Party is now the operational arm of the CPUSA)
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To: grania

“People can’t save money they don’t have.” - G

That is the key point.

Obama will make this a redistribution program to solve income (savings) inequality disparity.

Voila - a tax CREDIT to open a myRA account (for the right people). Problem solved.

I first started looking into this plan 4 years ago.


20 posted on 02/01/2014 9:47:40 AM PST by Triple (Socialism denies people the right to the fruits of their labor, and is as abhorrent as slavery)
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To: rktman

Sheesh. Doesn’t anyone in Obumbles’ coven know how to use Google or Bing?


21 posted on 02/01/2014 9:50:03 AM PST by txrefugee
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To: Doogle

You know, one would THINK that he would have ONE SINGLE COMPETENT PERSON on his staff that would research this at the USPTO, or even FREAKING GOOGLE IT.

It looks to me that maybe they didn’t trademark it, myra.com apparently belongs to someone else. Whether or not MyRA is trademarked by them, I don’t know.

Worthy of note, in the USSR, the concept of a “patent” made no sense, and is still hard to explain to people in Russia; if you invented something, you might get an award or some recognition. If you invented something BIG, you might even get a nice apartment or raise in rank. But what you invented belonged to the people.


22 posted on 02/01/2014 9:53:46 AM PST by The Antiyuppie ("When small men cast long shadows, then it is very late in the day.")
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To: txrefugee

They don’t care. They just toss stuff out there and if someone objects, uh, they get a “talking” to by one of the alphabet contingency ops groups.


23 posted on 02/01/2014 9:56:19 AM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: The Antiyuppie

> myra.com apparently belongs to someone else

Probably someone named Myra.


24 posted on 02/01/2014 10:02:37 AM PST by Slings and Arrows (You can't have Ingsoc without an Emmanuel Goldstein.)
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To: rktman

USSR-A

“Because The Beard & Mr. Bottom say so...comrade.”


25 posted on 02/01/2014 10:09:12 AM PST by twister881
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To: Slings and Arrows

Wasn’t Myra the name of the vehicle in a SciFi series?


26 posted on 02/01/2014 10:28:51 AM PST by MHGinTN (Being deceived can be cured.)
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To: Nachum

Ping.


27 posted on 02/01/2014 10:30:25 AM PST by Jet Jaguar
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To: MHGinTN

Doesn’t ring any bells, but I’m not up on contemporary SF TV.


28 posted on 02/01/2014 10:51:49 AM PST by Slings and Arrows (You can't have Ingsoc without an Emmanuel Goldstein.)
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To: Doogle

ObamaCoins ?


29 posted on 02/01/2014 10:52:54 AM PST by molson209 (Hillary Clinton)
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To: rktman

Eminent Domain.


30 posted on 02/01/2014 11:12:19 AM PST by Washi (Stop Obama's War On Jobs)
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To: ClearCase_guy
President of a South Dakota-based financial services company has been fed to 120 ravenous dogs.

Yep, he's going to get "Janged".

31 posted on 02/01/2014 11:16:12 AM PST by dfwgator
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To: rktman
MyRa already taken?

Well yeah.

based on the book by the degenerate Gore Vidal. Guess some bright spark in the speech department sub-conciously made the association.

32 posted on 02/01/2014 11:36:52 AM PST by Covenantor ("Men are ruled...by liars who refuse them news, and by fools who cannot govern." Chesterton)
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To: Fred Hayek
"10-289?"

Indeed; Obama has already laid the prelude to that with his looting of GM by disenfranchising senior debt holders and funneling money to the unions.

33 posted on 02/01/2014 11:47:01 AM PST by Truth29
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To: rktman; Argus; Innovative
Remember this?-
34 posted on 02/01/2014 12:34:33 PM PST by 4Liberty (Optimal institutions - optimal economy.)
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To: 4Liberty

35 posted on 02/01/2014 12:36:09 PM PST by 4Liberty (Optimal institutions - optimal economy.)
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To: 4Liberty

;>} Really got a severe case of WTF now don’t we? LOL!


36 posted on 02/01/2014 12:38:55 PM PST by rktman (Under my plan(scheme), the price of EVERYTHING will necessarily skyrocket! Period.)
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To: Truth29; grania

37 posted on 02/01/2014 12:39:17 PM PST by 4Liberty (Optimal institutions - optimal economy.)
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To: 4Liberty
At my age I can recount a whole lot of money that was forcibly removed from my pay as ‘social security taxes. The government passed a law and that's all she wrote, you pay or you get prison. I seem to recall fedzilla passing a law which forced any holders of Gold backed currency or physical gold to turn it in for ‘federal reserve’ related sham wow money. Fedzilla will not be denied don’tchaknow.
38 posted on 02/01/2014 3:10:16 PM PST by MHGinTN (Being deceived can be cured.)
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To: grania

You are right on the money. Putting up another gov’t. savings program isn’t going to help if there’s nothing to put into it. By the time everything was deducted from my check & bills were paid(pre retirement) I had nothing to save. By working 10 yrs. past full retirement age,I was able to put a little in savings from the Soc.Sec.,but now it pays little to no interest. Saving it through a gov’t. program now would be really risky.


39 posted on 02/01/2014 3:38:52 PM PST by oldtech
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