MyRA? Oops! CEO: Name of Obama’s New IRA Program Already Taken

CNSNews ^ | 1/30/2014 | Barbara Hollingsworth

[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.

[rktman]

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.

[Doogle]

The WH cluster **** strikes again

[Cicero]

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

[sportutegrl]

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.

[Argus]

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

[Innovative]

“Please don’t audit me.”

You broke the code!

[rktman]

“Don’t taze me bro!”

[hollywood]

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!

[ClearCase_guy]

News from next week --

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

[MHGinTN]

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’.

[Sir Napsalot]

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....”

[grania]

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.

[rktman]

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

[rktman]

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. ;>}

[Rodney Dangerfield]

“You didn’t build that!”

[Menehune56]

[Sir Napsalot]

Besides,

“YOU DIDN’T Build that!”

[Truth29]

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.

[Fred Hayek]

10-289?

[Triple]

“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.