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To: QT3.14

If Tony and Theresa place one filthy finger on my savings they will lose their fingers.


7 posted on 12/17/2015 1:54:10 PM PST by jwalsh07
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To: jwalsh07
With the Feds rate hike yesterday, you could almost read the script of corruption. The central banks were not only told of the time and day beforehand, they profited immensely during the news release. Profit. Greed. That is all they understand.

For now, the money gamblers are collecting a few more Billion from the last of the productive workers who are throwing huge percentages of their salaries into IRAs, 401Ks, and investments.

Then they will crash the video game.


22 posted on 12/17/2015 2:06:31 PM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: jwalsh07
They both view the 401(k) defined contribution retirement system as a faulty experiment that covers too few workers, generates inadequate savings and replaces too little income in retirement.

And I'll bet they especially dislike the fact that workers have a choice of funds in which they can invest and the ability to move them into a self-directed IRA at age 59 1/2 where they can cut off the revenue stream of fees to Wall Street for "managing" their investments.

I did exactly that when I found out my 401(K) was skimming fees from liquid MONEY MARKET ACCOUNTS and giving me negative returns. Hell, I can put my own damn money into a local bank which pays a whopping 1% on savings with NO DAMN FEES.

I'm guessing Tony and Theresa won't touch your savings. They will partner with the government who will do it for them.

29 posted on 12/17/2015 2:16:19 PM PST by Vigilanteman (ObaMao: Fake America, Fake Messiah, Fake Black man. How many fakes can you fit into one Zer0?)
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