SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ChanceIs who wrote (123703)5/17/2008 4:40:02 PM
From: ChanceIsRead Replies (2) of 306849
 
I am going to vists Morgan Stanley Monday.

You see.

I have this great idea.

I want to securitize my Social security payments from the federal government. What a great idea. Who wouldn't buy that. Backed by the US government - rock solid. And..can you believe this...indexed to inflation. Moodys will be sure to make it quadruple A.......AAAAA. Never before seen in the annals of debt.

I may have trouble doing it just by myself. Maybe if a hundred of us went together. Then they can play games with the actuarial tables so they can sell them to the Norwegians and Erie, PA school district.

Hey its a revenue stream. Securitize it and sell it.

What would I do with my proceeds??? Oil and gold man. Maybe some K-Rations and ammo on the side.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext