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.
Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: tntpal who wrote (28598)4/2/2010 8:50:40 PM
From: Wayners  Read Replies (1) | Respond to of 103300
 
I posted on this one a week or two ago. Buddy said it was fake. I don't know. Might need to check snopes.com but bet it's not on there either. It makes sense to me except the way I think they would really do it is not on distributions but on forcing people to invest a portion of their money in Govt bonds....for your safety of course ....and for the Govt to steal from you when they start printing money like the conterfeiters that they are. They will require this to keep your IRA/401K/SEP or whatever you have in a "tax free" status until distributed.



To: tntpal who wrote (28598)4/5/2010 11:53:30 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 103300
 
Re: "Here is a paper written on the subject by Mark Iwry when he was at the Brookings Institution."

Sounds like it was the Brookings Institute behind this hare-brained idea.

(NOTE: 'hare-brained' if you are thinking about what would be good for the public interest, or good for the vast majority of ordinary folks... which this silly idea would clearly *not be*. But not so 'hare-brained' if you main GOAL is to fatten the profits of Wall Street and the Insurance Industry. <GGG>)

However it is fair to note that there is *no such government policy*, nor even government proposal. Just some Fat Cats looking, (as financial industry types, and Brookings lobbyists are often wont too), for a way to dip their beaks and fatten their take-home. <GGG>

AIN'T EVER GONNA BE US GOVERNMENT POLICY.