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 : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (121203)9/19/2012 7:27:45 PM
From: Tenchusatsu  Respond to of 149317
 
WR,
4.4%...better than I'm getting in my 401K, my IRA,or my savings account.
Of course it's "better." They told themselves to pay that much. And they'll use their power to print money to back up that promise.

There's an art to making money by borrowing and loaning it out for a profit. I'd teach it to you, but I don't want the competition.
Sorry, but I don't trust that you have the power to print money and get away with it.

Except for the ones who drop dead the day before they retire. They expected to live a lot longer, and their funds stay in the pot"forever".
Too bad not enough of them are dropping dead to break even for you.

Yawn. I'm less than a little worried. I posted an article that shows we buy 75 years of solvency by doing nothing more than taking off the cap on earnings.
That simple, huh? Just raise taxes on all income above the cap by 12.5 percentage points.

So easy, a caveman^H^H^H^H^H^H^Hliberal could do it.

Tenchusatsu