Retirement Accounts Could Boost Treasuries

The Federal Government is running massive budget deficits which is creating a massive supply of Treasuries. But there is no demand and so the Federal Reserve is monetizing the debt. But these colored coupons merely amount to certificates of confiscation. So Congress will most likely follow Argentina's lead and nationalize the retirement accounts.

http://www.runtogold.com/2010/01/retirement-accounts-could-boost-treasuries

While the state sponsored retirement accounts may appear alluring, particularly when your employer matches your contribution, you may get more than you bargained for. Like this English man if you contribute to your state sponsored retirement accounts then you may find unwittingly find yourself in an uncomfortable situation and have no one to blame but yourself.

http://www.telegraph.co.uk/news/newstopics/howaboutthat/6946257/Mans-penis-re...

More reasons why you should make the ultimate no confidence vote and buy gold
http://www.runtogold.com/how-to-buy-gold-or-silver/

Category:

News & Politics

Tags:

• social security
• fdr
• franklin roosevelt
• 401k
• roth ira
• sep-ira
• retirement account
• retirement accounts
• retirement
• gold
• silver
• platinum
• buy gold
• buy silver

[takforalt]

Yes, but I think it should be pointed out that we started paying an extra amount towards SSI in the 80's to " pay for the coming baby boomer bulge".. But Unfortunately, that money was put into the general fund and immediately spent. The point is, it was funded but congress could not leave it there. Furthermore, we should talk more about how the banksters are stealing trillions from us and our children.

[hiphopsocnroc]

This is ture to a degree. We must also take into consideration the fact that there are far fewer jobs, thus a signifcant shortage in funds. Also, the death rate of people who are on SSI. But over all, what you present is ture and correct. Peace