Government mandate to invest in well... Government

S. Lindsey's picture

How is your 401k doing? Do you still have one?

Thinking about getting one?

You might want to re-think that one.

The Government read The Obama Administration is trying to get their hands on your 401k. The Department of Labor and The Treasury wants to require you to put at least "some" of your investments in Government Bonds.

They are having a hard time getting rid of them you see.. so we have a few extra.

Once China sees we are still on the path to destroy our dollar then those very same Bonds will be worth the paper they are printed on and that's it.

Obama is on TV right now outlining all of the Government programs and how the Government is going to take care of us..

He is going to eliminate overdraft fees..

"OVERDRAFT FEES"??? Let's see you write a check with no money in the bank and the Government is going to step in and slap the poor bank that wants to penalize you for writing a bad check.. The Nerve of them bad Banks.

I guess that makes a kind of sense though.. The Government is always writing checks on our overdrawn account and they don't want to be held accountable either.

We don't want or NEED the Government to take care of us.. at least MOST of us don't.

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Submitted by skyspy on Fri, 01/22/2010 - 11:52pm.

The editor of Whiskey and Gunpowder has been writing about this for the last couple of months.

Submitted by pomsmom on Fri, 01/22/2010 - 4:06pm.

Obama is just trying to teach what our core values should be. He said That he should have worked harder to TELL us what our Values should be. I have always thought that core values are taught by parents or maybe teachers or clergy,but I guess I'm wrong again. Well I gotta get off the computer and go bounce a check 'cause it's the right thing to do.

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