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Government mandate to invest in well... GovernmentHow 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. S. Lindsey's blog | login to post comments |