http://www.zerohedge.com/news/2014-01-28/obama-introduces-myra-no-risk-guaranteed-return-retirement-savings-bond

"Today, most workers don’t have a pension. A Social Security check often isn’t enough on its own. And while the stock market has doubled over the last five years, that doesn’t help folks who don’t have 401ks. That’s why, tomorrow, I will direct the Treasury to create a new way for working Americans to start their own retirement savings: MyRA. It’s a new savings bond that encourages folks to build a nest egg. MyRA guarantees a decent return with no risk of losing what you put in." - Barack Obama

In other words - if you like your retirement account you can keep your retirement account.

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Comments

  • Uh, maybe working on creating jobs is a step to be tackled before retirement plans.  Just a thought.  And giving your retirement money to the gov't?  Look at what they did with the money for Social Security.  Yes, this is a terrible joke.  How much more in-your-face can he get.  He wants you to give him the money so history won't record that he stole it.

  • 2967664532?profile=original

  • The Obama bond is coming to your workplace, Run don't walk. If you like your retirement plan we will keep it from you. We will be closing Gitmo again. Unemployment is the lowest it has ever been. I will cut the red tape and start construction jobs. They need money. We will help the wounded soldiers when the deficit goes down. The republicans who voted against the ACA should be ashamed. I will be writing my own rules with or without congress. Any intelligent person can count 7 big lies and a pile of BS promises.    

  • trying to sell more snake oil...

    pfft...

    ...my disgust just doesn't translate...

    nope

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