Hmm,…..How Could This Go Wrong?

February8

When George Clooney Starts Pitching Government Bonds…

From the article:

Last week in his State of the Union address, the President of the United States laid the groundwork for a new government program he calls “MyRA”. As he explained to the American people, this program will allow US taxpayers the ability to loan their retirement savings to the federal government (which, according to POTUS, carries ZERO risk).

Thank you, but no. Really…..

One Comment:
Fri, 02/07/2014 – 15:22 | 4412959 EscapingProgress
EscapingProgress's picture

MyRA isn’t a loan to the gov’t. It is a gift. It would only be a loan if there was an intent to pay it back.

http://www.zerohedge.com/news/2014-02-07/when-george-clooney-starts-pitching-government-bonds

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Posted February 8, 2014 by Sue Says in category In the News

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