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  #1  
Old 08-03-2012, 09:13 AM
Clip-Clop Clip-Clop is offline
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ah, politics..where people can start a rumor without having to worry about proof, and then watch the other guy have to disprove it.

yeah...pension debt continues to hamper cities and businesses (tied to banking, again. declining interest rates are killing these funds), the economy remains sluggish, we continue in the longest war in u.s. history, unemployment only declines because people stop looking for jobs (amazing, isn't it? you're still unemployed, and yet...you're not!), manufacturing is down...

and everyone is focused on whether a guy may have paid taxes. i have far worse concerns about romney. is that an issue? sure? the number one issue? no. where were the concerns about payment of taxes when obama was forming his staff? those people (geithner for one) were still approved. and those weren't rumors-those were facts.

so, everyone...what are the most pressing needs in this country in order of priority? and how do we fix them?
Everything is good, the President is doing a remarkable job, the stimulus worked, go read a newspaper or something.
At the bank yesterday I saw that they have 5 year CDs with a 10K minimum paying up to 1.64%!! Clearly all is well.
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Old 08-03-2012, 09:20 AM
Danzig Danzig is offline
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http://finance.yahoo.com/blogs/break...132824067.html


'destined to implode'

yeah, clip, our top cd where i work is at 2.1%. at this point, i recommend people look into some sort of universal life insurance-typically they still have a interest rate of 3.5-4% guaranteed. that rate sucks, but it's still better than what savings and cd's have, and at least you have a guaranteed face amount! or, there's whole life with guarantees as well. i read a ny times article in their financial section some months back in which financial managers said they were encouraging their investors to buy life ins.
i checked on my husbands 401k plan, still doing well thank goodness. people might want to check on their asset mix-make sure you have some bonds in play.


as for the president-meaningless. and if we have a change come fall, it won't get better. congress is the key!!!!! people vote out your incumbents. we need to break that cycle up there. that's where the reforms need to be made.
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Old 08-03-2012, 10:10 AM
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Riot Riot is offline
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as for the president-meaningless. and if we have a change come fall, it won't get better. congress is the key!!!!! people vote out your incumbents. we need to break that cycle up there. that's where the reforms need to be made.
"Voting out the incumbents" is exactly the mindless response disaster that occurred in downticket races of 2010, giving us the historic Do Nothing Tea Party House.
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Old 08-03-2012, 09:33 AM
Rudeboyelvis Rudeboyelvis is offline
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Originally Posted by Clip-Clop View Post
Everything is good, the President is doing a remarkable job, the stimulus worked, go read a newspaper or something.
At the bank yesterday I saw that they have 5 year CDs with a 10K minimum paying up to 1.64%!! Clearly all is well.



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Old 08-03-2012, 09:44 AM
Danzig Danzig is offline
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Old 08-03-2012, 09:57 AM
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jms62 jms62 is offline
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