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Not to mention in 1980 you could get a FDIC insured money market rate of 10 % or a 10 yr cd at 12% at most banks.They are forcing you to put assets in unstable markets for yield. Its all fixed.
Stupid article inflation although not measured by the cooked cpi and ppi is everywhere. Couple that with QE and we are in for a bond market blow out one day I just don't know when.
Detroit is a result of so many things. Gangs and drug warfare. Liberal social policies. Corrupt government. Outsourcing of jobs. Its no different from most other big cities. To fix it is probably impossible at this time unless we realize so many things non-political. We must legalize all drugs to take easy money out of...more
Aside from your comment not pertaining to the article you are spot on correct.
No once cares about gang violence in the big cities because of the ethnic groups most concerned and who they vote for. Hell in Baltimore the cons were running the jail and the female guards were having sex with them and selling drugs and th...more
Here we go with more propaganda on not retiring and looking for work when your an old geezer. FU MSN I have paid into SS since 1973 and I want whatever is mine at 62 1/2. Who the F wants to work more than 40- 50 years. Kiss my tax paying and saving ****!!!!
Look at all the money jumping in right now at the high and think of all the 401k money being diverted from the economy into the pockets of wall st and your going to see a bust starting with a bond blow out that will make 29 and 07 look like a walk in the park.
4/11/2013
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