Jesse's Café Américain

"Senators disturb us by reminding us of the possibility of large numbers swarming from China; but the answer to all this is obvious and very simple. If the Chinese come here, they will come for citizenship or merely for labor. If they come for citizenship, then in this desire do they give a pledge of loyalty to our institutions; and where is the peril in such vows? They are peaceful and industrious; how can their citizenship be the occasion of solicitude?"
Senator Charles Sumner, 1870

Showing posts with label R Bonds. Show all posts
Showing posts with label R Bonds. Show all posts
08 January 2010

Obama Administration Wants to Annuitize 401k's and IRA's - Mandatory "R Bonds"

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As a rule of thumb, the worst possible time to convert lump sum savings into a fixed income annuity would be when interest rates are histori...
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