Watch Out- MyRA Accounts Are Coming for Your Money

Wednesday, March 4, 2015
By Paul Martin

GramsGold.com
3/4/2015

Just like Obamacare was designed to lower American’s healthcare costs, when in reality it jettisoned premiums and deductibles into the stratosphere, so the new plan to “do more to help Americans save for reitrement” will turn one’s retirement into financial destitution.

Why would anyone want to invest in government bonds in a country that is already bankrupt to the not-conservative tune of $18 Trillion dollars? How much Kool-Aid can one consume?

Let the propaganda begin – and it will, as CNN printsthis story on the benefits of the new myRA accounts:
“Don’t have a 401(k) or pension at your job? The federal government has an option for you called myRA. The accounts will be backed by the government, charge no fees and you’ll be able to contribute directly from each paycheck.

“Let’s do more to help Americans save for retirement…” Obama said in his State of the Union address last year. “It’s a new savings bond that encourages folks to build a nest egg.” While the accounts offer a risk-free place to invest, the returns won’t be great — at least as long as U.S. interest rates stay so low.

Translated: It’s a new program that systematically steals your money and spends it before you have a chance to ever get access to it.

The Rest…HERE

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