At the second stop of his post-State of the Union road trip, President Obama on Wednesday officially established a new retirement plan for working Americans and promised his broader economic agenda will help rebuild a struggling middle class.
Just after speaking at the U.S. Steel plant outside Pittsburgh, the president signed an order establishing the so-called “MyRa” savings plans, which will allow workers to deposit money into a secure interest-earning account that is backed by “the full faith and credit of the United States government.”
This will get the economy rolling!
WooHoo, we are all gonna be rich...
IF YOU WANT YOUR MONEY, YOU CAN KEEP YOUR MONEY
I wonder if anybody actually read this?
reply to post by xuenchen
Wait a moment or let stop the press, he is creating another way in whish to steal more of the peoples money by the IRS? you got to be kidding, our oversea financiers do not longer trust Americas mighty dollar that they are dumping everyway the can, but we the hard working Americans can trust the IRS and should be depositing our hard earned spare change for retirement accounts?
What the F++++whatever. he, he.
I have to give it to the fed they will do anything to keep screwing the tax payers.
Now I will read more on the subject, because this sounds fascinated, more Ponzi schemes and the IRS is going to guard our money also. he, he. incredible.
How long before he comes out with Obamadollars?
They'll show up when the stock market 'resets'.
In his State of the Union speech, the president pledged to “Offer every American access to an automatic IRA on their job.”
The prior White House statement expanded on the rationale:
Obama's myRA Plan Doesn't Go Far Enough To Fix Broken U.S. Retirement System