other investments and put this money into locally owned & operated Banks & Credit Unions, it would TAKE AWAY the power that these Publicly Held Banks have over the people of the United States of America. It's that simple! Most Americans don't know that about 90% of their money that they have invested in their RETIREMENT ACCOUNTS is invested in the stock market. That money IS NOT protected by the FDIC. However, if Americans cashed-in their RETIREMENT ACCOUNTS and put this money into locally owned & operated Banks & Credit Unions they'd be protected for each deposit of up to $250,000.00
Our economy in America has its foundation solidly built on- LIES, DECEPTION, FRAUD, MANIPULATION, GREED, TRICKERY, DEEP CORRUPTION, & the CONSTANT PURSUIT TO FINANCIALLY INJURE INNOCENT Americans, & innocent people all over the WORLD. The Publicly Held companies in the USA are a REFLECTION of our corrupt economy, & our corrupt country which went into a MELTDOWN last year due to all of those elements mentioned above, wouldn't you agree?
Nothing has really changed, correct? The 'way' business is conducted in America is still based on that foundation of- LIES, DECEPTION, FRAUD............. It's only a matter of time until another meltdown occurs, in my opinion. And when it does, Americans will LOSE the rest of what they have invested in this CORRUPT system (Wall Street) that we have in America, right? Remember, EVERYTHING is connected. As more & more foreclosures continue to take place it will create more & more loan defaults, credit card defaults, & even more unemployment, right? Since consumer spending accounts for about 70% of our economy, the economy will naturally shrink, correct?
As the economy shrinks, so do RETIREMENT ACCOUNTS because they are tied to the stock market, which is built on that same foundation of- LIES, DECEPTION, FRAUD....., wouldn't you NOW agree? Think about it, if the economy in the USA wasn't built on the LIES, DECEPTION, FRAUD.........., we WOULDN'T have had a MELTDOWN, correct? An economy that is a 'truly' SOLID economy wouldn't COLLAPSE, right? But HUNDREDS of BILLIONS of TAXPAYER'S dollars needed to be injected into companies like- AIG, GM, Chrysler, Fannie Mae, Freddie Mac, BofA, Wells Fargo, Citigroup, JP Morgan Chase, Goldman Sachs, etc., correct? And don't forget, Countrywide COLLAPSED & needed to be swallowed-up by BofA, just as Merrill Lynch did, right? And don't forget about Lehman. Another example of the U.S. economy!
It doesn't take a rocket scientist to understand that this country's foundation is WEAK, because it's based on LIES. And whenever a LIE is exposed, it will create opinions; NEGATIVE OPINIONS! And we all know what 'NEGATIVE OPINIONS' will do, don't we?
SUGGESTION: Cash-in ALL Retirement Accounts, Stocks, IRA's, 401K's, etc., NOW!!! Put them where it's SAFE, & INSURED! Open up an account at a LOCALLY OWNED & OPERATED bank or credit union that is an FDIC insured bank!!!
P.S. Make sure to 'Google' & watch the following on the web-
INSIDE THE MELTDOWN
THE ASCENT OF MONEY PBS
THE OBAMA DECEPTION
FRONTLINE BREAKING THE BANK
AMERICA: FREEDOM TO FASCISM
*Spread this all over the web at sites like- 'TWITTER' & 'FACEBOOK'.
Good luck to you.
One last thing: For those who may be saying this- "If I cash-in my retirement account now I'll end up paying a penalty & taxes by doing so."
Here's a good response- "The biggest penalty will be the one when it's ALL GONE!" - Jim L., 2006.
Why file a report here? Ripoff Report is a permanent record! Other complaint sites copy our content then remove reports for money.
