How safe are US treasuries and municipal bonds?
Knowing what you know now, would you invest your retirement savings in US or municipal bonds? How confident are you that with all this runaway deficit spending that you would ever get your principal, much less the accrued interest, you were owed? Will its value have been wiped out by inflation if you were to get paid? There's a lot that still concerns me about our perilous economic situation. A video I watched today brought to surface some of those concerns.
In it two theories were presented that alarmed me the most. First, that John Corzine and the MF Global collapse was actually some form of beta testing for the organized theft of "secure" accounts. And second, that some event like a systemic banking virus would close down all forms of electronic payments and access to your funds via ATMs. Most likely to occur on a Friday afternoon with the assurances it was only temporary. Then by the following Monday the full-scale implementation of martial law. A bit of a stretch perhaps, but certainly a plausible false flag event that might help explain the recent bizarre expenditures to militarize the DHS.
This administration, like several before it, has been less than honest with America. The wealthiest citizens continue to hold a disproportionate amount of political influence, while the middle class endures the theft of it's assets and erosion of it's liberties. I truly fear the onset of some form of perpetual economic slavery. No whips, no chains, and no chance for real economic prosperity. There seems to be a gradual but constant pressure to move us willingly or otherwise, in that direction. Forces at work behind the scenes. The majority of Americans opposed Obamacare, yet it is somehow the law of the land. This administration came into power promising greater transparency and closing the indefinite detention facility at Guantanamo Bay. Not only has it failed to do either, it has expanded many of the programs they had campaigned against and instead they work tirelessly to undermine our bill of rights.
I fear the greatest challenge to our survival is not natural disaster nor some pandemic, but a few self-serving elitists who lack any moral compass. We will need a whole lot more than fire starters, fancy knives or MREs if we hope to survive their plans for us. That is unless we can somehow stop this train wreck before it happens.
Have a nice day!
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Originally Posted by Rick
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