They said America would go to hell if we elected a black president.
We elected a black president.
Things are going to hell.
We elected a black president.
Things are going to hell.
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The KKK was right after all!
- Thread starter Loren Pechtel
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Sweet jebus, wutta pair of tools.
- Joined
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- Frozen in Michigan
- Gender
- Old Fart
- Basic Beliefs
- Don't be a dick.
Copernicus
Industrial Grade Linguist
Right. The evangelicals did not turn out to defeat Obama in 2012, and we did end up with something "much, much worse than socialism". It gets worse every day now.
Underseer
Contributor
Right. The evangelicals did not turn out to defeat Obama in 2012, and we did end up with something "much, much worse than socialism". It gets worse every day now.
Are you saying fascism is a bad thing? I hope you don't trigger anyone. Being anti-fascist is the worst thing anyone can be.
Underseer
Contributor
Hey, speaking of racism, I guess we don't need dog whistles anymore.
RVonse
Veteran Member
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I voted for Obama and things are not going to hell for me! Economically, finances have shifted massively in my favor over the past year or two. My IRA is way up, the rental homes that I own are worth 1/3 to 1/4 more now, I have absolutely no debt, and am presently looking into the purchase of treasury bills simply because I can no longer put my excess wages in the bank (or it wont be insured). The only bad I can think of is that I am working around 80 hours a week because they (US Steel) are short of help right now. But I view that as a good problem to have. Admittedly, I am probably living in just the right area of the country right now and also having the right job. I wish I were younger again, but other than that my life is going pretty well.Things are going to hell.
So what is going to hell for you, Loren? And yes, a serious question.
laughing dog
Contributor
With interest rates likely to rise, bond prices are likely to fall. If you are planning to buy treasury bills or bonds for investment purposes, now is a bad time to do so - you are more likely to see a fall in the value of your bonds.I voted for Obama and things are not going to hell for me! Economically, finances have shifted massively in my favor over the past year or two. My IRA is way up, the rental homes that I own are worth 1/3 to 1/4 more now, I have absolutely no debt, and am presently looking into the purchase of treasury bills simply because I can no longer put my excess wages in the bank (or it wont be insured). The only bad I can think of is that I am working around 80 hours a week because they (US Steel) are short of help right now. But I view that as a good problem to have. Admittedly, I am probably living in just the right area of the country right now and also having the right job. I wish I were younger again, but other than that my life is going pretty well.Things are going to hell.
RVonse
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I'm still learning so maybe you can help me out. According to what I have read on the internet, a 3 month treasury bill will yield about 2.5% interest. That is about 2.5% that I don't get at Bank of America right now. Are you saying that if I buy a 3 month treasury bill that I might not get 2.5% interest if the FED decides to raise interest?With interest rates likely to rise, bond prices are likely to fall. If you are planning to buy treasury bills or bonds for investment purposes, now is a bad time to do so - you are more likely to see a fall in the value of your bonds.I voted for Obama and things are not going to hell for me! Economically, finances have shifted massively in my favor over the past year or two. My IRA is way up, the rental homes that I own are worth 1/3 to 1/4 more now, I have absolutely no debt, and am presently looking into the purchase of treasury bills simply because I can no longer put my excess wages in the bank (or it wont be insured). The only bad I can think of is that I am working around 80 hours a week because they (US Steel) are short of help right now. But I view that as a good problem to have. Admittedly, I am probably living in just the right area of the country right now and also having the right job. I wish I were younger again, but other than that my life is going pretty well.Things are going to hell.
sharon45
Veteran Member
One's trash and easily be another's treasure.
lpetrich
Contributor
This is what she brings to mind: the alien pizza bats of ST:TOS Operation: Annihilate! and their destruction of the colony on planet Ingraham B.
I voted for Obama and things are not going to hell for me! Economically, finances have shifted massively in my favor over the past year or two. My IRA is way up, the rental homes that I own are worth 1/3 to 1/4 more now, I have absolutely no debt, and am presently looking into the purchase of treasury bills simply because I can no longer put my excess wages in the bank (or it wont be insured). The only bad I can think of is that I am working around 80 hours a week because they (US Steel) are short of help right now. But I view that as a good problem to have. Admittedly, I am probably living in just the right area of the country right now and also having the right job. I wish I were younger again, but other than that my life is going pretty well.Things are going to hell.
So what is going to hell for you, Loren? And yes, a serious question.
Well, his "tax cut" saved me less than his meddling with the insurance cost me--and now he's trying to completely destroy it with those short-term plans. I have no other insurance option but the ACA. I'd hate to think what the walk-up rates would have been for the kidney stone I had last week.
However, I was more referring to America in general. His Flatulence's version of America is not a place to be proud of.
You'll get the 2.5% (assuming that's the current rate, I haven't looked.) What he's referring to is more a factor with the long term bonds--when the interest rate goes up the price of the bond goes down--you wouldn't be able to get the full value other than by holding it to maturity. That's not a big issue on a 3 month note, though.
sharon45
Veteran Member
You definitely have this right.