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Current Events => The DUmpster => Topic started by: GOBUCKS on May 06, 2013, 02:09:26 PM

Title: DUmmy Bennyboy Discovers An Economic Disaster
Post by: GOBUCKS on May 06, 2013, 02:09:26 PM

Yikes! the banks are stealing our IRAs!
I wonder how much DUmmy Bennyboy has in his IRA. Thirty per cent less after that bank charge, I guess.

Also, note that the diabetic DUmmy Bennyboy is in the second month of a hunger strike.
I'm not an expert, but imagine it's unusual for a diabetic to eat nothing for two months.

Quote

Mon May 6, 2013, 02:53 PM
Bennyboy (8,981 posts)
 
Help me find something please
I am looking for the story about the banks screwing 401K owners. the story is based on percentages and it stated tht the banks were taking 30% or more of everyone's IRA. This story was last week and I cannot find it now and really need it. Pretty sure I saw it here, but not positive. Alternet, Buzzflash or Common dreams would be the other choices)
 
thanks a lot

http://www.democraticunderground.com/10022806015

I think the squeamish carcinoma has invaded his brain.

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: Karin on May 06, 2013, 03:39:14 PM

It's hyperbolic bullshit from the Occupy dungeon at the DUmp.  In part, one of the articles reads:

Quote

If you work for 50 years and receive the typical long-term return of 7 percent on your 401(k) plan and your fees are 2 percent, almost two-thirds of your account will go to Wall Street.

 :lmao:  DUmmie high finance!  Math is hard. 

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: Texacon on May 06, 2013, 05:31:03 PM

Yeah, it's much better to let the government have your money and give you a 2% return at THEIR discretion. Yup, sounds like a good retirement plan to me!

KC

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: DumbAss Tanker on May 06, 2013, 07:31:51 PM

Was his IRA in Cyprus?

 :rotf:

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: A7X_foREVer on May 06, 2013, 07:36:22 PM

Got to love how the government loves to keeps its hands in our pockets

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: jukin on May 06, 2013, 11:46:19 PM

Thanks to 0bama the Zero Interest Rate Program or ZIRP, is screwing everybody BUT the public employee unions that need a 8-9% ROI to make every PEU member a millionaire. Wait until a republican becomes president and then the wails of the seniors are starving will be heard around the world.

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: diesel driver on May 07, 2013, 08:05:14 AM

DUmmy Bennyboy Discovers An Economic Disaster

Hey DUmmie Bennyboy,

We knew this back in early November, 2008.  A little slow on the uptake there, bud?

And you DUmmies call us the "stupid" ones.    :lmao:

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: JohnnyReb on May 07, 2013, 09:05:36 AM

Opportunity
Builds
Assets
My
Ass

Title: Re: DUmmy Bennyboy Discovers An Economic Disaster
Post by: BlueStateSaint on May 07, 2013, 12:28:23 PM

Quote from: JohnnyReb on May 07, 2013, 09:05:36 AM

Opportunity
Builds
Assets
My
Ass

That's good.  H5.