Obama To Unveil Treasury IRA Plans, Or Planning For A Post-Monetization World

Wondering who will take over the mantle of Treasury bond buyer now that the Fed is stepping away? Curious of the government’s next steps towards repression and control of wealth? Wait no longer. As the AP reports, President Obama will unveil a new retirement savings plan tonight that allows first-time savers to buy US Treasury bonds tax-deferred for retirement. Of course, this is not the mandatory IRA that remains somewhat inevitable (as the muddle-through fails) but is certainly a step in the direction we alerted readers to a year ago by which the government generously offers to help manage your retirement savings. Two words spring to mind… remember Poland.

Via AP,

Eager not to be limited by legislative gridlock, Obama is also expected to announce executive actions on job training, retirement security and help for the long-term unemployed in finding work.

Among those actions is a new retirement savings plan geared toward workers whose employers don’t currently offer such plans.

The program would allow first-time savers to start building up savings in Treasury bonds that eventually could be converted into a traditional IRAs, according to two people who have discussed the proposal with the administration. Those people weren’t authorized to discuss it ahead of the announcement and insisted on anonymity.

Of course, this is not what the CFPB suggested a year ago… We’re sure the government is just trying to protect your retirement account from terrorists. From Bloomberg:

The U.S. Consumer Financial Protection Bureau is weighing whether it should take on a role in helping Americans manage the $ 19.4 trillion they have put into retirement savings, a move that would be the agency’s first foray into consumer investments.

That’s one of the things we’ve been exploring and are interested in in terms of whether and what authority we have,” bureau director Richard Cordray said in an interview. He didn’t provide additional details.

The bureau’s core concern is that many Americans, notably those from the retiring Baby Boom generation, may fall prey to financial scams, according to three people briefed on the CFPB’s deliberations who asked not to be named because the matter is still under discussion.

But it’s getting close.

Though Poland remains the strawman…

BlackListedNews.comPost id = does not exist.

Obama To Unveil Treasury IRA Plans, Or Planning For A Post-Monetization World

FBI Reporting That "Lone Wolves" May Be Planning Attacks -- Episode 215

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FBI Reporting That "Lone Wolves" May Be Planning Attacks -- Episode 215

Seemandhra ministers planning new Political Party - TV5

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Seemandhra ministers planning new Political Party - TV5

France caught planning false flag terror attack in Britain

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France caught planning false flag terror attack in Britain

NJ gay couples in final hours of wedding planning

NJ gay couples in final hours of wedding planning
http://thedailynewsreport.com/wp-content/uploads/2013/10/57dcc__?media=photo&contentId=8ec0f0173eee9923400f6a7067000c58&fmt=jpg&Role=Preview&reldt=2013-10-19T01:54:36GMT&authToken=eNoNyrENwCAMBMCJLD34beOCYSJkpHQpUzB8cvWdeqertUjS3ACQEWfdc9TCRgvRqpLMrkJgi18Bjz8uG2bd2bpriS2c35AfctE0M3d.jpg

David Gibson,left, and Rich Kiamco, right, of Jersey City display their marriage license, which they obtained earlier today, during a rally on the lawn in front of Garden State Equality tonight, Friday Oct. 18, 2013, in Montclair, N.J. The state Supreme Court ruled today that the state must begin granting same-sex marriage licenses. (AP Photo/Joe Epstein)

David Gibson,left, and Rich Kiamco, right, of Jersey City display their marriage license, which they obtained earlier today, during a rally on the lawn in front of Garden State Equality tonight, Friday Oct. 18, 2013, in Montclair, N.J. The state Supreme Court ruled today that the state must begin granting same-sex marriage licenses. (AP Photo/Joe Epstein)

Karen Nicholson-McFadden,left, and Marcye Nicholson-McFadden,center, of Aberdeen, listen as their son Kasey, 14 and their daughter Maya, 10, speak to a crowd of about 150 people gathered on the lawn in front of Garden State Equality Friday Oct. 18, 2013, in Montclair, N.J. The rally was in support of the state Supreme Court ruling that the state must begin granting same-sex marriage licenses. (AP Photo/Joe Epstein)

Troy Stevenson, Executive Director of Garden State Equity, addresses a crowd of about 150 people gathered on the lawn in front of their office Friday Oct. 18, 2013, in Montclair, N.J. The rally followed a state Supreme Court ruling that the state must begin granting same-sex marriage licenses. (AP Photo/Joe Epstein)

Hayley Gorenberg,left, the Deputy Legal Director for Lambda Legal, pops the cork of a bottle of champaign as Udi Ofer, right, the Executive Director of the American Civil Liberties Union of New Jersey, cheers at the end of a rally on the lawn in front of Garden State Equality Friday Oct. 18, 2013 in Montclair, N.J. The state Supreme Court ruled today that the state must begin granting same-sex marriage licenses. (AP Photo/Joe Epstein)

Steven Brunner, left, and Daniel Baum, a same sex couple that applied for a marriage license, speak to the media on Friday, Oct. 18, 2013, in Asbury Park, N.J. New Jersey’s highest court ruled unanimously Friday to uphold an order that same-sex marriages must start Monday and denied a delay that had been sought by Gov. Chris Christie’s administration. (AP Photo/The Asbury Park Press, Bob Bielk)

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TRENTON, N.J. (AP) — Several gay couples in New Jersey are expected to gather late Sunday to wed in ceremonies to be held shortly after midnight.

The last-minute weddings were planned after the state Supreme Court last week refused to delay a lower court order for the state to begin recognizing same-sex marriages at 12:01 a.m. Monday.

Gov. Chris Christie’s administration has a pending appeal, but justices said they would not hold up marriages while they consider it. The justices said they did not think the state’s arguments were likely to prevail and that delaying the lower court’s order would hurt couples who would not become eligible for certain federal benefits until they could legally marry in New Jersey.

Newark Mayor Cory Booker and Lambertville Mayor David DelVecchio both plan to lead ceremonies for gay couples at 12:01 a.m. Monday.

Hoboken, Collingswood and a handful of other towns opened municipal offices Saturday to accept applications for marriage licenses from same-sex couples.

Activists still were working Saturday to line up judges who could waive the three-day waiting period for same-sex couples who want to exchange vows first thing Monday. Under state law, couples normally must wait 72 hours after applying for a marriage license before they can tie the knot.

Garden State Equality executive director Troy Stevenson said the effort to get couples hitched without the waiting period was a “work in progress.” He didn’t have specific details on how many judges were available to consider couples’ waivers during the weekend, but he said many marriages will be held across the state at 12:01 a.m. Monday.

Officials noted that state law says couples married legally elsewhere can wed in New Jersey without a waiting period — a provision that appears to apply to many New Jersey couples.

Many same-sex couples began scrambling to plan their weddings shortly after the state Supreme Court issued its unexpected decision Friday. They reached out to florists, photographers, catering firms, banquet halls and other wedding-related businesses to see what was available on short notice.

Justin Jordan, a photographer who shoots many weddings in southern New Jersey, said he’s heard from “numerous couples” since Friday.

“Many people have been waiting anxiously for the chance to get married, and now that they have the chance to do it, they’re jumping at the opportunity,” Jordan said. “But they’re also realizing everything that goes with a wedding, like getting a photographer or video person, buying flowers, arranging for food … it’s a daunting task when you have months to plan, let alone a few days.”

Among those seeking their licenses Saturday morning were Hoboken residents Paul Somerville and Allen Kratz, who have been together since 1985. They were previously married in Oregon in 2004, only to have the union nullified by the state’s supreme court. They also have been part of a domestic partnership in 2006 and a civil union in 2008, both through the city of Hoboken.

The couple said they will receive their license on Tuesday and plan to wed Thursday in a private ceremony. Kratz told The Jersey Journal that it’s wonderful to be able to marry his longtime partner.

“Civil rights always come too early for those in a comfortable position of power and never soon enough for those who have been denied life, liberty and the pursuit of happiness,” Kratz said.

___

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VIDEO: New Poll Finds People Are Delaying Retirement

From a 77-year-old chef to a 96-year-old fishmonger, many people who are at or beyond the age of retirement are choosing to continue working, a new poll finds. (Associated Press)

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VIDEO: New Poll Finds People Are Delaying Retirement

How Monsanto Is Planning To Profit From Climate Change

Not everyone is either worried or skeptical regarding man-made global warming. Mother Jones on how Monsanto is eagerly banking on it:

Data to help farmers grow crops in a changing climate. Climate Corporation, which Monsanto is acquiring, sells detailed weather and soil information to “help…manage and adapt to climate change.” Monsanto thinks the ag data business will be a $ 20-billion market.

Insurance for when it’s too hot, cold, dry, wet, or otherwise extreme outside. Climate Corporation currently sells both federally subsidized crop insurance and supplemental plans.

Drought-resistant corn. Monsanto lists the effects of climate change-related precipitation changes and droughts as a potential “opportunity.” This year, Monsanto started rolling out a new line of patented, first-of-its-kind genetically engineered corn seeds that are resistant to drought.

Cotton that needs less water to grow. The company is piloting genetically modified cotton that that can grow while using less water and survive drought.

The post How Monsanto Is Planning To Profit From Climate Change appeared first on disinformation.

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How Monsanto Is Planning To Profit From Climate Change

Everyone At Office Planning Shooting Spree For Same Day

Everyone At Office Planning Shooting Spree For Same Day

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How Lack of Path Expenses you Thousands - Blog Blueprint