You're pissing in my Cheerios now. What should I do with my money?

And what happens to mortgages? Could something like Charles Schawb really collapse now?

Don't listen to Dr. Ken

Why?

It's all collapsing. Get out.

It's all collapsing. Get out.

Because you are stupid, maybe read some books educate yourself.

We walk, talk, and won't shit our pants

Either burn your money in/on an electric stove (your choice) or put it in a big bank.

It is different because the FDIC is a government entity, with two purposes--to prevent bank failures, and to provide consumers confidence that their deposits (up to $250k) are safe.

They have failed multiple times on goal number one, so I would suggest they have a very poor record of preventing failures.

On two, the government continues to go beyond the $250k limit, so what's the point of having a limit or indeed, the FDIC?

Finally, your company is free to choose whatever insurance company you want, and the amount of coverage you want to pay for. The FDIC is mandatory, as there is not another option that will provide the "FDIC Insured" decal on the door to bank.

Do you not see or "understand" where the word "invest" was used as a way of illustrating how investment of the "deferred" $300 would cause it to "increase exponentially"? Just Asking A Question.

Thus it is not so much the value of the "deferred" $300 that is increasing in as much as it is the money that is made on the $300 that was "deferred" and henceforth "invested". Hopefully you can "understand" now it "works" Brick

It's not. But there will probably be a few more casualties. Schwab is probably fine. They have assets but it isn't a good look.

Some others will fall. And you never know when the dominoes get knocked over.

Now explain how inflation gets it close to $0. That's the point.

Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.

Again, your comprehension needs work.

And how is this for lying by the way? Just Asking A Question.

Pension Contributions in the FY2023 Chicago Public Schools Budget

In FY2023, the total required employer contribution to the CTPF is $860.3 million, of which the State of Illinois will contribute $308.7 million, and CPS will contribute $551.7 million. The CPS portion is covered by the dedicated pension property tax levy.

But a close review of the school district’s finances over the past 20 years finds that revenues never were the issue; Illinois and Chicago taxpayers contributed more than enough money to pay for both, had the funds just been properly managed.

In fact, taxpayer-provided CPS revenue has more than doubled to $5.3 billion since 1997. When measured in per-student terms, CPS revenues grew at more than 1.5 times the rate of inflation during that time period. Despite those growing revenues, CPS leaders have brought the teachers’ pension fund to the brink of insolvency. Now they’re counting on taxpayers to clean up the mess; but taxpayers shouldn’t be forced to bail out a retirement system that’s been corrupted into a political tool.

It's more fun to be a victim

There will never be an effective vaccine. I'll never get one anyway.

Go woke, get broke

https://www.civicfed.org/civic-federati ... nsion-fund

https://www.illinoispolicy.org/reports/cps-pensions-from-retirement-security-to-political-slush-fund/

Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.

Again, your comprehension needs work.

It's more fun to be a victim

There will never be an effective vaccine. I'll never get one anyway.

It's more fun to be a victim

There will never be an effective vaccine. I'll never get one anyway.

:lol:

Damn it might be time to read your own post before hitting submit in case you are about to blow you own foot off

Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.

Again, your comprehension needs work.

Sorry, Frank. Looks like you weren't lying. My bad. I'll bounce from this discussion now.

It's more fun to be a victim

There will never be an effective vaccine. I'll never get one anyway.

Sorry, Frank. Looks like you weren't lying. My bad. I'll bounce from this discussion now

I have to speak about myself in the 3rd person just to have a conversation around here

Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.

Again, your comprehension needs work.

How about you explain how it will not? Explain how you expect $300 today to be worth $300 or close to $300 in 2053? and then I will have no problem with providing an explanation for you?

buried the lead. 45% women, .01% anything but white, BLAME BLACK PEOPLE.

Are you stoned or pissed off, or both, when you create these postings?