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rufianno (95.68)

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Congress is losing its patience with the Fed

November 22, 2009 – Comments (3)

That's the headline that i read on msnbc.I'm going to get dramatic here.THE FEDERAL RESERVE IS DESTROYING THE WORLD WITH DEBT.The article stated one very important point."Congress responds to widespread public anger that the Fed bailed out Wall Street but not ordinary Americans, and with unemployment in double digits".MY POINT IS THIS. THE FEDERAL RESERVE HAS SLAVED THE WORLD WITH DEBTS.THAT'S HOW THE FED MANIPULATE GOVERNMENTS AND ITS PEOPLE.THEY ARE THE MAIN CAUSE OF POVERTY AND WARS.PLEASE ASK CONGRESS TO GET RID OF THE FEDERAL RESERVE.I'M ALREADY DOING MY PART BY LIVING ON CASH ONLY.I REFUSE DEBT.  [more]

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AMERICANS ARE TIRED OF THE FEDERAL RESERVE

October 20, 2009 – Comments (5)

Today i read some great news.Banks are closing consumers credit cards account at an alarming rate even if they are paying on time(http://blogs.moneycentral.msn.com/topstocks/archive/2009/10/20/citibank-yanks-mastercards.aspx) .THIS SIGNAL THE END OF THE FEDERAL RESERVE.Once you screwed consumers, they will not forget.Banks are playing hard ball in order to save the federal reserve.The federal reserve can't survive if people stopped using credit the way we used to before the FINANCIAL CRISIS.AMERICANS ARE DESTROYING THE CREDIT SYSTEM BY SAVING MORE MONEY.THE DAYS OF PEOPLE BECOMING RICH BY USING CREDIT ARE OVER.THE HARD WORKING AMERICANS ARE TAKING THEIR COUNTRY BACK FROM THE FEDERAL RESERVE BY REFUSING CREDIT AND SAVING MONEY INSTEAD.THIS WILL SOLVE OUR ECONOMICS PROBLEMS.This will also fix the financial system by creating a more stable stock market.THE STOCK MARKET GOES UP WHEN PEOPLE INVEST MONEY BY DENYING IT TO THE PRODUCING ECONOMY.EVERYBODY SHOULD READ Congressman RON PAUL's  BOOK Titled  End the Fed   [more]

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TURN WALLSTREET INTO A SERVICING INDUSTRY

September 17, 2009 – Comments (0)

I feel that it is time for the individual investors, including myself to  turn wallstreet into a servicing industry.We need to become savers instead of investors.we need to keep using the stock market as a saving tool instead of investing in it.mutual funds, exchange traded funds, etc were created for individuals that wanted to use the stock market as a saving tool instead of assuming the high risks that individual products, stocks, bonds and others have.Yes i know that in the past i have complained about the high fees, that managers charge in order to save or as you call it invest in mutual funds and exchange traded funds.But we can change that by making wallstreet compete for our saving dollars.Why should i assume the high risks that individual tocks, bonds and other products have, when i can have the greedy wallstreet package them for me in great investment products like they did with the regular INDEX FUNDS AND EXCHANGE TRADED FUNDS.I make wallstreet work for me the way that institutional investors do.Institutions don't invest directly most of the time. People manage the institutions funds for the lowest possible fees.Why is that? because a dollar saved is power.  [more]

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INVESTORS ARE GETTING ROBBED BY INVESTMENTS FEES

August 11, 2009 – Comments (0)

I have come to the conclusion that investment fees those besides of your initial purchase are dangerous over the long-term.  Has it come to your mind that you can be rob legally by investments that charge additional fees to keep your money invested with them( mutual funds,index funds,direct drips,exchange traded funds, hedge funds) etc.  Let me give you an example, lets say you invest in an s&p 500 index tracking product, that includes an index mutual fund or exchange trade fund.  You start investing $1000 annually with an initial investment fee of .10 , and lets say that when you have accumulated a million dollars in your account ,you received a letter saying that the fees structure has been changed to $1.  Are you going to be able to withdraw your million dollars without incurring such a hefty fee of $1?.Therefore, i feel that when you pay investment fees to keep your money invested, you are being robbed legally. What to do do about it?  [more]

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NICE APRIL FOOL MOTLEY FOOL

April 02, 2009 – Comments (0)

YOU APPLIED FOR $25 MILLIONS OF BAILOUT MONEY. SOUNDS LIKE AN APRIL JOKE TO ME.

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