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When George Clooney Starts Pitching Government Bonds...

Tyler Durden's picture


Submitted by Simon Black of Sovereign Man blog,

Last week in his State of the Union address, the President of the United States laid the groundwork for a new government program he calls “MyRA”.

As he explained to the American people, this program will allow US taxpayers the ability to loan their retirement savings to the federal government (which, according to POTUS, carries ZERO risk).

Given that US Treasury yields fall far below the rate of inflation, this is a big win for the government, and a big loser for the poor suckers who loan them the money.

The President then hit the road, touting his one-of-a-kind program. The Treasury Secretary hit the newspapers, encouraging Americans to enroll.

I can see this unfolding like a War Bonds campaign, appealing to Americans’ love of country to get them to loan their money to the government at sub-inflation yields.

In Italy they’ve already used football stars in patriotic appeals to get Italians to buy government bonds. In Japan they use teenage girl bands to entice wealthy Japanese businessmen to open their wallets for government bonds.

So let’s see how long it takes for George Clooney and Matt Damon to make the pitch for the MyRA program… and how long after that it becomes mandatory for all Americans.

Meanwhile, the IRS is doing its part.

One of the best solutions that we’ve discussed in the past to liberate your IRA from this destructive trend is to set up a particular type of self-directed IRA.

But the IRS has been intentionally making it more difficult to set up these structures over the past year. Now there’s even more roadblocks.

In order to set up this type of structure, it’s imperative to first obtain a tax ID number. But due to agency budget cuts, the IRS is no longer issuing tax ID numbers for domestic entities through its call center. They’re saying that now you HAVE to use the online system.

This is one website that the government actually got right. The tax ID application website is fairly straightforward, and it works great. EXCEPT if you are trying to set up this type of IRA.

So if you’re an individual trying to obtain a tax ID number for your new company, no problem. The online system works great.

But if you punch in that you are setting up a company to be owned by your IRA (or some other entity), then suddeny the system crashes and times out.

I had my staff ring up the IRS yesterday to demand an answer. After two phone calls, each with a 30+ minute wait time to reach a human being, we finally got an answer. Confirmation, actually.

The agent told us that yes, in fact, the online system has been programmed to intentionally reject tax ID number applications for companies that are owned by entities like an IRA.

So they have essentially eliminated the option to apply online. But they won’t let you apply over the phone either.

You can apply through the mail, but that will take 30-days, according to the agent. Or by fax, provided that you first cough up all sorts of other documentation.

It certainly begs the question– at a time when the President of the United States is whipping up excitement over this new program to loan the government your retirement savings, why is their tax agency putting up huge roadblocks for Americans who don’t want to become victims?


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Fri, 02/07/2014 - 14:30 | 4412511 DoChenRollingBearing
DoChenRollingBearing's picture

George Clooney is just another Hollywood libtard.  Not sorry for any offense.

MyRA?  No thanks.  I even dumped my IRA in 2008.

Fri, 02/07/2014 - 14:31 | 4412521 Pladizow
Pladizow's picture

At least for now they are asking!

Fri, 02/07/2014 - 14:38 | 4412560 TruthInSunshine
TruthInSunshine's picture

It should be Ron Burgundy or Ron Jeremy, to fit in with the theme of the Obama era (and to be consistent with the marketing of ObamaCare to young Americans).

Fri, 02/07/2014 - 14:45 | 4412587 THX 1178
THX 1178's picture

George Clooney? Ain't that the guy that broke into Andy Garcia's Casino?

Fri, 02/07/2014 - 14:48 | 4412606 Headbanger
Headbanger's picture

Desperate measures for desperate times.

Obama knows the Big Banks and the Fed are leaving him now that he's politically powerless

Fri, 02/07/2014 - 15:00 | 4412674 Fish Gone Bad
Fish Gone Bad's picture

Get AKB48 to do the job.  It worked in Japan.

Fri, 02/07/2014 - 15:47 | 4412846 Jaspergers
Jaspergers's picture

Was just about to say the same thing FGB, the cloontang just stooped to AKB48's level lol. 

Fri, 02/07/2014 - 16:22 | 4412959 EscapingProgress
EscapingProgress's picture

MyRA isn't a loan to the gov't. It is a gift. It would only be a loan if there was an intent to pay it back.

Fri, 02/07/2014 - 22:15 | 4414163 SoilMyselfRotten
SoilMyselfRotten's picture

We have the polished actor and we have George Clooney

Sat, 02/08/2014 - 00:32 | 4414450 rustymason
rustymason's picture

Ha, I see what you did there.

Sat, 02/08/2014 - 08:14 | 4414711 MagicHandPuppet
MagicHandPuppet's picture

They are definitely coming for our self-directed IRAs. And you will lose big with your MyRA. This is why I opted for a self-directed MyFU-MFers! It's made up of physical gold and silver that I keep with me.

I just hope nothing happens to it on my next Great Lakes boating trip.

Sat, 02/08/2014 - 09:01 | 4414744 johnQpublic
johnQpublic's picture

Iiiiii am a maaan

of constant sorroooow

put all my cash

in myRA

i bid farewell to old kentucky

where rand paul spends his days

Sat, 02/08/2014 - 09:39 | 4414764 GetZeeGold
GetZeeGold's picture



The sequel to My Ra......will be My Bail-InTM

Fri, 02/14/2014 - 18:29 | 4437763 HardlyZero
HardlyZero's picture

Wild Rumor: Jon Corzine will be MyRA Czar ?

Jon Corzine ???

Fri, 02/07/2014 - 17:10 | 4413119 Freddie
Freddie's picture

No.  It's the George Clooney that has a variety of "beard" girlfriends.  Just like Rock Hudson had a beard "wife."

Fri, 02/07/2014 - 15:34 | 4412810 TheFourthStooge-ing
TheFourthStooge-ing's picture

When George Clooney is pitching...

...Obama is catching.

Fri, 02/07/2014 - 16:08 | 4412913 Four chan
Four chan's picture

those gay obama stories durring the time frame that joint smoking hat wearing picture was taken are interesting. 

not that theres anything wrong with that.

Fri, 02/07/2014 - 17:39 | 4413223 lakecity55
lakecity55's picture

That is why he has TOTUS; he gets sidetracked watching all of the men in the audience. With TOTUS he stays on script.

Fri, 02/07/2014 - 14:41 | 4412564 StacksOnStacks
StacksOnStacks's picture

That's just because they know they are fucking you either way.

Fri, 02/07/2014 - 14:35 | 4412542 jcaz
jcaz's picture

You first, George-  put ALL your dough in a MyRa,  I might buy tickets to your next flick....

Now dance for me, monkey-  dance....

Fri, 02/07/2014 - 14:41 | 4412562 Ignatius
Ignatius's picture

And I wanted to like Clooney.

What a cunt.

Fri, 02/07/2014 - 17:13 | 4413129 Freddie
Freddie's picture

And I wanted to like Clooney.

Wow. My gaydar almost went off there for a second.   It sure does when I see Clooney.


Fri, 02/07/2014 - 14:45 | 4412584 Never One Roach
Never One Roach's picture

I'm waiting for Barry to offer MyGoldIra.

Sat, 02/08/2014 - 00:05 | 4414403 AGuy
AGuy's picture

"I'm waiting for Barry to offer MyGoldIra."

Did you mean HisGoldIra, or BarryGoldIra?

Fri, 02/07/2014 - 15:29 | 4412791 Final Authority
Final Authority's picture

Up vote for honesty and taking rational action to protect your property. I am a slow learner and did not get around to dumping the FEDS, and their pals the Feds, out of my life until 2010.

Fri, 02/07/2014 - 16:18 | 4412952 Agstacker
Agstacker's picture

I wonder how many bonds Clooney purchased?

Sat, 02/08/2014 - 11:42 | 4414918 HardAssets
HardAssets's picture

Agreed about Cloney (more of the same).


For all those newbies to ZH - - - - the actors you watch on t.v. and the movies Aren't really the hero types they play.

They make a living playing make believe . . . . kinda like you when you were 4 years old.

Fri, 02/07/2014 - 14:31 | 4412522 stant
stant's picture

"we got this here depression goin on" soon to be called war bonds

Fri, 02/07/2014 - 14:56 | 4412644 Meat Hammer
Meat Hammer's picture

I though it was war first, bonds later.  Fuckin Putin.

Fri, 02/07/2014 - 14:36 | 4412530 TideFighter
TideFighter's picture

Oh Brother, Where Art Thou. Thou not be in a MyRA, Georgie. 

Fri, 02/07/2014 - 14:34 | 4412532 El Vaquero
El Vaquero's picture

Fred Thompson is already shilling for the banks by pitching reverse mortgages.  Why not have George Clooney pitch for a government scam?  It'll be red team vs blue team!  One pitches for "private" industry while the other pitches for more government largesse.  Both sides of the same coin will be at an all you can financial rape buffet!


Or they can all go choke to death on some bags of cocks.  I think I like that option better.

Fri, 02/07/2014 - 15:29 | 4412799 Common_Cents22
Common_Cents22's picture

reverse 401k and reverse IRA's, brilliant!    Lend you your own money at usurious rates.

Fri, 02/07/2014 - 14:40 | 4412537 Grande Tetons
Grande Tetons's picture

So let’s see how long it takes for George Clooney and Matt Damon to make the pitch for the MyRA program

Obama's 11...just need nine more men to pull off the con. 

...or 8 more men and one broad with a face like Mr. Ed. 

Fri, 02/07/2014 - 14:43 | 4412586 Being Free
Being Free's picture

one broad with a face like Mr. Ed

John Kerry in drag might work.

Fri, 02/07/2014 - 14:51 | 4412614 Grande Tetons
Grande Tetons's picture

Allright, then. Mr. Kerry report to the casting couch with Mr. Clooney. 

Fri, 02/07/2014 - 14:47 | 4412603 Alex Kintner
Alex Kintner's picture

Matt Damon has long since given up Hope on the Change-master. 

But Clooney, must be have some 'friends with benefits' type deal going on.

Fri, 02/07/2014 - 23:04 | 4414272 TBT or not TBT
TBT or not TBT's picture

Damon was frustrated Obama didn't do more damage to the republic, faster. Essentially.

Fri, 02/07/2014 - 14:34 | 4412538 maskone909
maskone909's picture

dear stupid fucks

by more bonds so we can continue to build our domestic spying infrastructure and shit all over the constitution.

your friend,


Fri, 02/07/2014 - 14:39 | 4412553 Rising Sun
Rising Sun's picture

dear george


fuck off and die


your friend,


the planet

Fri, 02/07/2014 - 14:34 | 4412539 NoDebt
NoDebt's picture

If Obama could create a MyRA out of thin air, on his own, with no legislation passing Congress, what would stop him from making participation mandatory?  What would stop him from mandating that all retirement accounts (401k, IRA, etc.) have at least 50% of their assets invested in government bonds?

Fri, 02/07/2014 - 15:04 | 4412681 XitSam
XitSam's picture

Nothing can stop Obama. He has a pen and a phone.

Fri, 02/07/2014 - 22:28 | 4414190 nathan1234
nathan1234's picture

Yes. Agreed.

Americans have no balls to stop him.

All he needs is a feather to tickle you to death.

Sat, 02/08/2014 - 00:34 | 4414453 rustymason
rustymason's picture

He really is, "The Magic Negro."

Sat, 02/08/2014 - 02:46 | 4414574 donsluck
donsluck's picture

I never understood the phone part. Who does he have to call?

Sat, 02/08/2014 - 07:48 | 4414690 Moe Howard
Moe Howard's picture

Mr. Rothschilde his boss.

Sat, 02/08/2014 - 16:03 | 4415473 sylviasays
sylviasays's picture

Also George Soros and Warren Buffett like to be kept informed. 

Fri, 02/07/2014 - 15:34 | 4412775 Accounting101
Accounting101's picture

This is a perfect example of why the Oligarchs always win. We all get stupid and start rambling about a "government" takeover off our retirement accounts. Well, it's a takeover alright. The same takeover that has been ongoing for the last 40 years. The same takeover that forced you from a defined benefit plan to a defined contribution plan. Your money, your retirement funds, are being funneled upward.

See, these proposed MyRA ( see IRA) accounts will be capped at $15,000 after which, the account holder must roll the money into a Roth IRA. This exposes the account holder to the whims of the stock market and Wall Street criminals. Obama wants private retirement accounts and he is giving Wall Street exactly what they paid for in the 2008 election cycle.

All this stupid ass shit about Obama being a socialist is a colossal joke. He gets up every morning and doggedly works for his masters, the financial services industry and the big banks.

Yes, there has been a takeover of retirement security. Wall Street is your master now.

Fri, 02/07/2014 - 15:47 | 4412847 fiftybagger
fiftybagger's picture

"the financial services industry and the big banks" are socialists.

Sat, 02/08/2014 - 12:11 | 4414976 HardAssets
HardAssets's picture

Accounting101 - IMHO youre right on target.

This is an ancient story - - - socio-path/psycho-paths as parasites living off the rest of the population. (Not only do they live off We The People - - - they actually get some kinda sick sadistic enjoyment from hurting others).

They use whatever instrument they can to achieve their objectives including the money system and 'laws'.

So, there is no solution coming from them and all thats sold as such, - is a fraud.  Thus there was 'social security' which was robbed but promoted as being for 'peoples wellbeing'. Same with 'defense spending' and the war on 'terror' to supposedly 'protect' us. And the same with various IRA 'peoples retirement' schemes and nationalized 'health care'.

When the hell will people stop thinking like children and see that 'they' aren't really their Mommy & Daddy ?

The socio-path/psycho-paths don't give a damned about you & me and our families. As a matter of fact, they despise We The People as being naive & easily manipulated chumps.

(One small example - - - LBJ used to call the people waving & cheering for him 'dumb stupid b*stards' in a lowered voice as his presidential train passed by the crowds.)


Sat, 02/08/2014 - 12:14 | 4415011 RaceToTheBottom
RaceToTheBottom's picture

WS and its FED and a disfunctional congress cause all this stuff.  Then the MyRA comes in to save us all.  To be managed and profits taken by the same WS Scum who caused it all. 

Great work if you can get it....

Sat, 02/08/2014 - 14:03 | 4415224 truthseeker1
truthseeker1's picture

where can i find more info about this Myra plan and the process of how a defined benefit planned switched to a define contribution plan?

Fri, 02/07/2014 - 16:21 | 4412970 Greenskeeper_Carl
Greenskeeper_Carl's picture

He very well may be able to accomplish this in some manner by executive action. Not saying it is actually constitutional, but when has that stopped them. Making it mandatory, with or without congressional consent, however, would likely result in a lengthy court battle. Not optimistic on how that would end. I never would have dreamed obamacare would be found constitutional, but the Chief Justice basically re-wrote the law(thought legislation was supposed to be written by congress?) and called it a tax and ruled it constitutional, so I have no reason to think they wouldn't do the same with what would essentially be a 'gun-to-your-headRA'

Sat, 02/08/2014 - 02:48 | 4414575 donsluck
donsluck's picture

If I could hold on for just 7 more years!!

Fri, 02/07/2014 - 17:33 | 4413203 lakecity55
lakecity55's picture

nothing at all, actually, since nobody yet has the balls to arrest him. he and holder are giving stalin and beria a run for their money.

Fri, 02/07/2014 - 14:38 | 4412545 Rising Sun
Rising Sun's picture

both good actors


both stupid fucks outside of acting


stick to being people other than yourselves there Clooney and Damon - stupid hollywood assholes

Fri, 02/07/2014 - 14:42 | 4412579 El Vaquero
El Vaquero's picture

Damon recently came out and said that he was disapponted in Obama and that he no longer supports him.  We'll see if he puts his money where his mouth is if he is asked to pitch MyRA.

Fri, 02/07/2014 - 14:47 | 4412594 i_call_you_my_base
i_call_you_my_base's picture

I was just going to post that. He may have been fooled by Obama, but at least he admits it now. There's really no reason for him to do something like this.

Fri, 02/07/2014 - 14:51 | 4412613 El Vaquero
El Vaquero's picture

Clooney, on the other hand, is one smug sonofabitch who needs a solid punch right in his cocksucker. 

Fri, 02/07/2014 - 15:31 | 4412798 LFMayor
LFMayor's picture

man, it's not nice to beat up the vertically challenged.   You in some underground dwarf-tossing league?

Fri, 02/07/2014 - 17:31 | 4413195 lakecity55
lakecity55's picture

if he wants to avoid droning, i am sure he will sign up.

Sat, 02/08/2014 - 16:06 | 4415487 sylviasays
sylviasays's picture

Damon is still a freakin gay libtard and a Hollywood idiot who sucks.  

Sat, 02/08/2014 - 10:42 | 4414828 ncdirtdigger
ncdirtdigger's picture

neither one of them act like anyone other than themselves when they are in a movie. You want acting? Look at the different characters that Johnny Deep plays. He's not the same douche in every movie he makes. Clowny is always Clowny and Damon is always Damon, the character plays them, not the other way around.

Fri, 02/07/2014 - 14:39 | 4412550 Norsky
Norsky's picture

In goobermint-speak, "MyRA" means "YourRA" is "TheirRA".

Fri, 02/07/2014 - 14:43 | 4412573 LawyerScum
LawyerScum's picture

MyRA, acronym for My Rectal Assault.

Fri, 02/07/2014 - 16:37 | 4413021 Greenskeeper_Carl
Greenskeeper_Carl's picture


Fri, 02/07/2014 - 14:38 | 4412556 European American
European American's picture

Fuck George Clooney. Just because he happens to be skilled at pretending to be somebody else doesn't mean he doesn't have multiple personality disorder.

Fri, 02/07/2014 - 15:36 | 4412819 Buckaroo Banzai
Buckaroo Banzai's picture

Actors are professional narcissists. No surprise they love the world-class narcissist, Obama.

Fri, 02/07/2014 - 14:41 | 4412561 Mi Naem
Fri, 02/07/2014 - 14:41 | 4412566 The_Ungrateful_Yid
The_Ungrateful_Yid's picture

Fuck all these hollywood left winged assholes. Wish more would have followed the heroin addict that just died.

Fri, 02/07/2014 - 15:33 | 4412803 LFMayor
LFMayor's picture

Finally beat his heroin addiction!  Just like that fat assed dago Jimmie Gandolfini beat his after dinner 7 bourbons and 2 extra large shrimp cocktail platters with double sauce.

Fri, 02/07/2014 - 14:42 | 4412569 superflex
superflex's picture

He's a douchbag sock puppet and unfortunately related to me.  His father Nick, is my mother's second cousin.

I cashed out one of my 401k's last year and bought Au/Ag in $9000 increments.  I'd rather pay the 10% penalty than to see it end up another .gov ponzi.

Fri, 02/07/2014 - 14:44 | 4412591 gbresnahan
gbresnahan's picture

similar thing to what i'm doing.  i'd rather get my money today with the 10% hit than in the future when it will be worth far less than it is today.

Sat, 02/08/2014 - 02:53 | 4414579 donsluck
donsluck's picture

Superflex and gbresnahan are both idiots. Everyone else - do not cash in your IRA or 401k, direct it in the proper direction! If you cash out it's a 10% hit PLUS it's taxed as income. Stupid!

Sat, 02/08/2014 - 03:32 | 4414605 El Vaquero
El Vaquero's picture

10% plus taxes or 100% in outright fraud.  Take your pick.  If you have a retirement account, you have a choice between just the tip, or the whole goddamn shaft.  Did I mention that they're manufacturing anal lube with the sand for your discomfort already included? 

Fri, 02/07/2014 - 15:03 | 4412690 shovelhead
shovelhead's picture

I got you beat in the family shame dept.

Hillary and I shared a grandmother about 12 genererations ago.

Along with the Duchess of Cornwall, Camilla.

The up side is Shania Twain is also a cousin.

So we all ain't as ugly as sin.

Fri, 02/07/2014 - 15:34 | 4412807 LFMayor
LFMayor's picture

Dood, put in a good word with your cousin for me!

Sat, 02/08/2014 - 03:45 | 4414611 El Vaquero
El Vaquero's picture

Time to brag:


My great great great aunt was the mother of one Frank James and one Jesse James.  Fuck Robert Ford.


OTOH, we all have relatives that we are embarrassed by in one way or another.  Imagine what it's like when your full blown schizophrenic cousin who is not on any meds shows up out of the blue and you later have to explain that to others.

Fri, 02/07/2014 - 22:12 | 4414147 tony wilson
tony wilson's picture


what can i say the faggot is part of your family.

i am sorry for the pain this must cause.

the very idea that they allow this clown clooney to kiss children at nestle coffee shows is tearing me apart.

this turd actor that sucks old jewish mens  near dead cocks for acting jobs, should not be allowed to shake the publics hands or kiss them.

unless through a medical tarpauline and close nsa surveillance.


no disrespect to the family but dis guy your kin is a fuckin degenerate.

Fri, 02/07/2014 - 14:44 | 4412577 alien-IQ
alien-IQ's picture

"You do a commercial, you're off the artistic roll call, forever...You're a corporate fucking shill, you're another whore at the capitalist gangbang, and if you do a commercial, there's a price on your head, everything you say is suspect"

Bill Hicks

Fri, 02/07/2014 - 15:49 | 4412854 wretch
wretch's picture

Bill Hicks -- another dead hero.

Fri, 02/07/2014 - 17:10 | 4413117 Loose Caboose
Loose Caboose's picture

"By the way, if anyone here is in advertising or marketing ... kill yourself."

Bill Hicks

Fri, 02/07/2014 - 14:44 | 4412588 kevinearick
kevinearick's picture

San Jose Sharks, Not

The empire ponzi, natural resource control, has been with us for a very long time. Employing the “oligarch’s” measuring instrument, ignorance parading as certified knowledge, is the surest path to failure. Price inflation is price inflation, loss of system purchasing power and declining standards of living, whether it first appears in real estate or anywhere else.

Price inflation is a transfer of purchasing power to the top of the ponzi at a cost to the entire system. The only possible outcome is income inequality, fewer economic slaves controlling more economic slaves, to the past. Funny, how the majority now going over the demographic cliff, screaming bloody murder, does not examine majority behavior.

Over 45% of those working in San Jose for the oligarchs, rolling out the spy network wrapped in eye candy, driving global income inequality accordingly, are making six figures and driving RE price inflation, but they cannot seem to provide for the other half. The only way San Jose, Seattle, DC or any of the other proffered economic prototypes can serve as a path to the future is if global population is on a curve to double, faster than the last double, and the majority finds itself in a demographic bust.

America doesn’t have the poorest results at the highest cost by accident, that $50T didn’t disappear down the extortion rat hole by accident, and they don’t call them MOBsters by accident. If you look, you will see that $100k salary on a $750k mortgage for a hole in the wall represents a substantial decline in standard of living, and the oligarchs so supported globally are experiencing a decline relative to their predecessors as well.

America has been hollowed out by the majority as empire operators have transferred operations elsewhere. That’s what all those wars were about, paving the way. That $100k/yr can’t buy you what you could get for free before the demographic boom. Giving natural resources to Kissinger & Kids in Asia in exchange for worthless paper is not an economy.

As a pair of single people pretending to be married, it makes sense to sell natural resources for paper, to the end of driving a disposable Porsche. They have no future. From the perspective of labor, that’s pretty damn stupid because there will be nothing left for the children and NPV depends upon their future.

Breeding ignorance is the path to death, which the majority takes every time, recreating the oligarchs they so richly deserve in the process. Switches create and destroy time. The oligarchs are nothing more than echoes, transported by one wave of ignorance followed by the next. What is the path of electricity in DNA?

Funny, I spent quite a bit of time in Palo Alto / Stanford, back when you could get a decent omelette, a decent bloody mary, smoke a Cuban cigar in the bar and play chess with the mighty morons. Now you get a cup of over-priced coffee in a café full of sardines, with others who believe that being last to lose is winning. Yes, from the perspective of the majority, I am part of the problem.

The morons are well on their way to $75T and will probably hit $100T by the time Germany is done repeating its history, with nothing to show for all that paper but RE price inflation, declining standards of living and a demographic bust. Not everyone wants to be the biggest sardine in a can, and if you know anything about San Jose, you know who I am talking about. If not, just replace with your local tyrant.

Toys, TV and manufactured food – of, by and for the majority, is not wealth. We are all renting our time on this planet. Attention spans vary inversely with public education. Look it up. False Assumption #1 examination, denial, anger, FA#2 examination, anger, denial, ….

Feed your children healthy food, change their diapers when they need to be changed, check their temperature, give them a bath before bed, and reward them when they think for themselves with the opportunity for more of the same. The majority is always the counterweight, because the consensus captured by History cannot hope to regulate the thinking individual. Life is about diversity, not scale stupidity.

The majority systematically loses its ability to rear children, chasing derivative control, so expect them to come after yours. That’s what public school is all about. Don’t send your kids to school without an education.

Fri, 02/07/2014 - 16:22 | 4412974 fiatmasochist
fiatmasochist's picture

Appreciate your thoughts, very creative and thought-provoking...and motivating. Invest more skill in the craft of writing, and you would be a blogger I would eagerly read. Your perspective strikes a chord and more from you would be welcome. Thank you.

Sat, 02/08/2014 - 12:20 | 4415024 RaceToTheBottom
RaceToTheBottom's picture

Kevin, any recommendations?

Fri, 02/07/2014 - 14:46 | 4412592 Johnny Cocknballs
Johnny Cocknballs's picture

I'm surprised there aren't more Hollywood stars urging the public to Stand With Israel to buy it's bondzis.

What's great is that in states and big cities all over the country (Ohio bought over 40 million - Treasurer Mandel** don't you know), politicians and Israel Firsters trying to outdo each other are giving more and more pension fund and presumably other retirement and rainy day cash into dollar denominated bonds that seem to be not only a fuckin' scam, but an obvious one - one that would have been exposed on 60 Minutes and in Time if it involved any other country.


These bonds will pay until they don't, and it's probably a good bet not to buy any Ohio munis...  what I don't know is if the US government has gone full retard and "invested" its own {borrowed} money in some of these bonds...  I'm not aware of it, but I'm afraid to look.


**Mandel was a member of the American Israel Public Affairs Committee at The Ohio State University. In 2008, he attended the 2008 AIPAC Policy Conference in Washington, D.C, where he gave an address, and was quoted as saying “It was inspiring, the young people so motivated and gung ho about strengthening the Israel-United States relationship… Israel is our best friend and ally in the Middle East and it’s important that we maintain a strong and lasting relationship with them.”

At this conference, Mandel stated Iran was a threat, and discussed his divestment initiatives as a legislator in Ohio.

In February 2009, during Operation Cast Lead, the Israeli government issued a statement thanking Mandel for his support of the operation.

Fri, 02/07/2014 - 14:46 | 4412599 Bastiat
Bastiat's picture

When it comes to Israel, the US Government does not require even the promise to repay advanced funds.

Fri, 02/07/2014 - 14:50 | 4412608 NOTaREALmerican
NOTaREALmerican's picture

So let’s see how long it takes for George Clooney and Matt Damon to make the pitch for the MyRA program… and how long after that it becomes mandatory for all Americans.

Everybody knows this is just a speculative sentence, right?

Fri, 02/07/2014 - 15:02 | 4412677 Warhead
Warhead's picture

Real mericans only read headlines. I guess you must not be..oh. yeah.

Fri, 02/07/2014 - 15:12 | 4412722 A. Buttle
A. Buttle's picture

Only the smart n savvy know its speculative, but this is a fringe economics blog inhabited by the non smart n savvy who are all on the government dole and who all benefit from the largess of taxpayer money, right? But as usual, you ask a really good question. 

Fri, 02/07/2014 - 17:12 | 4413128 Loose Caboose
Loose Caboose's picture

Not Damon.  He's gone on record that he is disillusioned with Obama.  Maybe he can get Oprah.

Fri, 02/07/2014 - 14:52 | 4412619 stant
stant's picture

i want to see lady gaga and miley twerking for war bonds

Fri, 02/07/2014 - 15:25 | 4412777 blindman
blindman's picture

or, we have already seen that repeatedly?

Fri, 02/07/2014 - 14:53 | 4412627 blindman
blindman's picture
06 FEBRUARY 2014
Snowden Interview on German Television

Fri, 02/07/2014 - 14:55 | 4412639 blindman
blindman's picture

06 FEBRUARY 2014

David Simon: America As a Horror Show

"There are two Americas - separate, unequal, and no longer even acknowledging each other except on the barest cultural terms. In the one nation, new millionaires are minted every day. In the other, human beings no longer necessary to our economy, to our society, are being devalued and destroyed."

David Simon

Fri, 02/07/2014 - 14:56 | 4412648 monad
monad's picture

Obama has aligned the US government with terrorist organizations. This US government is a terrorist organization. George Commie is in the big club. George Commie is pimping for a terrorist organization. Therefore, George Commie is a terrorist.

Book 'im, Holder.

Fri, 02/07/2014 - 15:04 | 4412668 NuYawkFrankie
NuYawkFrankie's picture

Clooney: a has been that never quite "was".

Next up for Clooney: pitching  Erectile Dysfunction products.

Fri, 02/07/2014 - 15:14 | 4412731 shovelhead
shovelhead's picture


Smiling Bob is a respected national icon.

It's not his fault his boss was indicted.

Fri, 02/07/2014 - 15:06 | 4412693 Iam Yue2
Iam Yue2's picture

It's time to go short Nestlé.

Fri, 02/07/2014 - 15:26 | 4412779 yogibear
yogibear's picture

Clooney trying to get a cabinet position in the next dictatorship.

Fri, 02/07/2014 - 15:49 | 4412859 blindman
blindman's picture

clooney has been cia since forever.
siriana, whatever, and that thing with
brad pit and the fargo lady. not to mention
malkovich ... ongoing holly-mind numbing control
money for nothing, chicks for free, f.. the audience,
pay me!

Fri, 02/07/2014 - 15:58 | 4412887 optimator
optimator's picture

Watch Failsafe again.  Clooney is the B-52 pilot that can't be recalled.

Fri, 02/07/2014 - 16:00 | 4412888 lunaticfringe
lunaticfringe's picture

I wrote about this latest jug fuck and theivery program here.

Fri, 02/07/2014 - 16:10 | 4412920 pitz
pitz's picture

Even the IRS realizes that its not in the IRS's best interests to encourage people to buy such a poor investment which will likely not generate much tax revenue for the IRS. 

Fri, 02/07/2014 - 16:21 | 4412972 Biggieshort
Fri, 02/07/2014 - 16:35 | 4413006 JimS
JimS's picture

I am a little confused with this article. (sorry, I confuse easily) Are you saying that we can no longer set up a "self-directed" IRA, one in which you or I can invest in individual stocks and bonds, without getting a seperate "tax ID number"? Our regular SS number is no longer of use for this purpose?

Fri, 02/07/2014 - 17:24 | 4413171 lakecity55
lakecity55's picture

why is their tax agency putting up huge roadblocks for Americans who don’t want to become victims?


if you think like a communist or national socialist, it will suddenly make sense.

forward, sieg heil!

Sat, 02/08/2014 - 09:46 | 4414768 Accounting101
Accounting101's picture

It's too late. Americans have been forced onto Wall Street, willingly I might add. Like sheep to slaughter. Americans have been victims for 40 years now. We were convinced that defined benefit plans were unsustainable and that the only way to achieve retirement financial immortality was to move into defined contribution plans. Some bullshit about being in charge of your own money and becoming millionaires (little capitalists). Wall Street had our backs. Nothing could go wrong.

My God! The Oligarchs must continually be amazed with our collective stupidity. It's all too easy.

Sat, 02/08/2014 - 12:24 | 4415031 RaceToTheBottom
RaceToTheBottom's picture

WS is mining its customers.

Strip mining has never been sustainable.  Watch for WS to move on to areas of the world that have not been strip mined yet.

I am thinking getting out of WS will eventually pay off, but what do I know?

Sat, 02/08/2014 - 04:56 | 4413228 pashley1411
pashley1411's picture

I know that it puts me on the fringe, but I'm very all right with our President spending his energy on golf games and peddling fraudulent investment vehicles to the rubes.

Beats the shit out of starting WWIII over Syria.

Hell, sell used cars, peddle health supplements, someone introduce the guy to world of warcraft, for crying out loud; whatever it takes.

Sat, 02/08/2014 - 16:17 | 4415515 sylviasays
sylviasays's picture

You must be watching MSNBC again and not getting the facts straight. He already tried to start that WWIII over Syria but it was put on hold--for now.  

Fri, 02/07/2014 - 22:15 | 4414132 tony wilson
tony wilson's picture

if you like your clooney beaten,battered,broiled coma woken and beaten up all over again.

then you can keep you battered broke back nato lovin cock sucking hollywood faggot clooney.

thats a given

you can take that to the bank

Fri, 02/07/2014 - 22:00 | 4414133 q99x2
q99x2's picture

If you love your country you will immediately prepare all military branches for warfare against the globalist invaders and phase out the Federal Reserve and foreign banking interests, as well as, arrest all Rockefellers and Rothschilds for crimes of financial terrorism and treason.

Sat, 02/08/2014 - 16:19 | 4415530 sylviasays
sylviasays's picture

can they arrest George Soros and Warren Buffett too? 

Fri, 02/07/2014 - 22:55 | 4414252 pupdog1
pupdog1's picture

Oh, my.

There's whorin' and then there's whorin'.

Fri, 02/07/2014 - 23:03 | 4414274 Rising Sun
Rising Sun's picture

Saw Gravity with that Sandra bitch George.  It sucked.  You sucked.  Do better next time.


Fucking asshole

Sat, 02/08/2014 - 00:00 | 4414384 JailBanksters
JailBanksters's picture

Thank Gawd for Torrents, you can try before you buy.

I would have wanted my money back, so why did it win so many awards? I'd hate to see the ones that lost, crikey they must of really sucked.



Fri, 02/07/2014 - 23:06 | 4414283 JailBanksters
JailBanksters's picture

All these years they've just taken it, it was tradition. Or rather deny your access to it until your too old to enjoy it.

Fri, 02/07/2014 - 23:36 | 4414345 f16hoser
f16hoser's picture

Who gives a Flying Fuck about George Clooney? He's another over-paid actor. Nothing more.

Fri, 02/07/2014 - 23:41 | 4414348 dexter_morgan
dexter_morgan's picture

Fuck George Clooney, and the other ass-packers out in hollywood. All they are is a good barometer of what NOT to do.

Meesenger of peace.....

Clooney advocates the deployment of a “multi-national” peace-keeping force to end the tribal wars in the Darfur region of western Sudan. Along with fellow actors Brad Pitt, Matt Damon and Don Cheadle, Clooney is one of the organizers of Not on Our Watch (NOW), a humanitarian group that seeks to focus global attention on Darfur.

Clooney is a proponent of limiting the rights of gun owners. In 2003 he courted controversy when he made a mean-spirited joke aimed at the National Rifle Association's then-president, Charlton Heston, who was afflicted with Alzheimer's disease. At a National Board of Review event, Clooney quipped, “The head of the NRA announced again today that he is suffering from Alzheimer's disease.” When asked later if he regretted having made that remark, Clooney responded, "I don't care. Charlton Heston is the head of the National Rifle Association; he deserves whatever anyone says about him.”

Clooney is also an environmental activist. In 2006 he appeared -- along with Robert F. Kennedy, Julia Roberts, and Al Gore -- on the cover of Vanity Fair magazine’s “Special Green Issue,” beneath the headline: “A Threat Greater than Terrorism: Global Warming.”

A number of the films on which Clooney has chosen to work have reflected his political positions. In 2005, for instance, he directed and starred in Good Night, and Good Luck, about leftwing journalist Edward R. Murrow’s attempt to bring down Senator Joseph McCarthy during the Communist scare of the early 1950s. That same year, Clooney starred in Syriana, a politically charged and heavy-handed look at the U.S. oil industry.

While he has contributed money to a number of political campaigns, Clooney generally prefers not to publicly endorse any specific candidates -- because, he says, celebrity endorsements can have a negative impact on campaigns. Thus in 2004 he declined a request asking him to campaign alongside presidential candidate John Kerry. Likewise, he turned down a request by his own father to campaign for the elder Clooney's 2004 congressional run in Kentucky, though he did contribute money to the father's efforts.

From 1989 to 2008, Clooney made $21,900 in political contributions, all of which went to Democratic candidates. Among the more notable beneficiaries were Al Franken, Barbara Boxer, John Kerry, and Barack Obama.

During the 2008 presidential election season, Clooney broke tradition and decided to publicly voice his support for presidential candidate Barack Obama, stating, “I'd love him to be president, quite honestly.” During the campaign season, Clooney was in almost-daily contact -- via text messaging, emails, and phone calls -- with Obama, even offering the candidate advice on foreign policy. Clooney also took part in an overseas fundraising event for Obama.

In January 2008 Clooney was appointed as a United Nations “Messenger of Peace.”

Notwithstanding his forays into political discourse, Clooney has declared that he will never run for public office, explaining that he has “slept with too many women, done too many drugs and been to too many parties.”

Sat, 02/08/2014 - 00:32 | 4414451 abgary1
abgary1's picture

Boy does this sure sounds similar to what happened in Japan.


Sat, 02/08/2014 - 01:45 | 4414543 Downtoolong
Downtoolong's picture

Ten bucks says Clooney isn't investing any of the money he earns pitcing MyRA in MyRA.

Sat, 02/08/2014 - 01:52 | 4414549 A Dollar Short
A Dollar Short's picture

Clooney Tunes.. 

A rump ranger special.

Sat, 02/08/2014 - 05:51 | 4414653 fijisailor
fijisailor's picture

Who cares about whether tax ID numbers are blocked or not.  MyRA or IRA.  You will be bankrupted either way.

Sat, 02/08/2014 - 07:51 | 4414692 GrinandBearit
GrinandBearit's picture

Fuck all these hollyweird Omama zombies.  Never watched a Clowney movie, never will.

Sat, 02/08/2014 - 07:59 | 4414698 dogfish
dogfish's picture

Georges next gig can be singing im a yankee doodle douche bag.

Sat, 02/08/2014 - 08:20 | 4414716 Papasmurf
Papasmurf's picture

People used to have these retirement accounts years ago.  The idea was that each week you put 25% of your pay check in an interest bearing account at the local savings and loan.  This was before American's changed to spending $2 for every  $1 dollar they earned.


Sat, 02/08/2014 - 09:33 | 4414762 d edwards
d edwards's picture

I don't see folks flocking to do this because they don't trust the liar in chief. So eventually the gov't will just put your IRA into a MyRA and you'll have no choice.

This is just the first step in a plan the gov't has been pondering for several years.

Sat, 02/08/2014 - 12:00 | 4414975 Accounting101
Accounting101's picture

No, that is not what will happen. Your Wall Street invested IRA account will be just fine where it is. The proposed MyRA accounts will be capped at $15,000 at which point the account holders will be forced into a Roth IRA. The government will force you into Wall Street.

It been the same old song and dance for the last 40 years. Heads Wall Street wins, tales the middle class loses.

Sat, 02/08/2014 - 12:25 | 4415038 RaceToTheBottom
RaceToTheBottom's picture

We can debase Accounting more till we have more profits.

Sat, 02/08/2014 - 09:45 | 4414767 laosuwan
laosuwan's picture

Jackie Mason called this guy Obama four years ago





Sat, 02/08/2014 - 12:12 | 4415000 AdvancingTime
AdvancingTime's picture

MyRa is DOA as an economic tool and is just another White House distraction to give the appearance they are working. When does a message or communication become propaganda? When we look at the definition of propaganda we find it is a form of communication that is aimed towards influencing the attitude of a community toward some cause or position by presenting only one side of an argument.

Propaganda is usually repeated and dispersed over a wide variety of media in order to create the chosen result in audience attitudes. Today a program at the White House creates a message by spinning, scrubbing, molding, and shaping it, they then send it out to the public. More on the White house message center in the post below,

Sat, 02/08/2014 - 12:46 | 4415083 Cryogenic
Cryogenic's picture

I thought Clooney hit rock bottom when he was doing a coffee ad for Nestle, but I guess that was just an intermediary stop.

Sat, 02/08/2014 - 15:33 | 4415399 Duude
Duude's picture

I don't feel any differerent about Clooney. He still can't act, at all.His politics are regression but so is that of the dear leader.

Fri, 02/14/2014 - 18:28 | 4437768 HardlyZero
HardlyZero's picture

Wild Rumor: MyRA Czar Jon Corzine   ???

Do NOT follow this link or you will be banned from the site!