SUBSCRIBE BY RSS rss feed | EMAIL
Natural Solutions Radio header image

Savings

The Fed to Americans: Buy US Debt or Lose Your Savings to the Banks

The war on your savings & retirement continues. In a stunning move, Charles Schwab has started informing its clients that “at least 80% of the fund’s net assets will be invested solely in U.S. government securities…” and removed from money market funds. In other words, Schwab is the first of many brokerages to cave to alarming government pressure and begin permanently unwinding trillions in money market-funds, rotating them into government debt. Why? Because our insolvent government needs YOU to finance its unsustainable $19 trillion debt. Luckily, there’s still one way to protect your savings & retirement before the entire house of cards crashes down.

A New Bill Would Include Nutritional Supplements in Health Savings Accounts


Senator Orrin Hatch (R-UT) and three of his colleagues have introduced S 1031, a bill that would allow Health Savings Account (HSA) funds to go toward dietary supplements without having to get a doctor’s prescription; the same would apply to Health Flexible Spending Accounts (FSAs). The legislation, called the Family and Retirement Health Investment Act of 2013, does this by expanding the term “medical care” to include dietary supplements, and it would allow spending up to $1,000 each year. A companion bill, HR 2194, was introduced in the House by Rep. Erick Paulsen (R-MN).

A New Bill Would Include Nutritional Supplements in Health Savings Accounts


Senator Orrin Hatch (R-UT) and three of his colleagues have introduced S 1031 [2], a bill that would allow Health Savings Account (HSA) funds to go toward dietary supplements [3] without having to get a doctor’s prescription; the same would apply to Health Flexible Spending Accounts (FSAs). The legislation, called the Family and Retirement Health Investment Act of 2013 [4], does this by expanding the term “medical care” to include dietary supplements, and it would allow spending up to $1,000 each year. A companion bill, HR 2194 [2], was introduced in the House by Rep. Erick Paulsen (R-MN).

Cyprus government raids private checking and savings accounts as citizens panic


The day is coming when the U.S. government will claim it "owns" a portion of all our bank accounts, and it will electronically drain our accounts of money in a grand theft scheme designed to pay off the banksters while decimating private savings.