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Five states in the U.S. are technically bankrupt. There is chat of necessitating perform for welfare. Indeed! Do it! 41 million Us citizens are on meals stamps. That number is up a whopping 45 per cent considering that President Obama was elected. What's up with that! Is it a new sort of farm subsidy? Huge socialist government just does not operate.
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And guess what? The little one boomers--the first of whom (like myself) were born in 1946, are moving into retirement age. In 1999, the oldest boomers ended up fifty three several years outdated--accumulating money as quickly as we could for retirement. Two % or three%25 dividend yields did not assist significantly throughout the accumulation period of our life.
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