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Wednesday, December 28, 2011
No More Paper U.S. Savings Bonds
An era comes to an end for the Treasury Department. After midnight Saturday, no more paper U.S. Savings Bonds. The ornate bonds have been a regular feature in the savings plans of millions of Americans since 1935. But Treasury has been planning to go all-electronic for years. Paper savings bonds purchased through payroll deductions ended in December 2010. Now individual sales will take place only at treasurydirect.gov Treasury officials say the elimination of paper bonds will save $120 million over five years
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4 comments:
They are trash out of the bag these days anyway. Do you really want to invest in a government that is borrowing and spending all of its money to just pay the interest on the money it has borrowed? Really?
Naw. I'd rather keep shopping at Walmart, supporting and investing in China.
We will soon be Chinese citizens anyway.
i spend my bond money on ammo. got to be ready for the future.
They are slowely forcing everyone to go electronic instead of real money.
Soon they will be able to press a key in a computer somewhere and freeze all your assets.
Obamacare gives the government the right to seize your bank account.
Wake up people. Use cash or barter.
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