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May 21, 2012

Not worth the paper they are printed on....

bondo.jpg
U.S. savings bonds go paperless
Paper savings bonds are history. The paper version is gone as of this year. You can't go to a bank and get one. You can't order one from the Treasury Department. Savings bonds went all-electronic on January 1. That means no more envelopes from grandparents, and no more paper bond to hold. All you can do is show your child their balance on a computer screen.

Posted by gerardvanderleun at May 21, 2012 9:07 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

That alone was enough to push me over the edge. I let my lifetime bond allotment expire when they went paperless. Now I put the money into things the Feds can't screw up, like tools, guns, booze, and canned goods.

Posted by: Mike Anderson at May 21, 2012 1:08 PM

And a few years back, GWB I think it was, limited the amount of US Treasuries an individual could buy. I think the limit became 5k in paper and 5k in electronic bonds. It made no sense. I need another crazy pill.

Posted by: Scott M at May 22, 2012 2:34 AM

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