todays headlines i say go with the cash
take these clues
budget deficits projected to hit almost $1.6 trillion this year.
American reliance on government at all-time high
transfer payments from the government such as unemployment checks and Social Security burgeoned by $231 billion to $2.1 trillion. Mean while, the amount of taxes that individual Americans paid plummeted by $325 billion to $2.1 trillion as a result of middle-class tax cuts and because nearly 6 million people were thrown out of work and are no longer paying payroll taxes.
if your a "real" economist , that does not get paid by say anyone in DC,
you know the balance job ratio's are so out of wack
Govt jobs to "private": jobs has gone so out of wack, as the private secter scaled back, govt take over more and more of % of total jobs
under bash/reps we spended a ton, and under the dems we are spending even more"record debt"
this is pure madness, so form a economist stand point,take the money and run
govt jobs besides say something like Lottery jobs, dont pay for them selfs people!
its more LEECHING on the real wealth of our nation
you can sure right now get away with a fed 35% max tax rate of say a major pb or mm jackpot cash jackpot
if the people in DC wants to create jobs,
yet tax the rich, this is such a oxymoron its beyond belief,
where do you think must of the jobs come form?
people with MONEY! , take away their money, and you get less jobs
no tax's = jobs pop up left and right,
the govt is headed by a bunch of retarded children when it comes to money
for gods sakes, take the money and run away form this madness while you still can
let me say this about what i think of whats happening right now
if i was by design trying to kill a nation, when real jobs are being destoryed
i make higher taxes to the "rich"
, while create as many govt jobs as i could , encourge record welfare type payments to massives
and make so much debt via record spending as i could,
the govt doing the very same things as some evil villians wanting to destroy a nation by Economic means
besides, we all know majority of voters are idiots, whoever they vote into office will just be "their stupid leader"
the leader of the blind is blind him self,
besides Economic logic
that small Annuity payment
Will not cover large buys, such as a massive house and ever thing you want the first year
in my own case, i would spend over 1/3rd of it in the first years, just to live it up
why the bank loans would cover all your needs, why waste money on some interest payments
people who have taken the annuity payment are not immue to being stupid, they get in debts too, want proof, look at old winners stories who taken it
stupid people cant be fixed,
smart people go with the freedom of having all the cash now
they KNOW how to get more money then say a 26 or 30 year govt bonds
i like to think of people who take the Annuity as the same people who think Social Security not a bad deal
besides, their so MANY options to invest a ton of money into right now,
annuity has the illusion of security ,
real security is having the freedom to invest your own money however you wish, and to reap the results of it