Talk radio: A fountain of misinformation

Monday, February 14th, 2005
Categorized as: Stinker bonds

My brother-in-law just walked in and said that the following is all over the radio: If you own Savings Bonds, the state is taking the money away from you. What is he talking about? I checked several news web sites and couldn’t find anything about a U.S. Savings Bond issue. Do you have any idea what he is referring to?

Tom’s response

I’m stunned how this topic is playing out on talk radio. I think the good guys are the state attorney generals who are suing the Treasury.

They want Savings Bonds that have stopped earning interest but have never been redeemed turned over to state unclaimed property departments so that the owners can be identified.

If you have any idea why so many people are against this, please leave a comment…

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June 1, 2010

After six years, over 400 posts, 3,680 real comments, and over 90,000 spam comments (thank you, Akismet, for making managing a blog with comments possible), I am closing public comments on Savings-Bond-Advisor.com. I will contine to update the main articles on this site, but not the comments.

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Tom Adams

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