U.S. Releases Bond Program, Prepare for the Long Haul
Jewitt
An Official Outlet of the eUS Government
14 September, 2009, Day 664 of the New World - Following a turn around in the war where it looked like Russia was almost out of the continent, Russia now is marching onto Florida. realizing a vital mistake in attacking Georgia (which would had allowed Spain the ability to start a free war with Russia and begin to block them to our benefit) they retreated the battle within two minutes of our President's attempt to retreat - thus giving Spain a 24 hour window to attack Russia. In light of this strategic shift, a new bond system is being released.
United States Bond Program
The United States is far from broke, but we have expenses that we want to have covered now and will not have to worry about in the future. Therefore the United States is issuing bonds to the public to garner in some revenue for war-specific projects. During the Siege of California, the U.S.A. brought in over 300 GOLD worth of donations. With this bond system, we have high expectations on how much we can get from our citizens and brothers in other nations.
The terms are relatively straight forward. We cannot guarantee when the bonds will be replaced. As it stands, there will be an interest rate of 2.15% to be paid once bonds are returned. These bonds will be backed by the Trust and Faith of the United States Departments of the Treasury and Defense. The interest will be paid once, upon the bonds being sent back out. Once bonds are purchased, they are exclusive to your citizen and cannot be sold or change hands.
Click on that picture, and you will be taken to the form.
To get a bond, you must donate a certain amount to Fort Knox Federal Reserve. For logistical purposes, only the following amounts can be bonded (donations, as always, are appreciated!):
00.50 GOLD / 25.00 USD
01.00 GOLD / 50.00 USD
05.00 GOLD / 250.0 USD
10.00 GOLD / 500.0 USD
15.00 GOLD / 750.0 USD
20.00 GOLD / 1,000 USD
Let's say you have 40 GOLD you want to submit. Just put in two forms with 20.00 GOLD as your amount and you will be fine! Any combination will work. GOLD is appreciated and heavily recommended, but we will accept USD. Any other currencies will not be recognized by the bond system.
Once you have submitted the appropriate form we will have a record of your donation. Right before or immediately after your form is submitted, donate the amount to Fort Knox. You will not receive a confirmation message except for the one from the form which will verify it has been successfully submitted.
What are these for?
These bonds will go directly to one of the three fields of interest: Emergency Reaction Funds, Blocking Costs, and Branch Efficiency. Emergency Reaction Funds are for the sole purpose of being able to make a move without needing to wait on the Congressional Budget Office - our chief monetary bank. Sometimes, we have less than an hour to react (as we saw earlier with the Georgia attack by Russia) and need these funds available constantly. Our allies are doing us a great service, but they do not have the hordes of GOLD our foes do. Therefore, we try to contribute in what ever way we can by helping them pay for the blocking costs. Oftentimes our European and Asiatic allies will attack an aggressive nation to prevent them from hitting us - we are always more than glad to pay our weight but we need to have this stock built up in case a massive offensive is designed. Branch Efficiency is another topic which will be explored later on in a future issue of The Report. Essentially: Our military will begin efficient work of producing their own means of war to lower tax payer costs. The initial investment will be great, but will pay for itself within a month.
Once again, the US treasury is far from empty - these are precautionary measures to make sure we can continue as well as broaden our perspective and possibilities.
» The cabinet of the Julius Administration has been finalized. Expect an article in the White House Press Room very soon.
» Congress has begun work on MPP renewal, but in it made a terrible mistake in voting for the Croatian MPP (which opened up a free war with Hungary). This occurred during the turnover from the Emerick Administration. Vice President Jewitt has assumed responsibility for the mistake as he was acting in Emerick's place when the proposal was made.
» The U.S. Congress has begun voting to donate newly-printed USD to the Congressional Budget Office. This will help generate more GOLD income for the U.S. Treasury as well as gain a stronger presence on the targeted Monetary Market.
_______________________________________
» Subscribe to Gaius Julius's The Federalist Papers for all of the President's news and addresses to the nation.
» Check out the Global Defense Report and Through the Looking-Glass for detailed analysis of the war as well as great commentary on international events.
» It has been a while, but I strongly encourage anyone who is not a regular to get on the eUS Forums and register. It is the social hub of everything society, government, military, and down right serious business. Have a question? You are bound to get help!
-Jewitt, Chief Editor
Vice President of the United States
Comments
First DENIED
Nice. Too bad i can barely afford weapons as it is or I would totally help out.
Oh, great; I was against war bonds cos I know it's the interest that's gonna kill us, rofl.
sure is 505 around here
Nice to see something that has had a lot of suggestions finally sees the light.
oh oh I wanna donate to Fort Knox xDD
What is the period the interest rate is calculated. Per day? Per month? Per year?
lol @ navy such a silly boy
I like the idea, it shows thinking outside the (Kn)ox.
Speaking of Knox, I love the shout by Fort Knox. A farewell shout from our Dear Leader?
Finally. This will hurt later but if we can have a time of relative peace, it will pay off.
"Oh, great; I was against war bonds cos I know it's the interest that's gonna kill us, rofl."
Even without a settlement date, The US won't be able to pay 2.15%?! Senator, surely you jest.
O only have 9 (not 10) GOLD. 😨
As soon as I can afford it...
Voted and donated.
ceterum censeo croatiam esse delendam!
500 USD I'M A HARD WORKER!
Bonds are great! Voted and donated.
Support the troops, buy war bonds today!
@ Zoli; c'mon, be a good sport! buy US Bonds with some of that fake game gold you and your boys have **rumored to have** been cooking up.
Bout damn time. Good job.
florida will fall and there is nothing u can do
>backed by the Trust and Faith of the United States Departments of the Treasury and Defense.
AHAHAHAHAHAHAHAHAHAHAHAHAHAH
AHAHAHAHAHAHAHHAHAHA
AHAHAHAH
AHAHAHA
AHAAHA
AHA
HA
voted and donated
voted and too broke to even start a business, or buy weapons... I do what I can though, sadly I cannot donate. If I could I would trust me.
"As it stands, there will be an interest rate of 2.15% to be paid once bonds are returned."
Per week? Per month? Per year? Over the entire undisclosed loan period?
Glados, you're trolling is starting to annoy. At least try to be a bit more creative.
"We cannot guarantee when the bonds will be replaced."
hahaha NO
Excellent idea gents.
Suggested this right after the Cali battle. Was promptly told it'd been brought up before and would never happen. Glad they were wrong.
Donated 0.5g. CHA-CHING!
Yeah when i brought up bonds it was shut down too lol.
Dont see why we need to do interest when there are plenty of patriots willing to do it for free, but since youre doing it - you should really provide better details on that, as well as details on when the bonds mature/if you can sell bonds
Dude according to game mechainic there is a whole lot we can do!
Dude according to game mechainic there is a whole lot we can do!
donated.
PEACE Propaganda Fails
voted and donated!
hey columbia, if you havnt notices, we are fighting russia not you!well we are fighting you, but the only reason you have not been wiped off the map is because of russia...
sounds like all bonds are not accruing interest but will be paid back plus interest. So once you are paid back you will be given 2.5 % over what you donated. No compounding going on, at least that is how I read it. So dont do it to expecting to make large profits off investments do it to help your country.
As soon as I get enough I will buy some bonds.
Astra- Yeah, but its better than losing the war.
Sweet!
You'll wish you did 1% interest in about 3-6 months. Why do 2.15% when you don't have to?
I'm sure anybody with spare gold on hand who can help their country AND get paid back, and is willing to take the risk in the first place, doesn't need much of an interest rate.
I would bet people would donated more then normal with just being repaid in full or 1% interest, without higher rates. Heck, repayment or small interest is a lot better then losing all the donated money. Or, as an incentive, you could raise the interest rate depending on the amount donated. Such as:
0.5-5 gold = 1% interest
6-10 gold = 1.5% interest
11-20 gold = 2% interest
It would take a lot more work to record, but I bet it'd save you money, and inspire larger donations, if you were to use a tier such as the one above.
Another suggestion: when you start to pay back investments, send PMs to all investors that they have 3 weeks to reply to the sent message to receive their payment. This way you will not end up paying money to inactive accounts.
You, Jewitt, are an eAmerican Hero!
I bonded 5g
Kyler Octan, good suggestions but the value of 2.15% was decided upon by the President, myself, the entire Economic Council, and the management of the Congressional Budget Office. Therefore, it shall remain thus 😃
I'd like to donate, but the link takes me to a Russian organization based in New Jersey.
DIE RUSSIA!
The loans would easily be re-paid, as the government is always bringing in money, and therefore gold.
As for the amount to be paid out, it's not calculated at any rate except as a "per loan" basis I'm sure. It's not a daily/weekly/monthly/yearly figure. It's very much like that of the old US bonds, which if anyone knew what they were and how they worked, would not ask such a question as to the frequency of how interest is calculated.
The bond matures, you collect your investment plus interest, that is all.
voted and bonded 20 G to you
Die Russia yep!
subscribed 2666, but too new to have enough gold 🙂