20 December 2010

20 DEC 2010, Monday

  • Alright, I know I said few posts...but this one is so I can search for this data in the future.
  • Above shows interest rates on 6 month CD's since the 1960's.  This is a very short term interest rate (which the Federal Reserve controls).
  • Elderly folks try to live off the income from their lifetime of savings.  Only thing, right now savers are getting totally forked.  On top of that, Bernanke is trying to inflate which will further destroy the savers, if he succeeds.
  • Soooo, this cheery holiday season, if you see some older folks in need...help them.  Please, help them...
  • ...because Ben Bernanke could give a flat rat's butt about them...his actions prove it.  Disregard his words.  
  • I guess he's single handedly trying to solve the Social Security / Medi-scare problem, too, by "thinning the herd".  
  • Thanks Ben...you're a peach!

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