31 Jul 12 09:03, TOM WALKER wrote to ROY WITT:


 RW>> TW> AND that decline is driven SOLEY by the Political mindless
 RW>> spending
 RW>> TW> of money we do NOT HAVE.

 RW>> I was at the bank the other day, visiting my money...it hasn't
 RW>> changed in appearance since I left it there 7 years ago. It's value
 RW>> used to earn enough in dividends to pay the monthly bills with some
 RW>> of it left over to buy a bag of candy.

 TW> I know what you mean. Interest on Savings accounte is directly tied
 TW> to Political Manubevering. Back in 2001 I was getting 5.5% on my
 TW> Savings account., By late 2007 it had dropped to 5.1%. In 2010 it was
 TW> 0.7% and today it is 0.41%

Yeah, but the credit union doesn't require a large amount in a savings
account to maintain a money market account. The money market account was
the one that paid high dividends, the savings account was always pretty
low in comparison. My savings account is at a minimum level and it pays no
interest at all, while the MM account is paying .55 APYE...

 TW> If you bump that against Idiot political spending you will see a
 TW> trend. Particualrly since the Current group came into power.

I'd say the 2008 group, who spent us into another $5 Trillion deficit,
which is fast approaching $16T.


                R\%/itt


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