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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: KLP who wrote (371118)	7/1/2010 2:31:06 PM
From: alanrs	Read Replies (2) \| Respond to of 793983

"Re: protecting ourselves financially....We finally gave up the ghost today, so to speak, and sold most of our mutual funds....Just can't think that the current Adm will do anything constructive, and both of us agree that nothing makes any sense right now. We can't believe ANYTHING the WH says, we can only watch what actions they take...and nothing right now they are doing is helping the situation. Even cans of money in the back yard won't help if our money is under inflation attack." So now you have it in cash, presumably in a bank. I just had a $6200 CD mature, 6 months, interest was $5.17. So that money is making nothing for me but making something for the bank so they can get their capital reserves in order (someday, theoretically). Any way you look at it you lose. ARS