He responded, "If the Democrats are in office much longer, canned goods, water and ammunition are probably your best bet."

[gonzo]

I agree with that statement. I have an account with Navy Federal Credit Union and their "interest rates", if you want to call them that, are less than HALF a percent on my savings and checking. That's straight bullsh*t, and their rates are some of the best.

So banks/credit unions charge you an arm, a leg, and a firstborn child for interest when you borrow from them, then give you a small fraction of it when they borrow from you.

I'm appreciative of my 457 giving me a guaranteed 3.5% in their fixed account. Yes, I know historically the stock markets give a better return, but I am not willing to risk it.

Of cource, how could the economy work if the working class got the same interest rates as the private banking cartels?

Burner, your broker is a gem. You just stick with him. Have him hook you up with those trickle down funds....

Hmmmmmm I thought his broker made an excellent point.

I really long for the days of Jimmy Carter. CD's were paying 7 to 8 percent and life was good. And let's not forget about the consumer loans being through the roof. One could pick-up a mortgage from Fannie Mae for a mere 18 percent. I was lucky and assumed a mortgage in 83 for 11.25 and was happy to do so.

Damn I miss those days!

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