Bank-CD-Rates.Net Blog » America http://www.bank-cd-rates.net/top-cd-rates Simplifying Your Rate Search Thu, 20 May 2010 03:53:43 +0000 en hourly 1 http://wordpress.org/?v=3.1.1 $700BB – You’ve Got To Be Kidding http://www.bank-cd-rates.net/top-cd-rates/2008/09/23/700bb-youve-got-to-be-kidding/ http://www.bank-cd-rates.net/top-cd-rates/2008/09/23/700bb-youve-got-to-be-kidding/#comments Wed, 24 Sep 2008 03:54:45 +0000 Administrator http://www.bank-cd-rates.net/top-cd-rates/?p=81 I’m sorry, but I just can’t jump on the band wagon for this bail-out. I know a lot of people are saying it is necessary or the American financial system will fail. Poppy-cock. Without the bail-out the cleansing that needs to take place will take place. With the bail-out more risky behaviour will be encouraged.

$700BB is a huge sum of money to add to an already out-of-control debt situation. Don’t do it. Please don’t do it.

I would keep your funds in a few on-line savings accounts and CDs. If you have some extra make some careful stock purchases, but be very careful.

This is America. We don’t need anymore bail-outs.

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