The main bank (WAMU) that I had the majority of my funds, failed and the wreckage was gobbled up by JP Morgan. The Gov is trying to push a rescue 911 plan together to avoid further damage to this already beat up economy. Putting up 700 billion to bailout these fat cats whose greed got us in this mess to begin with. That's real genius plan, right there.
These fools already screwed over a ton of capital, so the solution is to give em even more to screw over. It don't take an economist to see that's bad idea and will end up costing the good ole US taxpayers a lot more money in the end.
Retirement is 30 years away and I've got to do a lot of extra stuff to get enough to live on in my golden years and there's many other people in that same boat.
Maybe we should band together and start are own bank, credit union, or financial services company handle our needs.
Anybody got some ideas, I'm ready listen.
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