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alstry (36.08)

Are Banks Starving The Elderly?

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April 09, 2011 – Comments (6)

Right now, most savings accounts pay less than 1%, many pay less than 0.5%.  However, borrowing rates range from 5% to 25%.

Never before in American history has banks been able to make OVER 1000% margins on the spread between savings and lending....

And people wonder why mainstreet is collapsing?.....Few seem to care that our elderly are having an increasingly difficult time surviving? 

and mainstreet bailed out the banks.......

while the bankers are getting billions in bonuses which should have gone to pay higher interest rates to savers?

Yet the slaves remain silent......................................................................................................

In an industrialized system, where you need money to survive, when one can print money and you can't......you are functionally their slave.........

Didn't America abolish slavery a while back?

Are you still gambling with your ticker to make money?....I don't blame you really....there are really few other productive ways to invest your capital today.....Wall Street made sure of that.........as it kills mainstreet and staves the nation.

6 Comments – Post Your Own

#1) On April 09, 2011 at 9:20 AM, alstry (36.08) wrote:

When the masses can no longer function with the money they earn in wages and savings.....

THEIR ONLY CHOICE IS TO RIOT/REVOLT/PROTEST AND DEMAND CHANGE.

And global change is being demanded in more and more places around the world.

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#2) On April 09, 2011 at 10:43 AM, L0RDZ (80.14) wrote:

Alstry its been that way for a while now,  theres nothing that can be done  as long as the gov controls the rates. 

I've said as much and more years ago, even when the rate was at 5% that rate was still to low...

 Now we have negative interest rates.... 

Soon they will charge you money to have the priveledge of having a bank account.

Bankers bonuses will increase, they will laugh their behinds off on the golf course around 2 pm each day.

But Lawyers are still worse... ;)

 

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#3) On April 09, 2011 at 10:48 AM, alstry (36.08) wrote:

That is what many said about Hitler....until enough stood up and said enough.....

In Alstry's world....NEVER AGAIN!!!!!

 

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#4) On April 09, 2011 at 7:05 PM, L0RDZ (80.14) wrote:

Well go on with your bad self Alstry  try to take down the gov... see what will happen ???

 Go on Alstry show us the way...

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#5) On April 09, 2011 at 7:39 PM, alstry (36.08) wrote:

No silly goose...not taking down government....restoring morality to government....we need government, to watch over people like you;)

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#6) On April 09, 2011 at 7:57 PM, NOTvuffett (< 20) wrote:

In AlstryWorld is the possession of a milk cow with 8 teats a punishable offense or something to be lauded? lol

 

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