Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Patriot Babe
perhaps the whole idea is to panic people into taking money out of their 401's...its fully taxed and for many a penalty would be owing...

but I wonder the wisdom of keeping money in any bank....we don't have much but since its not getting any meaningful interest anyway, should we just take it all out?.....

31 posted on 03/18/2013 1:31:15 PM PDT by cherry
[ Post Reply | Private Reply | To 8 | View Replies ]


To: cherry

“...we don’t have much but since its not getting any meaningful interest anyway, should we just take it all out?.....”

We’re the same way. Wife pulled it ALL out today and locked it in the safe. Bank teller asked her: “All of it?” She said: “All of it...in cash, small bills no larger than $20”. Teller liked to crapped and went to the manager. An hour later, she walked out with ALL of it....cash, small bills. Bank couldn’t figure out why so many folks were withdrawing their money today. Mainstream media has tried to low-ball it in the USA, but the word is out on the street. No bank, not even here in the USA is safe anymore. Who ya gonna call when they lock the door shut, FDIC? Yeah....right! You’d have better luck calling odongo.


38 posted on 03/18/2013 7:48:21 PM PDT by lgjhn23 (It's easy to be liberal when you're dumber than a box of rocks.)
[ Post Reply | Private Reply | To 31 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson