Awwwww, isn’t this sweet?
Just wonderful while the Fed’s printing once again props up his pals in the markets the elderly who did the right thing and saved their money are being eaten alive with inflation and a pittance in interest after losing a lot of their money because of these piggy bankers at the TBTF banks. Just think how sweet a deal that was they are rolling in the dough while hundreds of our smaller conservative banks failed taking jobs with them.
Fed siphons $100 billion from savers
http://finance.fortune.cnn.com/2010/11/03/fed-siphons-100-billion-from-savers/