To: yadent
1) credit is still tight for many businesses and they need cash on hand 2)To fight off coming margin collapse due to rising raw material costs....
Ding! Ding! Ding! I think we have a winner!
This is the same as my current personal budget arrangements! I have been paying off credit cards and paying down balances on everything that I can! Now, the "extra" money that I have coming in is going into savings. If you look at my "books," it looks like profit is way up! But the fact is I am making the same as I was before, but I am stocking away for the future failures that are sure to come with The Won in charge for another 18 months - UGH!
70 posted on
05/31/2011 8:31:05 PM PDT by
ExTxMarine
(PRAYER: It's the only HOPE for real CHANGE in America!)
To: ExTxMarine
Now, the "extra" money that I have coming in is going into savings. Thanks to the QE2 and Federal Reserve and Treasury officials in cahoots with Wall St, the return on your "savings" might just cover the fees the banks charge you. They really want to force you through artificially low interest rates to invest in the casino of a stock market (much of it foreign) instead of buying American debt that should pay reasonable interest rates.
US sovereignty is going out of vogue, and non-conservative corporatists owned by multi-national media and corporations are the reason. The day of reckoning is coming.
97 posted on
05/31/2011 9:07:22 PM PDT by
apoliticalone
(Honest govt. that operates in the interest of US sovereignty and the people, not global $$$)
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