You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #9: I DO have it in an FDIC insured Commercial MMF...at low rate...that was the point of my post! [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
KoKo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-21-08 09:11 PM
Response to Reply #4
9. I DO have it in an FDIC insured Commercial MMF...at low rate...that was the point of my post!
Edited on Sun Sep-21-08 09:12 PM by KoKo01
:eyes: It was those "high rollers" who put there stuff in "UNINSURED MONEY MARKETS" for a Higher Risk (NON-Insured) Money Market account that Paulson wants to now put under the FDIC INSURED UMBRELLA!

I could have invested RISKY and NOW would be BAILED OUT! with Paulson's proposal... That's the point of my post. I didn't take risk and lost return on my hard cash...Risk Investors got high returns with no FDIC Insurance...but Paulson now makes their investment the same as mine by allowing them to get the FDIC to BAIL THEM OUT! :puke: I lost money while these folks MAKE MONEY because Paulson is giving them what I sacrificed to make a paltery 2.5% while they were making 7% and above on RISK that was NOT FDIC INSURED!
Printer Friendly | Permalink |  | Top
 
  -Here's some Straight Talk: We have only made 2.5% from our safe Commercial Bank Money Market Fund.. KoKo01  Sep-21-08 05:59 PM   #0 
  - It's worse than that  sandnsea   Sep-21-08 06:03 PM   #1 
  - Thanks for that post. Do you have a source for the information  JDPriestly   Sep-21-08 07:13 PM   #6 
     - Here's one  sandnsea   Sep-21-08 07:29 PM   #7 
  - if dem congress votes for this stick up - they can stick it up n/t  28erl   Sep-21-08 06:13 PM   #2 
  - No deal !  screembloodymurder   Sep-21-08 06:22 PM   #3 
  - Get out of that Money Market fund  Citizen Kang   Sep-21-08 06:23 PM   #4 
  - I DO have it in an FDIC insured Commercial MMF...at low rate...that was the point of my post!  KoKo01   Sep-21-08 09:11 PM   #9 
     - what this does is ENCOURAGE more gambling on Wall Street  CountAllVotes   Sep-21-08 09:20 PM   #12 
     - Money market accounts  prayin4rain   Sep-21-08 11:13 PM   #17 
  - You are not alone. We are in the very same boat.  JDPriestly   Sep-21-08 07:12 PM   #5 
  - I know...and if McCain and Caribou Barbie win...we might need to give up our SS that we paid into.  KoKo01   Sep-21-08 09:28 PM   #13 
     - I was around 14 years old when I got my Social Security card.  JDPriestly   Sep-21-08 11:06 PM   #15 
  - this bails out the ones that were getting the all of that interest  CountAllVotes   Sep-21-08 08:26 PM   #8 
  - I know...your emoticons say it all....It's disgusting what they did to us real SAVERS...  KoKo01   Sep-21-08 09:13 PM   #10 
  - Yep  DustyJoe   Sep-21-08 09:13 PM   #11 
  - Credit Card interest for average American is more than the 12% Paulson is charging the failed AIG,  KoKo01   Sep-21-08 09:31 PM   #14 
  - Figure out where the well connected rich put their money  daleo   Sep-21-08 11:10 PM   #16 
 

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC