I am not a financially astute person.
I do know that if I put money into an ATM, go to another ATM and take it out, that they are not the same bills I deposited earlier?
BO came out this morning an stated that large financial institutions will be fined for 10 years to recoup the money due to the citizens for the bailouts they were given.
SO, as a member of a financial inst. I will pay higher fees on my accounts, so the bank can collect THAT money, pay it back to the government.
Doe this mean I just have paid twice to bail out these morons?
Am I wrong? I know I am a simpleton when it comes to the real nuts and bolts of anything financial, but I think that is what is happening!
Someone?
Please tell me I am wrong.![]()
Bookmarks