Bad Day
Today started off shaky, wobbled through the afternoon, and then cratered hard. First an extremely frustrating night at Jiu Jitsu, then news that Wahington Mutual (who, incidentally, have all my cash) has failed.
The powers that be, of course, assure everyone that everything is fine. But they've been saying that all along, haven't they.
Readers' Comments
I simply don't have time to earn a living, have a life, AND educate myself to the point where I'm really capable of understanding how our financial system works. So I've got to take a lot of things on trust. I trust financial institutions to be stodgy and conservative and slow-moving. I trust government regulation to make sure their executives behave. Right now, I don't trust them, yet I can't function without them. So I'm dependent on people I can't trust. Feels terrible.
Now, if you want a financial institution that is probably less risky, join a credit union. They are member owned, which means they answer to you.
http://www.creditunion.coop/cu_locator/toplist.php