In March 2008, the Bush Administration bailed out Wall Street firm Bear & Sterns. Within ten days interest rates on CDs fell from 4.3% to 1.9%. On March 15th our CDs matured, so we cahed one out, put $5K into a high yeild savings account and applied $20K toward the principal ouf our house mortgage.

At the end of September the Bush Administration crammed a financial bailout plan down the throats of taxpayers that resulted in interest rates for CDs down from 2.3% to .63%. On Oct 15th our last CD matured so we cashed it out and paid off our mortgage.

We are now down to paying for groceries, insurnce and utilitiess. We may not have a large nest egg, but we do not own anyone anything. This is the America I wish for everyone else.