Interest rates are too low to help savers

Banks and credit unions pay painfully low interest rates these days.

Who has an incentive to save? Is America's capitalistic system working correctly?

What is the Federal Reserve's policy toward "the little guy," or are we automatically supposed to know?

Interest rates used to start with a number like four, five or six, followed by a decimal point, then another two numbers or two zeros. Now, the interest rate more often begins with a zero and one is lucky to get a half of 1 percent on savings.

At my age, I'm not drawn to "occupy" more than my simple senior complex apartment. Yet I want more than my "big toes" to hear my discontent with whoever is responsible for the current stingy policy.

So here goes: Bah, Big Guy!

Claire J. Baker

Pinole

Anti-tax crusaders are cheating deadbeats

If you go and get your haircut and then refuse to pay, they call the cops on you for theft of service. If you stop paying on a loan, we call you a deadbeat. If you hire someone and don't pay them, we use the legal system to keep you from cheating your workers.

If you want to do away with the pension owed to a government worker, we call you an anti-tax crusader. But really you're a cheating, deadbeat thief.

Michael Brent


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