[grania]

If Seniors could collect some interest on our savings, just about every penny of that interest would go back into the economy, a lot of it local. It's a whole lot better idea than rewarding banks that fail. Besides that, it would incentivize younger generations to put money aside for the future.

It was GWB who started this "temporary" scheme of lowered interest rates so the feds could pay off debt. Instead, the idiots (or traitors, take your pick) chose instead to go further in debt.

[LongWayHome]

Yup....I would only get concerned about rate raises if the Fed starts doing half point, or full point raises every meeting.

[damper99]

Watch it...GWB has an MBA. He’s a business genius.