Saving log - $0 tip box
Spending log - $1.25 coffee + $6 lunch (for 2 days) + $3 carrots, apple + $5 bubblebath, deodorant
Back to the finances. A little financial tidbit to get off my chest. Again with the I-bonds, and I noticed a number of articles contained cutting comments about how its a good thing that savings bonds are becoming unappealing because taxpayers are paying the interest.
Perhaps. That opinion still burns me up, though, because it implies that I'm unpatriotic and a leech because I've taken out an I-bond or two (or about 30). Such a turnaround from the opinions of the past - imagine that being said during WWII.
Humph. Is it my fault that I had the savings to invest in the first place? I mean, if I wasn't there to buy the dang US savings bond, the taxpayer would have to fund that 50-5,000$ in addition to the interest. There. That's much better! Perhaps I should fund someone else's government should I wish to do so. T-bills are indirectly funded by taxpayers too, not to mention the funds that the Federal Reserve uses to provide liquidity to financial markets.
Do we, as a society, really think so little of savers?
fixed income rant
May 13th, 2008 at 04:59 am
May 13th, 2008 at 01:02 pm 1210683759
May 13th, 2008 at 10:36 pm 1210718205
I'm also a taxpayer.
Is this what they mean by "pay yourself first"?