Tuesday, March 03, 2009

Your Savings Accounts Not Insured

From the GREAT Lakeland-Times.

If your bank, savings and loan or credit union told you they could not insure your money in your savings account, WHAT WOULD YOU DO? It may not be your money directly but it is the money you pay in taxes!

Seems 1300 local units of government are in a pickle with your tax dollars. If there was a run on these accounts, 1300 units of Wisconsin government could be broke. And then what?

Thank you Obama, Doyle, Kagen and all democrats that our taking this country down the DRAIN!

Here is Richards Moore's article about Oneida County.

How about your city, municipality or township?

"/3/2009 9:29:00 AM
State investment pool loses risk insurance
State’s cash flow in bad shape; county officials wary
Richard Moore
Investigative Reporter

A state-run investment pool brimming with millions of dollars of public money invested by more than 1,300 local units of government, including Oneida County, has lost its risk insurance, finance director Margie Sorenson told the county finance committee recently.
" State investment pool loses risk insurance

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