Wednesday, September 07, 2005

 

Once Upon A Time #8

There use to be a bank on the corner near where I lived....
Every January your mother would go in and "start"
a "Christmas Club" savings acount......This little account,
which would accept 50 cents or 1 dollar a week, gave you
no "interest" at all......But the bank would give you a
premium or incentive to establish the savings account....
It got "mom" in the door and at the end of the year mom
had $25 to $50 dollars for presents.....(It went a long way
then).....

Well the banking business has changed.....It has come to be
that YOU are to be privilaged for the bank to allow YOU
to hold YOUR money with them......Long gone are the days
of a free toaster or iron (and they were American made back
then).....Today they will just give you enough interest on any
account to mess up your arithmetic by $2.50 or less if you
do not pick up the entry on their statement......

Those olde toasters and irons were built to last.....It is a pity
that the banking business was not built the same way....Pumps
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