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So my roommate asked me if he should take all of his money out of Washington Mutual when it was bought by JP Morgan Chase last Friday. I hesitantly said up to $100,000 of his money is safe, repeating the goverment's promises that I don't even believe.
I then stopped by my branch of 'formally known as Washington Mutual' at 5:30am on Monday on my way to work and all three of the ATMs told me they were not able to give me money. Good thing I had my 'emergency' $20 bill in my bag or I would have had trouble making it to my job.
These are crazy times and it scares the excrement out of me that I have to trust the Bush Administration to make it right. If Obama wins in a month and a half, he is going to be handed a worse situation than George senior left Bill Clinton. At least we saw Clinton steer that mess back into health, which gives me hope.
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