Friday, April 07, 2006

Why get interest?

I'm tired of bashing FEMA and reading other people doing the same. But, the agency's inability to do even the simplest things boggles the mind. Take depositing money in the bank, for example. Foreign countries sent us $126,000,000 in cash after Katrina. (By the way, $100,000,000 came from that terrorist-supporting country, Dubai.) FEMA put half of it in a non-interest-bearing bank account! Even if they put it in an account paying only 1/10%, they'd have over $400,000 more today.

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