RatWatcher

Credit Card Crunch: Creating a New Generation of Subprime

'My wife has been sick for over five years and our insurance doesn't cover everything. As one small example, her medication costs me over one thousand dollars a month. I'm retired and my retirement fund has been cut in half. Now tell me, where am I to get the money every month?'

Are you planning to pay this back? Respectfully of your situation, this sounds like you are planning to default. That is not borrowing. It's stealing.

The Good, The Bad, And the Ugly in Bank Loans

Absolutely on the money. Paying one's bills seems to be the sucker's move in this century.

On Nov 20 06:58 AM eternitus wrote:

> Amazing what happens when you give homeowners an incentive to default.
> Someone in Congress needs to read Freakanomics.