Thanks to “M,” who contacted me directly with a referral to a great site, I made an amazing discovery this morning: There exists a banker with brains and scruples. Such a sighting is extremely rare, as most of you who are regular readers already know. Many of them have brains, don’t get me wrong, that’s [...]
Posts under ‘"Bail Out"’
“Legalized loan-sharking”: How much is too much?
I appreciate the comment by “M,” providing information about how the banks’ Congressional representatives voted on interest rate caps as provision of proposed C.A.R.D. Act legislation, which has now passed. I was going to say “our” representatives, but judging by voting results, Congress doesn’t really seem genuinely interested in protecting the average American citizen from [...]
The rest of us, along with our children, and grandchildren, will pay, and pay, and pay.
This classified ad in the Smoky Mountain News (September 23-29, 2009, Vol, 11, Issue 17) caught my eye this morning (I have removed the phone number):
Let’s see, if a “similar lot” was $70k “not more than 9 months ago,” but now worth $24,900 (assuming enough similarity to be considered a comparable in a real estate [...]
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