[Homestead] The Usury Business, How To Avoid Going To Jail
mmcharry at dtnspeed.net
Fri Sep 3 00:10:12 EDT 2004
In reply to my post Denise writes:
>But why make the institutions responsible for people being, as James put
> it, financial morons?
They ought to be responsible in the first place. Remember the good old days
when you could only get credit if you had earned it?
Now the drive appears to be to sucker people into deep debt regardless of
their ability to pay and then extract the money by whatever means. Sure,
many people go bankrupt (and don't have to ante up), but the poor dopes who
pay up supply the profits.
Institutions aren't helpless.
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