The Mudcat Café TM
Thread #57857   Message #912081
Posted By: GUEST,Dreaded Guest
17-Mar-03 - 05:11 PM
Thread Name: BS: Get out of debt now!
Subject: RE: BS: Get out of debt now!
Do you even know what I'm talking about? The govt is changing the rules under which you borrowed. They've just let a hundred corporate scandals go unpunished while encouraging lending institutions to issue unsecured credit, and they've done it for this moment...so they could CHANGE THE RULES UNDER WHICH YOU BORROWED and shackle you to high interest rates just as the economy collapses. The govt is cheating, and you have no obligation to honor any financial commitment to it. The best interest of the economy is served when the govt is forced to act responsibly.