Thankfully the banks are NOT loaning money....like the Whitehouse wants them to

Yes, that's exactly how I feel. My step kid is in college, and back in 'the day' they innodate these kids with FREE CREDIT CARDS!!! You know the scam free t-shirt or some other shit for 30% APR etc etc... Know that the parents will eventually bail the kids out of these credit cards.

Well I just found out that even though I've told her it's a scam, I even worked for a CC company and even explained HOW the scam works, she applied for 4 cards.

And she was rejected.

Phew.


Kids never listen, but I'm glad that she won't start off her young adult life saddled with some crazy debt.

Nope, instead MAJOR money being printed for war.

Washingtons answer to fix the economy is...more debt for both the public and the private sector..

With taxes getting ready to be jacked up, why should these banks loan ANY money to people who's profit margins are going to go DOWN due?

Instead of letting Americans and Business' KEEP MORE of what they earn, Washington thinks it would be better if Americans got into MORE DEBT.

The Evil Bankers are doing the US of A a bigtime favor...

Maybe this is why Obama wants to give smaller banks the returned TARP money, because it will be easier to push these little banks around.

If Obama gets the influence he wants over smaller banks as well, the only option left is to NOT take out loans...

but of course I'm sure Obama, SEIU, ACORN, etc, already have tens of thousands of people waiting for the word to apply for loans of which they will NEVER payback anyway.

Why would anyone want to bury themselves in debt at 29.99% interest? Destroy the credit cards and don't play their greedy game. Pay Cash only. That is the only way anyone will get ahead.

WHile you may want peace, other nations of the world do not...

We sat back before BOTH world wars until Europe was nearly overwhelmed by communist dictators.

It's not easy making the tough choice and Obama is going to find out very soon that madmen can not be reasoned with.

Make no mistake, what looks like war today, in Iraq anyway, will prove to be tranformation for a more stable middle east in 100 years from now...

That is if we are successful.

The REAL evil lays in wait in Europe. Waiting for America to be too weak to stop the intentions of the first two world wars.

There are some who do not care what the percent is, because they have no intention in paying back the loan in the first place...

Once enough people have taken the money out of the banks, the defaults will start, just like fannie and freddie and the housing bubble.

If Obama REALLY wanted to stimulate job growth he would LOWER taxes, and states like mine (Michigan) should do the same...

Let people keep what they earn, instead of getting in debt.