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To: Mark Adams who wrote (108316)6/12/2001 5:28:38 PM
From: Ilaine  Read Replies (3) | Respond to of 436258
 
I would be interested to see a chart using data from the Fed Flow of Funds report, e.g., total consumer debt to total personal income, year over year. Prudent Bear said consumer debt was 110% of personal income, and that's not correct - not aggregate consumer debt compared to aggregate personal income. They really play games with the data and that bugs me - things are bad enough without "lies, damn lies and statistics."



To: Mark Adams who wrote (108316)6/12/2001 6:23:48 PM
From: benwood  Respond to of 436258
 
One shift I've seen attempted is to tease one with 0.0% transfers with a new card specifies replacing the usual legal protections with binding arbitration of their choice (yes, I read the fine print before I junked it). People won't realize what they gave up until they are subject to fraud or some other situation they would believe that they have a valid claim and then discover that the card holder says tough and sticks it to them.


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