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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (2020)	3/14/2004 7:49:27 PM
From: mishedlo	Read Replies (1) \| Respond to of 116555

They are attempting to win already with new laws on bankruptcies being proposed left and right. They are trying to bail out credit card companies from bankruptcy defaults by making people OWE even if they go bankrupt. I have no use for these predators. Thay charge 20% interest now if you are late one payment and then they want laws to protect them if people go bankrupt. It really pisses me off. Granting card after card after card to people with bad credit, little income, or whatever. Those laws BTW show eaxctly where the concern is. For the wealthy. Which is why the helicopter drop will NOT happen. Yes people are at fault for over spending but when you put a bottle of vodka in front of an alcoholic and tell him how wonderful it tastes and it is the best vodka in all the world and then the person drinks it, who really is morally at fault here? Mish