First, under pressure from campaign contributors, conservatives pushed through a new bankruptcy law making it harder for people to get out of an oppressive debt and pay off their creditors slowly. Second, those same greedy capitalists insisted on giving sub-prime loans to people who couldn't go bankrupt and pay off their debts themselves. Now, under the guise of helping people with "questionable credit histories", US taxpayers are bailing out "irresponsible lenders". Corporate greed is very expensive.
The Sub-Prime Bailout
First, under pressure from campaign contributors, conservatives pushed through a new bankruptcy law making it harder for people to get out of an oppressive debt and pay off their creditors slowly. Second, those same greedy capitalists insisted on giving sub-prime loans to people who couldn't go bankrupt and pay off their debts themselves. Now, under the guise of helping people with "questionable credit histories", US taxpayers are bailing out "irresponsible lenders". Corporate greed is very expensive.
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2013 Fringe Festival Days 5, 6 & 10
Carole and I went to nine Fringes and I reviewed all of them for the Fringe site (except the one horrible tech rehearsal). But I have been remiss in…
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2013 Fringe Festival Day 8: An extra-Fringe outing
I didn't Fringe on Thursday, but I did go to a show. "The Almanac Trail" was sort of like a three-hour Fringe show with snacks. George Mann and I…
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2013 Fringe Festival Day 3: A Filipino Autobiography
I'll be on the air tomorrow, Monday, at 7:10am on KFAI-FM, talking about the Fringe. I spent most of the day working on Nicollet Repaving photos.…
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