Comments on: Democrats for Loan Sharking http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/ Firedoglake weblog Thu, 26 Nov 2009 01:36:56 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: lairdini http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899228 lairdini Fri, 15 May 2009 03:23:57 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899228 <p>I was listening to Randi Rhodes on the way home from work and it sounded like there was a poison pill in the legislation that allowed for firearms in the National Parks if you voted Yes. I haven’t yet checked the legislation but thought I should because I live in Washington State.</p> I was listening to Randi Rhodes on the way home from work and it sounded like there was a poison pill in the legislation that allowed for firearms in the National Parks if you voted Yes. I haven’t yet checked the legislation but thought I should because I live in Washington State.

]]> By: ubetchaiam http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899129 ubetchaiam Thu, 14 May 2009 23:34:28 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899129 <p>The hell I will; no way I will vote for more corruption and lack of ethics and moral stances.</p> The hell I will; no way I will vote for more corruption and lack of ethics and moral stances.

]]> By: PierceNichols http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899112 PierceNichols Thu, 14 May 2009 22:45:46 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899112 <p>There are a few types of situations where everyday expenses with CCes makes sense:</p> <p>If your income comes in large, infrequent chunks rather than as a steady stream of paychecks, using credit cards for everyday expenses can make sense. </p> <p>If you get airline miles or similar inducements for money spent with a credit card and you get an interest grace period (almost everyone does) and you pay the card off every month, you can come out money ahead by using the card.</p> <p>If your credit is sufficiently good to get a very low CC interest rate, they can be the cheapest and most way to finance certain durable goods purchases.</p> There are a few types of situations where everyday expenses with CCes makes sense:

If your income comes in large, infrequent chunks rather than as a steady stream of paychecks, using credit cards for everyday expenses can make sense.

If you get airline miles or similar inducements for money spent with a credit card and you get an interest grace period (almost everyone does) and you pay the card off every month, you can come out money ahead by using the card.

If your credit is sufficiently good to get a very low CC interest rate, they can be the cheapest and most way to finance certain durable goods purchases.

]]> By: masaccio http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899111 masaccio Thu, 14 May 2009 22:44:34 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899111 <p>Please take a look at my <a href="http://firedoglake.com/2009/05/11/bank-of-america-screws-taxpayers-coming-and-going/" rel="nofollow">post here</a>. Banks are screwing good customers by raising rates on people who are current, but can’t make the payment in one lump. I don’t disagree with your basic analysis on the initial borrowing on the credit card. Do you want to argue that the banks should be able to raise the rates, just because they can?</p> Please take a look at my post here. Banks are screwing good customers by raising rates on people who are current, but can’t make the payment in one lump. I don’t disagree with your basic analysis on the initial borrowing on the credit card. Do you want to argue that the banks should be able to raise the rates, just because they can?

]]> By: sporkovat http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899109 sporkovat Thu, 14 May 2009 22:23:08 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899109 <p>all this carping is dandy and fine when the number of the year ends in nine,<br /> but when it ends in ten, remember you <strong>must</strong> vote Democratic again!</p> all this carping is dandy and fine when the number of the year ends in nine,
but when it ends in ten, remember you must vote Democratic again!

]]> By: mui1 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899107 mui1 Thu, 14 May 2009 22:13:09 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899107 <p>Impoverishing the taxpayers for the sake of too big to fail. Way to go congress!/s</p> Impoverishing the taxpayers for the sake of too big to fail. Way to go congress!/s

]]> By: mui1 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899106 mui1 Thu, 14 May 2009 22:08:04 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899106 <p>I wish I didn’t agree with you. shell game.</p> I wish I didn’t agree with you. shell game.

]]> By: dakine01 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899103 dakine01 Thu, 14 May 2009 21:53:33 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899103 <p>Recall does not apply to Senators and US House members. They are considered “Federal Officers” and as such not subject to recall, even if they are from states that have recall provisions.</p> <p>Once a Senator or Representative has been seated, they are there for the duration of the term unless their “peers” expel them, usually for something like fraud or other criminal acts. (I believe the last expulsion was James Traficant of Ohio who was expelled after being convicted in the early 2000s.)</p> Recall does not apply to Senators and US House members. They are considered “Federal Officers” and as such not subject to recall, even if they are from states that have recall provisions.

Once a Senator or Representative has been seated, they are there for the duration of the term unless their “peers” expel them, usually for something like fraud or other criminal acts. (I believe the last expulsion was James Traficant of Ohio who was expelled after being convicted in the early 2000s.)

]]> By: ubetchaiam http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899102 ubetchaiam Thu, 14 May 2009 21:48:37 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899102 <p>Whine,moan,bitch,and complain but don’t take any meaningful action seems to be the theme here. Recall the muthaforkers !!</p> Whine,moan,bitch,and complain but don’t take any meaningful action seems to be the theme here. Recall the muthaforkers !!

]]> By: marchan1940 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899100 marchan1940 Thu, 14 May 2009 21:44:19 +0000 http://firedoglake.com/2009/05/14/democrats-for-loan-sharking/#comment-1899100 <p>off topic; see <a href="http://www.huffingtonpost.com/2009/05/12/road-to-ruin-mortgage-fra_n_202016.html" rel="nofollow">http://www.huffingtonpost.com/.....02016.html</a> on the mortgage fraud reality and Citibank and others complicity in financial sector disaster.</p> off topic; see http://www.huffingtonpost.com/…..02016.html on the mortgage fraud reality and Citibank and others complicity in financial sector disaster.

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