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Article Archive for March 2009

And the Phony Outrage Is…
March 25, 2009 – 4:33 pm :: 3 Comments
And the Phony Outrage Is…

The FTC receives more complaints about the debt collection industry than any other (500,000 complaints in 5 years) but has only acted on 10% of them.
The FTC has only acted on EIGHT of the complaints …

Sorry, that’s incorrect!
March 18, 2009 – 4:41 pm

Guess again, or see the real answer here.
You can’t sue your credit card company in court. You have to use a private “arbitrator” to settle any disputes.  But – surprise – arbitrators side with credit …

Sorry, that’s incorrect!
March 18, 2009 – 4:39 pm

Guess again, or see the real answer here.
Bankers do remove $7 from the economy for every $1 they create. What we always suspected is now empirically proven:  big bankers are a net drain on society. …

Sorry, that’s incorrect!
March 18, 2009 – 4:31 pm

Guess again, or see the real answer here.
Sadly, there is a new foreclosure every thirteen seconds. See the Center for Responsible Lending for details.

And the Phony Outrage Is…
March 18, 2009 – 3:42 pm :: 6 Comments
And the Phony Outrage Is…

Only oil companies give more money to Congress than banks
Big Banks donate MORE to Congress than Big Oil! So far in 2010, Congress has received over $24 million from Securities and Investment Firms, Commercial Banks, …

Sorry, that’s incorrect!
March 17, 2009 – 3:49 pm

Guess again, or see the real answer here.
Some credit cards really do charge 79.9% interest.  Read all about it from the Associated Press.