Friday, July 10, 2009

The Sucker Society

These days (I hate that expression, is it really that different to previous days?), the news and the TV is full of stories about families that have lost their houses, their RV's, their boats, their dreams.

OK, so they borrowed too much, maybe suckered in based on ads from TV, or radio or newspapers. Now they are in trouble, I guess they forgot the part about paying back what you borrow. But anyway, what kills me is that the media is full of ads for ways to get out of your problems.

For only a small fee, some "debt relief agency" will take care of that overwhelming credit card debt, or stop the foreclosure on your house and solve all your problems. Now these suckers are on the news complaining that they lost their house and had paid these clowns who promised that they wouldn't lose their house and lost that money too.

I wonder if we've gotten to the point where the society is more complex than the current level of education can deal with. I mean, if you don't understand interest, should you really be getting a "negam" loan?

Amongst the flood of ads promising to get you out of whatever situation you have got yourself into, will there ever be one that says "you lose, sucker?". After all it's not the money you spent that you didn't have, it's those evil collection agencies, credit card companies, predatory lenders. These suckers are going to get into even more trouble. Maybe they should buy another house to flip?

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