[quote=4plexowner]all about risk / reward – already rich – don’t need to take stupid risks
I’m just killing time on an anonymous blog and I write about things that interest me – not sure why you think everything I write is about making money
if I didn’t know better I’d think you were trying to get a dig in at me because you ARE a sucker and your 401K is now a 201K
[/quote]
Haha, yes, my 401k is definitely a 201k, 4plex! And you are right that my tweaking you about your opinions on CC interest rates is driven by an agenda. What is the agenda? That savers – the people who are the ultimate lenders – usually don’t get a very good deal compared to borrowers. And that’s a consequence of our culture and political system. So when I read comments about how borrowers are getting shafted, I am immediately skeptical and I make enquiries. It is, of course, possible for some borrowers to come off worse than the savers who made them the loans, but it’s not the norm, and it’s often not even true when you dig down a little.
