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July 3, 2009 at 2:01 PM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #425421July 3, 2009 at 9:24 AM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #424575
patb
Participant[quote=patientrenter]I
I have come to the conclusion that the only way to encourage more of a certain type of good or service is to subsidize only a small % of the people demanding it, and exercise tough love for the rest. Think about how much the prices of homes, medical care, and universities would drop if only 10% of consumers for each could benefit from any form of government support. They would become much more affordable for most of us, simply paying out of our own pocket. [/quote]
Please tell all the Friedmanites they have been wrong.
Perhaps Alan Greenspan will serve to moderate the discussionJuly 3, 2009 at 9:24 AM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #424808Participant[quote=patientrenter]I
I have come to the conclusion that the only way to encourage more of a certain type of good or service is to subsidize only a small % of the people demanding it, and exercise tough love for the rest. Think about how much the prices of homes, medical care, and universities would drop if only 10% of consumers for each could benefit from any form of government support. They would become much more affordable for most of us, simply paying out of our own pocket. [/quote]
Please tell all the Friedmanites they have been wrong.
Perhaps Alan Greenspan will serve to moderate the discussionJuly 3, 2009 at 9:24 AM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #425090Participant[quote=patientrenter]I
I have come to the conclusion that the only way to encourage more of a certain type of good or service is to subsidize only a small % of the people demanding it, and exercise tough love for the rest. Think about how much the prices of homes, medical care, and universities would drop if only 10% of consumers for each could benefit from any form of government support. They would become much more affordable for most of us, simply paying out of our own pocket. [/quote]
Please tell all the Friedmanites they have been wrong.
Perhaps Alan Greenspan will serve to moderate the discussionJuly 3, 2009 at 9:24 AM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #425160Participant[quote=patientrenter]I
I have come to the conclusion that the only way to encourage more of a certain type of good or service is to subsidize only a small % of the people demanding it, and exercise tough love for the rest. Think about how much the prices of homes, medical care, and universities would drop if only 10% of consumers for each could benefit from any form of government support. They would become much more affordable for most of us, simply paying out of our own pocket. [/quote]
Please tell all the Friedmanites they have been wrong.
Perhaps Alan Greenspan will serve to moderate the discussionJuly 3, 2009 at 9:24 AM in reply to: Milking the system? $400,000 in student debt and not a single repayment. #425324Participant[quote=patientrenter]I
I have come to the conclusion that the only way to encourage more of a certain type of good or service is to subsidize only a small % of the people demanding it, and exercise tough love for the rest. Think about how much the prices of homes, medical care, and universities would drop if only 10% of consumers for each could benefit from any form of government support. They would become much more affordable for most of us, simply paying out of our own pocket. [/quote]
Please tell all the Friedmanites they have been wrong.
Perhaps Alan Greenspan will serve to moderate the discussionParticipant[quote=jficquette]What was laughable about the Bush administration?.
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Mission Accomplished…
Participant[quote=jficquette]What was laughable about the Bush administration?.
[/quote]
Mission Accomplished…
Participant[quote=jficquette]What was laughable about the Bush administration?.
[/quote]
Mission Accomplished…
Participant[quote=jficquette]What was laughable about the Bush administration?.
[/quote]
Mission Accomplished…
Participant[quote=jficquette]What was laughable about the Bush administration?.
[/quote]
Mission Accomplished…
Participant[quote=XBoxBoy]
As to your friend. There really is no other word for what he’s proposing regarding the kitchen. It’s extortion, plain and simple. He probably has rationalized to himself that it’s okay because the bank doesn’t really care. True, banks don’t have feelings, they are companies, not people. But he’s still demanding payment for not destroying something that belongs to someone else. And that my friends is extortion.
XBoxBoy[/quote]
Banks extort money from people.
They extort 28% APR from you while paying 2% to account holders.
Participant[quote=XBoxBoy]
As to your friend. There really is no other word for what he’s proposing regarding the kitchen. It’s extortion, plain and simple. He probably has rationalized to himself that it’s okay because the bank doesn’t really care. True, banks don’t have feelings, they are companies, not people. But he’s still demanding payment for not destroying something that belongs to someone else. And that my friends is extortion.
XBoxBoy[/quote]
Banks extort money from people.
They extort 28% APR from you while paying 2% to account holders.
Participant[quote=XBoxBoy]
As to your friend. There really is no other word for what he’s proposing regarding the kitchen. It’s extortion, plain and simple. He probably has rationalized to himself that it’s okay because the bank doesn’t really care. True, banks don’t have feelings, they are companies, not people. But he’s still demanding payment for not destroying something that belongs to someone else. And that my friends is extortion.
XBoxBoy[/quote]
Banks extort money from people.
They extort 28% APR from you while paying 2% to account holders.
Participant[quote=XBoxBoy]
As to your friend. There really is no other word for what he’s proposing regarding the kitchen. It’s extortion, plain and simple. He probably has rationalized to himself that it’s okay because the bank doesn’t really care. True, banks don’t have feelings, they are companies, not people. But he’s still demanding payment for not destroying something that belongs to someone else. And that my friends is extortion.
XBoxBoy[/quote]
Banks extort money from people.
They extort 28% APR from you while paying 2% to account holders.
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