General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe GOP absolutely HAS been good for business!
It's policies have given Fred Thompson "gainful" employment encouraging seniors to reverse mortgage their homes at high interest rates so they can pay for their basic needs. Fred, of course, emphasies the fact that these loans are "government insured."
It's provided a great market for those pay day type loan companies..."We'll lend you as much as $10,000 because we trust you."
It's even given the furniture rental business a boost..."Rent your couch and TV from us...this is the new economy, after all."
I could go on but you get my point.
Turbineguy
(37,317 posts)a collapsing society.
We need more Satire and humor on RED INK Republicans! Got any good cartoons?
Raven
(13,889 posts)how this relates to my OP.
longship
(40,416 posts)Reverse mortgage just gives your house to the bank upon your death. What happens if you live too long?
Raven
(13,889 posts)eats the difference but there is no estate left.