tag:blogger.com,1999:blog-2589284862483958094.post6437281032696375494..comments2023-09-09T10:03:41.206-07:00Comments on SWARM The BANKS : Banksters Biggest Lie about Credit Card Debt is Harming HAMP's ability to work and is also prolonging our economic downturn as well.Alessandro Machihttp://www.blogger.com/profile/06316327488702524564noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2589284862483958094.post-32143776517636408002010-12-20T20:02:53.275-08:002010-12-20T20:02:53.275-08:00You seem confused about my positions on credit car...You seem confused about my positions on credit cards and the banksters, how unfortunate.<br /><br />I appreciate you taking the time to post, but, huhhhhhhh? Take a deep breath, look around, and you'll see how easy it is to navigate Swarm the Banks.<br /><br />The two columns next to the main middle column have dozens upon dozens of the newest article links to foreclosure blogs.<br /><br />The two far end columns offer additional goodies that all you have to do is click on, and you get more important information.<br /><br />As for what I presume to be your first comment up above, I don't know if you were accusing me of supporting high credit card interest rates, but if you were, the answer is, no, I don't, however you've thrown mud on me, and I'll need to take a shower now.<br /><br />yeesh.Alessandro Machihttps://www.blogger.com/profile/06316327488702524564noreply@blogger.comtag:blogger.com,1999:blog-2589284862483958094.post-63959703077468108782010-12-20T19:43:30.401-08:002010-12-20T19:43:30.401-08:00Jeez this blog is a mess. Impossible to read or di...Jeez this blog is a mess. Impossible to read or digest.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2589284862483958094.post-73838435320790664352010-12-20T19:37:35.200-08:002010-12-20T19:37:35.200-08:00Here, like everywhere else, we get the received wi...Here, like everywhere else, we get the received wisdom and assumption that these monstrous interest rates charged for unsecured credit card debt are in any way proportional to mitigating the risk. This isn't keyed to anything else but a rigged colluded price fixing within the credit card industry. If these interest rates were actually reality based, they would vary, and would not be consistent across the board. Different companies would offer rates applicable to their exposure. But nooooo. Regardless of their real exposure, the rates are "industry standard" which means that they have been inflated. It's thievery, and you should not be defending it. <br /><br />People agree to extortions day in and day out. Parking fines; the price of bread; airline tickets; you name it. These prices are not reflecting anything but a unilateral claim by the seller that the price is real or valid. You, as the buyer, have no option other than to guess, *even* if you shop around. Proof? Look at gasoline price fixing, which has happened. Wheat and other commodity price fixings. These cartelizations are all *over* the place. Why on God's green earth do you defend these credit card mafiosi as being in any way legit? I will pay them back the money I borrow, but I will not be extorted. I agreed to 9% interest; that's what they get. They cannot change the goalpost on me in the middle of the game on a "hedge." <br /><br />People are PUSHED into default by these criminals. Decent, honest, bill-paying people are pushed into default deliberately.Anonymousnoreply@blogger.com