"Debt" is the Fastest Growing Business in America

[MrSafetymeeting]

SO TRUE.

[romeoechomike369]

Repo Man! The collection agencies use scare tactics to intimidate those who owe money to the credit card banks. Yet, when they committed the crime of the century, namely creating a giant ponzi scheme, then instead of going to jail they get bailed out to the tune of billions of our tax dollars. So tell me again why it's against the law to rob banks, but it's not against the law for them to rob us? They have sold our children's future and destroyed the middle class.

[FabricationFilms]

What a lovely business.....NOT!!!!

[HurricaneHeidi]

WORSE than just "charging interest to people" -- they create new money out of thin air and then lend it out at 10-20% interest. The Federal Reserve chartered banks are allowed to do this because Congress passed The Federal Reserve Act in 1913... which, among other things, authorized legalized counterfeiting (creation of new money out of nothing).

Think about it... if you have risked nothing but vapor money, you are not afraid to make "bad loans" and then write off losses, are you?