Quote Originally Posted by Xei View Post
Found this gem on the BBC news comments today:




- Somebody offers to lend you £10,000 for £500 a year.
- You accept.
- A year passes and they ask for their £500.
- HELP I HAS BEEN BURGLED

?

Although Jeff doesn't seem to be arguing for the validity of loans, he also seems to think that

- Running a business in an atrocious manner
- Forcing the populace of the country (by threatening them with forced incarceration) to pay to keep your business in profit via your pocket politicians
- Staying put at taking gigantic sums of said money for your good work

is fine, which is also a crock of shit.
My burglar metaphor was about the bail-outs, not just the predatory lending by itself.