Sunday, December 30, 2012

Convincing you that debt is good? For Bank Americard, it's as simple as....well, you know.

Ugh, I am so damned sick of the grinning idiots happily telling me how thrilled they are to be getting a tiny rebate every time they join the Never Pay Cash No Matter How Small The Purchase Is parade.  Does it ever, EVER occur to any of these jackanapes that if they weren't taking out tiny loans for everything from cups of coffee at Starbucks to gasoline at BP, they wouldn't be celebrating being handed pennies in exchange for their dollars, but would instead know exactly how much money they have, all the time?

I mean, think about what these people are telling us.  They borrow money constantly.  Which means they are constantly paying interest on that borrowed money.  BUT, Bank of America refunds them one, two, or three percent of their loan, depending on the enabled purchase.  This is supposed to be a great thing.

What they AREN'T telling us- each and every "Bank Americard" user is STILL paying interest rates of 9, 14, or 19% on balances carried over month to month.  Apparently, this simply doesn't matter to the drooling idiots who live off that piece of plastic in their wallets which lets them pretend that stuff is just free because it doesn't cost paper.  This is like regularly borrowing money from a friend because he hands you back a penny every time you borrow a dollar- then charges you $1.05 when you pay the dollar back.  And thinking this is a good deal.

What the hell is the matter with you morons??  There is no such thing as a "good deal" from a Credit Card Company, OK?  Use credit cards to get your car fixed, to buy plane tickets, or to deal with some emergency expense.  Toilet paper?  Coffee?  Gasoline?  Stop being morons with your money!!*

And if you MUST use Credit Cards, at least stop trying to convince me that there's something to be gained by it.

*Says the guy who spends hundreds of dollars a year buying chocolate, bagels, and lunches for kids he's not related to and who won't even remember his name three years after they've graduated, if it takes that long.

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