tag:blogger.com,1999:blog-8662171249638416805.post7461429796465494273..comments2024-03-18T08:34:11.052-07:00Comments on The Commercial Curmudgeon: Rewarding StupidityJohn F Jamelehttp://www.blogger.com/profile/18351383534436377360noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8662171249638416805.post-45115915199383423332011-10-03T04:45:04.958-07:002011-10-03T04:45:04.958-07:00And we are at an early age conned into becoming ob...And we are at an early age conned into becoming obsessed with our "credit score," which can only be brought to some magically high number by BORROWING MONEY and paying it back. Saving for what you want, and not borrowing it? Does nothing for that Sacred Credit Score. Therefore, Saving=Bad, Spending=Good. <br /><br />We've come a long way from those little bank books we got in first grade, which we used to deposit a dollar a week--I remember how proud I was to have an actual savings account. What do they do now, help first graders open a VISA account (using their own cell phones?)John F Jamelehttps://www.blogger.com/profile/18351383534436377360noreply@blogger.comtag:blogger.com,1999:blog-8662171249638416805.post-2749781317210882982011-10-03T04:31:46.429-07:002011-10-03T04:31:46.429-07:00What really hurts is that these people seem to thi...What really hurts is that these people seem to think that they're providing a service; to their way of thinking, it's their patriotic duty to fleece dunderheads and thus indebt the nation all the way to salvation. As has been noted many times, bankers are as stupid with money as everyone else; since they can't remember the other times that this sort of tactic has failed (Dirty Thirties, anyone?), it's time to dust off the aphorisms about the banality of evil.DreadedCandiru2https://www.blogger.com/profile/15561460498807276057noreply@blogger.comtag:blogger.com,1999:blog-8662171249638416805.post-22871927478504128642011-10-02T14:09:11.453-07:002011-10-02T14:09:11.453-07:00You do understand some of us pay off our balance e...You do understand some of us pay off our balance every month and get the reward money, right? Stupid people leave balances. Smart people use credit to their benefit.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8662171249638416805.post-81457275330068394232011-10-02T12:12:31.967-07:002011-10-02T12:12:31.967-07:00Welcome to America, my friend. The nation is a te...Welcome to America, my friend. The nation is a teenager and the behavior of its citizens reflects that. There are a few who are smart enough to pay most or all of the balance each month on their card, and those people will actually profit from this (yes, I know they're the exception).Anonymousnoreply@blogger.com