Putt Toxey
Aug 4, 20194 min
1. Is it fair for the banking institutions and credit card companies to lend out money with high-interest ratings? If I lend someone money for whatever reason and charge interest it is considered loan sharking.? Especially after the banks turned them down. I can lend my own family money and charge interest and that is legal how crazy is that? ( Payday lenders are often granted exceptions, charging annual interest rates of up to 400%. They can offer such high rates because of the special provisions offered by state governments.)
3. Is it fair the government will give an 18-year-old just leaving high school almost unlimited amounts of student loans? These loans the student does not need money or credit history to get approve. If the same child yes child tries to get a loan for a fraction of the school loans to start a business they will get denied even if they have a great business proposal.
4. Is it fair If something is deemed harmful for our health the government still allow companies to manufacture the products? Cigarettes some pharmaceutical drugs the ones with the really bad side effects. etc etc. If you own a small mom and pop business they will find all type of code violations and safety regulations to shut down your business.
5. Is it fair people get put in jail for not paying their bills (taxes) but the government can lend money to other nations and owe to other countries and it's ok? U.S. National Debt Hits Record $22 Trillion Federal deficits are now expected to average $1.2 trillion, or 4.4 percent of gross domestic product — far higher than the average over the past 50 years
6. Is it fair when you owe the government money they can freeze your assets and put you in jail. If the government owes you the same amount of money you have to wait until they get around to giving it to you. Or just deduct it from the next time you owe them! When defendants are unable to pay them, it is at the court's discretion to suss out if it's because they can't, or they won't. If the court determines it's the latter, they are often jailed, and not just overnight. Defendants can spend weeks or months in jail for not paying fines
The different ways they are spying on us this is just a few
9. Is it fair every important decision you make in life the government makes you take some type of training course. Either college, trade school or safety classes. When it comes to them putting you in debt that's all on you. Why is there no mandatory course before you buy a home or take take out a huge loan? I will answer this one, if they taught people the in's and out's of owning a home most people wouldn't buy one. Or the ones that do purchase the home will be better equipped to deal with and keep this 30-year bill. Plus think twice before taking the loan knowing they will end up with a lose lose situation. The Federal Reserve Bank of New York says that while the rate of delinquencies was steady in the last quarter of 2018 at 4.65%, Moody's predicts looser underwriting standards and rising interest rates will result in higher delinquencies and foreclosures in 2019