I’m having another of those “you know you’re old when … ” experiences.
AARP has been trying to make me feel this way for years by sending my “membership” packets all too frequently. Here’s a hint, guys:
I know who you are and how to get ahold of you. When I see how much money you waste sending me these junk mail packages (like yesterday), it lowers the probability that you will get any of my money.
Another big sign was when my little sister retired. Then they started putting people younger than me on the Supreme Court. Then I noticed that I had never heard of the musical guests on Saturday Night Live. But today the impetus is the financial regulation bill.
I can remember when “used car salesman” was the way you described sleaze. Not banker, not even politician. But in an amazing loophole just guaranteed to screw people who can ill afford to be screwed, car dealers are not subject to predatory lending oversight with the new Consumer Financial Protection Bureau under the Fed.
What’s up with that? Can young people and the working poor be treated unfairly by a fast-talking used car salesman that doubles or triples their profit in an abusive loan? I would say so.
What’s wrong with this picture?