Comments on: Defaulters to be sucked dry http://moinakg.wordpress.com/2009/02/12/defaulters-to-be-sucked-dry/ Moinakg's Ramblings Tue, 01 Dec 2009 13:34:06 +0000 http://wordpress.com/ hourly 1 By: Moinak http://moinakg.wordpress.com/2009/02/12/defaulters-to-be-sucked-dry/#comment-153 Moinak Fri, 13 Feb 2009 03:31:21 +0000 http://moinakg.wordpress.com/?p=231#comment-153 The bailout money can come with high interest rates. However for all you know they will find ways of passing on the punitive buck to their customers by hook or crook! The bailout money can come with high interest rates. However for all you know they will find ways of passing on the punitive buck to their customers by hook or crook!

]]> By: Garrett D'Amore http://moinakg.wordpress.com/2009/02/12/defaulters-to-be-sucked-dry/#comment-151 Garrett D'Amore Thu, 12 Feb 2009 19:03:24 +0000 http://moinakg.wordpress.com/?p=231#comment-151 Thank God this is not happening in the US. Here such a high interest rate would be considered usury. As a taxpayer getting stuck with the bill for the bad loans and subsequent bailout of banks that have made crummy loans, the complaints of these banks seem like crocodile tears to me. Can we charge punitive interest rates to these banks taking funds from the taxpayers? Thank God this is not happening in the US. Here such a high interest rate would be considered usury.

As a taxpayer getting stuck with the bill for the bad loans and subsequent bailout of banks that have made crummy loans, the complaints of these banks seem like crocodile tears to me.

Can we charge punitive interest rates to these banks taking funds from the taxpayers?

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