Originally Posted by NatureGirl
Thought this was interesting. I'm in Canada and didn't expect this outcome:
Did a test today. My husband's birthday present from the family was a small TV for his home office. He had decided to use our digital box in the office for hockey games, and had decided to get a high def box from the cable company for our main TV. When he phoned in the order, the first thing the service rep wanted to do was put it on our credit card, but he said "no". He indicted that the website said that you could put this onto the cable bill for 3 years for about $20/month and that's what he wanted to do. The rep said that it actually goes through Wells Fargo. I thought this was kind of weird, but agreed to see if we could get credit so long as I could pay the whole thing off anytime I wanted to. I was curious because all day the TV reporters have been saying that noone will be able to get loans in the near future. Now, our brand new Jeep was approved just last year through Wells Fargo - I mean, these guys approve everybody for everything! Not only that, but we paid off our Jeep loan in less than a year! Well, guess what, they wouldn't approve us for the mere $500 on a box that could easily be returned to Shaw if we didn't pay the $20/month on the plan. We had to laugh at this because it seemed too unreal to be reality. I mean our credit is solid!! It was a test that I didn't think would end up like that, talk about shock! We can buy the box if we want to, with cash, but this is just too strange. They had mentioned on the news that no one will get credit for anything - cars, student loans..., but in Canada, too? - I didn't see that coming.
PS: yes, we have an emergency plan in place - have had for a number of years - just so you don't think we've got our head in the clouds.
I'm thinking people who do have their head in the clouds are in for a BIG surprise! I'm curious though, why aren't Americans on the streets in droves, protesting that their government completely ignored the people whom they represent??? I just don't get it. I mean their government has done whatever they've wanted to do for 8 years and NOW, when it is so blatent that the people were ignored, nothing - is this just the media hiding things again? Are people protesting?
In Chicago, renters were being evicted from their homes (by the bank) with little to no notice - families of 4 standing in the streets, for God's sake! I guess the bank forclosed on the landlord/owner of the building, then the bank came in to evict people. The renters themselves had done nothing wrong. This kind of thing is already happening. The mayor stepped in, but there's only so much that can be done. Very, very sad.
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