Thursday, October 2, 2008

A 'Good' Loan

In order to help this economy along, I propose someone loan me far more money than I'll ever need. In fact, loan me enough money for me to live quite well, and then loan me more money on top of that so that I can set aside some money to make payments for a hundred years. Sound ridiculous? Well, how about just my current debt? Let's grab the mortgage, the student loans, and the credit card, pay them off with a brand spanking new loan- one with a lower interest rate and much lower payments than I have now.

Or I suppose we could do it for those who have far worse credit, a history of behaving badly with credit and bail them out, though I'd like to suggest my history of actually paying stuff on time would at least keep the illusion going.

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