True. However, I would also actually like to feel that I am paying my Prime fees for more than just access to the comment threads. (Although with the cast of characters commenting here, that is worth $$ on its own. Lots of great minds here.)
Not to mention the rest of us. ![]()
Or, as I often tell people, “I have a promising future behind me.”
Or local businesses like restaurants that lost business when sales dropped during the shutdown.
Life is going great. Each day is better than the next.
I heard that number on NPR, didn’t read a print article on it. NPR noted that delinquencies on car loans tend to be a real sign of economic distress, because people need their cars for work and will stop payment on other bills before they end car payments.
However, NPR said the current high delinquency rate might reflect predatory lending rather than economic distress. Auto loans by banks and credit unions are not showing higher than usual delinquency. The problem may be due to shady dealers, often used-car sellers, who push crappy financing deals on customers. The dealer can make more money from brokering the loan than from selling the car.
NPR didn’t report on why such lending might have become such a large problem now, so some more digging is necessary to understand what that 7 million number is telling us.
Excellent! Please go to our subscription page, which is located at a particular place. Pay some amount and you will receive something at some time.
just subscribe to AP
or feeding a very cute cat?
i’m paying in bitcoin!
He likes to have his ample belly rubbed.
that’s funny - so does mine - except I’m not retired and have to work it around my schedule
Too bad you’re sitting here watching loons on the Potomac. ![]()
However, NPR said the current high delinquency rate might reflect predatory lending rather than economic distress.
But let’s end the regulations that keep predatory lenders minimally honest!
As to the unemployment numbers, I’m pretty sure the WH will spin it as, “look, we shut down the government and unemployment went down. It reopens and boom, unemployment is back up!”
“irksome”. Hehe. Yeah. “irksome”.
You are too kind. If you read the NYT or the WaPo, you know TPM is for the most part regurgitating articles posted elsewhere.