“Clueless”
July 9, 2009 | industry, regulation | Comments (0)Larry Meyers weighs in on Errol Louis’ Daily News column discussed below:
Once again, Mr. Louis chooses to buy into the rhetoric of an anti-capitalist organization whose primary spokesman was made to look a fool at the Gutierrez Subcommittee hearing. Mr. Louis seems to consider that someone who needs to pay for a child’s doctor visit, get their car fixed to get to work, get a magician for their kid’s birthday party, or pay a utility bill is “damaged” because they chose to borrow money.
Mr. Louis is out of touch. This isn’t damage. It’s life. It’s reality. It’s paying for things that need to be paid for when credit options are limited.
Let it out, Larry. Stop holding back.
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