I just want to make sure I'm understanding this correctly...

So the Fed is taking my tax money - money that, if I don't have the cash in hand to pony up on April 15, I will be charged a 7% interest rate to finance payments through the Feds. 

They're taking my tax money - money that I could be using to grow our business, money that I could be spending in our community, money I could be using to pay down debt and make my family more financially secure, money I could be using to enrich our children's lives - and giving it to banks.  Banks that are going use my own money give me a loan at an interest rate probably within a point or two, one way or another, of seven percent.

If I were a dude on the street, and Guido was going to beat me up if I didn't pay protection money, and I had to take a loan from Guido's brother, Joey the loan shark, to pay the protection money, well, I'd think things were kind of screwed up.

So what am I missing here?  This isn't really what our financial system has come to, is it?

Posted by: Alice H at 09:53 AM | Comments (4) | Add Comment
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