http://mockable.org/stupid-is-as-stupid-well-the-guy-in-front-of-me-at-the-checkout-was-stupid/ Your online clearinghouse for all things mockable Mon, 12 Jul 2010 01:06:01 +0000 hourly 1 http://wordpress.org/?v=3.0 http://mockable.org/stupid-is-as-stupid-well-the-guy-in-front-of-me-at-the-checkout-was-stupid/#comment-3081 clintcurtis Wed, 30 Dec 2009 10:27:06 +0000 http://mockable.org/?p=1996#comment-3081 "Swipe fees" Hey, I know it's the 2000s, but "back in the day" the loan sharks just called it "the vig." Funny thing is, that if you go back 30 or 40 years, the oraganized crime guys getting sent up the river for loan sharking were charging less than some of the higher priced credit cards are charging today. On a most trivial, yet kinda interesting way, the crime of loansharking is known as "Usery." I found out in a real estate course years ago that "usery" goes both ways. You can get sent up the river, to the Jeff Kay trademarked, "pound me in the ass Federal Penitentiary" just as quickly for charging over the Federal mandated interest rate as you can for giving someone a loan and charging UNDER an interest rate prescribed by the Feds. So...it's kind of true, a good deed never goes unpunished. “Swipe fees” Hey, I know it’s the 2000s, but “back in the day” the loan sharks just called it “the vig.” Funny thing is, that if you go back 30 or 40 years, the oraganized crime guys getting sent up the river for loan sharking were charging less than some of the higher priced credit cards are charging today. On a most trivial, yet kinda interesting way, the crime of loansharking is known as “Usery.” I found out in a real estate course years ago that “usery” goes both ways. You can get sent up the river, to the Jeff Kay trademarked, “pound me in the ass Federal Penitentiary” just as quickly for charging over the Federal mandated interest rate as you can for giving someone a loan and charging UNDER an interest rate prescribed by the Feds. So…it’s kind of true, a good deed never goes unpunished.

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