If Ann Minch's Debtors' Revolt Were to Take Off....

Then the credit card companies would, rather depressingly, exercise an option to kick the unpaid debts into the taxpayer-sponsored TALF fund, according to this blogger. Unless, of course, it had run out of cash.

Comments

OSR said…
Thanks for the link. Actually, the CC companies are already milking the TALF cow in earnest.(http://talf.info/index_files/Page740.htm)
Martin Meenagh said…
You're welcome, and thank you for the information. I'll link permanently to you later on.

Sam Adams once said that 'being rich was only evil when it was with taxpayers' money'--I'm beginning to agree!