Payday Loans in California: School Districts Owe $1 Billion on $100 Million Borrowed:perfectly exemplifies the complete parasiti

Submitted by Quest-News-Serv... on Sun, 12/09/2012 - 22:27.

(CLEVELAND, OHIO SCHOOLS ALSO)This story here, as much as any I have ever read, perfectly exemplifies the complete parasitic, ponzi and entirely unsustainably criminal carcass of an economy that remains in the United States today. This is devastatingly frightening reading. The state of California is completely finished. From NPR:

In some cases, districts are on the hook to pay back anywhere between 10 and even 20 times the amount they borrowed.

http://libertyblitzkrieg.com/2012/12/09/payday-loans-in-california-schoo...

Payday Loans in California: School Districts Owe $1 Billion on $100 Million Borrowed:perfectly exemplifies the complete parasitic, ponzi and entirely unsustainably criminal carcass of an economy that remains in the United States today.

http://www.stevequayle.com/

 
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