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Tuesday, April 14, 2009


The American "dream", part II

There's an ad running on TV now, featuring a smiling, clearly very happy young woman. She recounts the story of how she had a medical problem and ran up bills of $17,000 that she couldn't pay. So why on earth does she look so happy? Because, she tells us, she called up her credit card company and they worked out a payment plan so she could pay off her debt over a longer period of time.

Woo-hoo! What a happy ending!

Just imagine how much happier she'd be if she lived in Canada or France or England or Cuba or any of dozens of other countries where she never would have seen that $17,000 bill in the first place! Unfortunately, there's no credit card company that's going to make money by making and running that ad.

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