Pete
03-09-2010, 10:41
OK, who of the many polecats in Washington read the Farm Bill before they voted for it?
Looks like nobody. Well, let me take that back. Somebody slipped this in....
Defaulted Loans May Haunt Seniors
http://finance.yahoo.com/focus-retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=fidelity-managingwealth
"......Though no one argues that people shouldn't repay their debts, the change is coming at a challenging time for older Americans already pinched by mortgage woes, pension cuts and spiraling medical costs.
The shift applies to debtors of all ages, but Social Security recipients will bear much of the brunt. A Wall Street Journal analysis of Treasury Department data shows that Social Security recipients comprise a large and growing percentage of people from whom the Treasury recovers debts.........."
Looks like nobody. Well, let me take that back. Somebody slipped this in....
Defaulted Loans May Haunt Seniors
http://finance.yahoo.com/focus-retirement/article/109011/defaulted-loans-may-haunt-seniors?mod=fidelity-managingwealth
"......Though no one argues that people shouldn't repay their debts, the change is coming at a challenging time for older Americans already pinched by mortgage woes, pension cuts and spiraling medical costs.
The shift applies to debtors of all ages, but Social Security recipients will bear much of the brunt. A Wall Street Journal analysis of Treasury Department data shows that Social Security recipients comprise a large and growing percentage of people from whom the Treasury recovers debts.........."