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Would love to read the collected works of Loyal Progressive. I appreciate your wit and wisdom, and your skill with the rapier as you slice and dice! Keep up the good work!
I don't believe that a bank should be able to lend money it does not have. If this was law, then a bank would be unable to make loans until payments flowed back in enough to loan back out again. If one bank had no loan money available the customer would go to another bank that had money to loan. Or, if a bank wanted to write a loan, but had no money, it would have to pay to borrow from a bank that did have money and pay interest to that bank. Both the value and cost of money would be seen in the interest rates.
That 36,000 is way, way too low. There are probably that many fake disability claims in few county area in which I live and work. I work in healthcare and when I speak with other healthcare providers, we agree that over 80% of disability cases are fake. Those people, faking disability, may have some issues, as do many people who work, but they are not going to die in the streets if they disability gravy-train was ended. Even a guy that works for social security told me he spends his day dealing with people faking or exaggerating disabilities.
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