April 10, 2006
Don't pay off your debt
Any personal finance advisor would suggest that paying off credit card debt is the first thing to do to get one's money matters in order. If you decide to heed that advice and pay off a chunk, you could be a suspected terrorist and your accounts could be frozen by the Department of Homeland Security. I am not joking. This is exactly what happened to Walter and Deana Soehnge of Rhode Island. They paid off a $6000 balance on their JCPenney card and they got into trouble.
Anyway, if you are not borrowing money to spend on things that you don't need, you are not supporting the American economy, hence you are as bad as a terrorist. So, don't pay off your debt. Spend more, get deeper into debt and you'll be fine.
Posted by Parag at April 10, 2006 03:14 PM
Ha .. true.
Went car shopping for a friend a couple of months back. Was chatting with the salesman and he was enquiring about my car. He asked me how I paid for it and I said 'straight up' (its not that much) .. and he was like .. "Well, you arent living life the American way then!!" :-D
