Appearances

COMMENTS | One comment so far

1. 1

   Hey Jean
   I offer this to you as a piece of totally unsolicited advice.
   I was watching your Money 911 segment on the Today Show this morning (while I was running in the gym!)
   You responded to the email from the woman who had borrowed $165,000 and could not repay it.
   Sallie Mae.
   Your advice was to restructure the repayments so she only had to pay $200+ a month for 25 years and then what was left over was waived.
   Or something close to that.
   I only offer this as a visceral response as an average viewer.
   What I felt, and purely as a gut feeling here, was a sense of annoyance and outrage that yet another person was ‘escaping’ their debts.
   In light of what Citibank and AIG do, of course, this nonsense, but never the less, it was a very real reaction.
   I am sure your advice was all legal and proper, and you made a point of saying so, but I was hoping (again in a visceral sense), perhaps even expecting
   that you might say ‘are you out of your mind? What were you thinking? The first thing I want you to do is cut up all of your credit cards”.
   Debt, like obesity, is a real problem in America.
   If The Biggest Loser is such a smash hit, probably this is telling us something.
   You might try to resonate more with the increasing mainstream of outrage, even on a small scale.
   For what it is worth
   best
   m

   • Posted January 13, 2010 by Rosenblum