Interest

Rayas, originally uploaded by lucienphoto.

Usu·ry
Pronunciation: \ˈyü-zhə-rē, ˈyüzh-rē\
Function: noun
Inflected Form(s): plural usu·ries
Etymology: Middle English usurie, from Anglo-French, from Medieval Latin usuria, alteration of Latin usura, from usus, past participle of uti to use
Date: 14th century
1 archaic : interest
2 : the lending of money with an interest charge for its use; especially : the lending of money at exorbitant interest rates
3 : an unconscionable or exorbitant rate or amount of interest; specifically : interest in excess of a legal rate charged to a borrower for the use of money

We have come a long way here in the USA. Bankers and financial institutions feel that they are above the law. When did it become conscionable to charge users outrageous amounts of interest and pay executives outlandishly exorbitant amounts of money, but pay the stakeholders (savings, CDs, etc) such a pittance? When did we lose our interest in fairness? When did it become acceptable to be a robber baron again? Some say it never changed. I wonder how much longer the great institutions will practice usury? How much money will they spend on fighting financial reform? How will they find a way to tighten the screws on Joe the Plumber now? Joe, will of course, blame liberals, who he thinks are stealing his hard earned money. Hopefully, Joe will wake up in time to hear that instead of loaning small business men (like him) funds to operate, they choose to hide the money in sleazy "investments" like derivatives and hedge funds and losing portfolios, while counter investing in something else. Both ends against the middle.

More importantly, when is middle-America going to awaken from the trance and take back what Wall Street has taken from them? When will Mom and Pop and Sis and Bro get a fair interest rate on the savings? When will they have credit cards that they can actually use in emergencies?

Rayas

Rayas, originally uploaded by lucienphoto.

Living by the code of silence. Wiped out by life, work, executor responsibilities. I can't sleep, my appetite is down. My head won't stop spinning and I am feeling overwhelmed. Hopefully the siblings will respond and I can move along with the monster list of tasks.