Easier access.......................from Rico

For those who don't remember, or who rely upon the presstitutes for their information, the "Financial Crisis" was brought on by INSOLVENCY not LIQUIDITY.

- Thanks to their ownership of career politicians, the insolvent banking-financial sector was "bailed out" by money stolen from the happy taxpayers. Problem solved!

Now our financial sector is looking for 'new' and innovative ways to sell their products to insolvent people, and taking a lesson from 'unemployment' numbers (if you don't count everyone who's unemployed, then unemployment goes down), and from 'inflation' numbers (if you don't count the rising prices for energy or food, then there is no inflation), the all-powerful FICO numbers are now going to be "massaged" and recalculated.

- Never mind that people are financially tapped-out or that large numbers of them already have accounts in collection...give them MORE access to credit by moving the goal posts.

Consumers aren't consuming because they don't have great FICO scores. This is because they are already eyeballs-deep in debt, missing payments, and don't have the income to support the credit lines they already have.

- What better way to 'help' them than by finding ways to get them even more deeply into debt?

AHA! Boost everyone's FICO score. This will give people 'better' credit, and thus easier access to credit at lower interest rates. Just think of all the money they'll 'save'...it beggars belief.

- This is much more easily done than fixing stagnant incomes or grim employment prospects. Voila! With the stroke of a pen, consumers can now buy $40K cars with only $50K incomes.

This makes perfect sense in a nation too stupid to understand that access to credit is not access to wealth, but really access to debt. Americans think that debt IS money today. Why actually PAY for anything with cash (college, cars, homes) when you can borrow to get what you want?

- The happy consumer [read: debt slave] can now go out and enjoy their boosted FICO scores by buying stuff they don't need with money they don't have, and continue to live the illusion of wealth.

Problem solved.

- At least for the financial sector. Again.