Journey with Confidence RV GPS App RV Trip Planner RV LIFE Campground Reviews RV Maintenance Take a Speed Test Free 7 Day Trial ×
RV Trip Planning Discussions

Go Back   iRV2 Forums > COMMUNITY FORUMS > Just Conversation
Click Here to Login
Join iRV2 Today

Mission Statement: Supporting thoughtful exchange of knowledge, values and experience among RV enthusiasts.
  This discussion is proudly sponsored by:
Please support our sponsors and let them know you heard about their products on iRV2
Thread Tools Search this Thread Display Modes
Old 11-29-2022, 09:31 PM   #1
Senior Member
Ray,IN's Avatar
Join Date: Aug 2001
Location: North America somewhere
Posts: 28,090
Interesting article on financing and interest rates
2000 Winnebago Ultimate Freedom USQ40JD, ISC 8.3 Cummins 350, Spartan MM Chassis. USA IN 1SG 11B5MX,Infantry retired;Good Sam Life member,FMCA." My fellow Americans, ask not what your country can do for you, ask what you can do for your country. John F. Kennedy
Ray,IN is offline   Reply With Quote
Join the #1 RV Forum Today - It's Totally Free! RV Community - Are you about to start a new improvement on your RV or need some help with some maintenance? Do you need advice on what products to buy? Or maybe you can give others some advice? No matter where you fit in you'll find that iRV2 is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with other RV owners, see fewer ads, upload photographs, create an RV blog, send private messages and so much, much more!

Old 11-30-2022, 04:56 AM   #2
Senior Member
Join Date: Dec 2019
Location: NC
Posts: 1,222
"I'm from the government and I'm here to help you" comes to mind.
2005 Cummins 2WD 3500 LB CC dually 2014 Blue Ridge 3025RL
Toby Dog is offline   Reply With Quote
Old 11-30-2022, 10:03 AM   #3
Senior Member
Join Date: Feb 2021
Posts: 896
Interesting. He tells us what they're not doing but doesn't hint at what they ARE doing with the money (other than a quick reference to CEO salaries). Then at the end, you find out he ran one of these institutions for years. I wonder about his motivation to write this.

He does reference a report by the GAO, but doesn't mention that it was written almost 20 years ago, in 2005. It also fails to mention that Congress gutted and re-wrote that system in the late 1980's, allowing commercial banks access to the system.

I'm quite sure there are a number of examples of complex financial dealings that the general public doesn't understand (myself included) and I'm also confident that complexity is by design. The derivatives fiasco in the early 2000's comes to mind.

Thanks for the link Ray. Interesting reading.
propchef is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Financing and interest rates buddy110 Entegra Owner's Forum 1 08-02-2017 02:49 PM
Recent financing rates and experience etcmss General Discussion 12 12-10-2015 04:00 AM
Financing interest rates? Dickens General Discussion 3 07-27-2014 12:55 PM
Recent interest rates and source BobnMelba MH-General Discussions & Problems 20 03-22-2014 06:21 PM
High interest rates on MH? rocketpod Winnebago Industries Owner's Forum 16 04-24-2011 06:30 PM

» Featured Campgrounds

Reviews provided by

All times are GMT -6. The time now is 07:37 PM.

Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2023, vBulletin Solutions, Inc.