NSFW or just basically a warning for some of you; because she does tell it like it is!
Some background on why I find this such a great idea!
In the ‘80s, I was audited by the IRS and found to owe more than I have in ready cash. So, as I had been trying to establish a relationship (and had all personal and business accounts) with my ?friendly? neighborhood bank (for my new technical consulting company, Muffler & Associates, Inc. MAI), I approached them for a short term loan. After a few days of review, not only did they say no to the total amount, they indicated that they wouldn’t lend any money. I explained that I wasn’t trying to buy a new car (or Iphone in a 2017 reference) but pay off the IRS. My business plans were solid and I had contracts to support the projected income. But no the bank was adamant – no money for Ruthi!
As a result of a former job, I had an account at a local Federal Credit Union (at the time, membership, i.e., accounts, were restricted to members – which was determined by each Credit Union’s charter). I had a sum total of $5.00 in the account as a place holder. I did not have any of my personal or business accounts with the Credit Union. So, I went across the street to the Credit Union (yeah, like gas stations business with common goals seem to congregate in clusters) and completed a loan application and waited for a response. A few minutes later the loan officer asked me back to her office and we discussed not only what I needed the money for, but my assets, cash on hand, contract values, revenue projects, etc. etc. etc. then she offered me a “signature” loan for approximately half of the IRS bill. FYI, a “signature” loan is a non-secured loan, i.e., if there is a default the bank has no assets to garnish in repayment of the loan. What that really means is that the Credit Union trusted it’s loan officers to do the right thing and assess the credit risk for each customer.
Well, half was better than none, so I signed on for the loan. My next step was to go back to the old bank and close my accounts except for the mortgage and move ALL my money to the Credit Union. Eventually I was able to re-finance my home at the Credit Union which then meant they had all my banking business from that day to today and beyond! So I have a special appreciation of Sarah’s own actions.
Sarah Silverman took control of her own money and sent a f*ck you to Big Oil at the same time. This is on Facebook but like me you don’t need an account to view the video. Just move the “To see more from NowThis on Facebook, log in or create an account.” Box out of the way with the scroll bar on the right. ENJOY!
“I hate a liar more than I hate a thief. A thief is only after my salary, a liar is after my reality.” 50 Cent
1st Amendment - Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.
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