Did you know that usury was actually illegal at one point?
My son is charging interest… to his coworkers… like a payday loan. That’s better than anything I could make in the market.
According to wikipedia, back in the day (and we’re talking another century):
Moneylending during this period was largely a matter of private loans advanced to persons short of cash, whether persistently in debt or temporarily until the next harvest.
This week alone, he’s:
- charged one
friendco-worker 12.5% for a $200 payday loan - had to remind another co-worker that in fact, they aren’t “even” from the $40 he loaned him last week (this guy is an “every-second-pay-day-loaner” – except beer appears to be more important – dude’s like twice his age)
- also got a friend a job through re-jigging her resume to amplify her accomplishments – she paid for dinner!
- drove the temp workers home for an extra $20 – Yaris = great gas mileage
OK, he still does extravagantly generous things like “pay for the table” with his friends, brings all the booze and fixings for a party and buys me wonderful gifts that I’d never get for myself for every occasion.
But he is losing his socialism tendencies of feeling sorry for and somehow responsible for every Tom, Dick and Jane that complains about being broke on a regular basis. I think choosing to work 70+ hours a week while seeing others not make that choice for the last 8 months has toughened him up.
He’s reaching the same point that I am – that we’re making or have made enough this year and maybe it’s time to scale it back a bit in 2012.
After all, the world could end in 2012 – couldn’t it?
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