Suze Orman opposes bailouts–but misses the addiction link
Oprah Magazine carries an excellent column by financial guru Suze Orman. It's rare that I agree with financial advice offered by other experts, but Suze is an exception. While I have a tough time watching her on TV (she's a bit animated for my tastes), her suggestions are generally sound.
Her column in the September issue of Oprah is no exception, except for what could be a fatal omission. The inquiry involves a daughter who racked up $10,000 in credit card debt, student loans for college courses that go unfinished and recently unemployed ("lost her job"), now behind on all her obligations. Here's my comment:
Dear Editor,
Suze Orman is right-on in advising that the parents of the 18-year-old daughter who racked ...
