[ForSale-Swap] Paypal

[Radioman390 at cs.com]

Oh boy! If they become a bank, we taxpayers can bail them out! Those baseball cards will become collateral for the FDIC.

Actually our country's citizens have tremendous assets, like baseball cards, collector comics, porcelain figurines, and restored collectors cars. And most importantly, boatanchor radios.

Hell, we're not broke, just illiquid

BTW, the credit card they offer (not the debit card), isn't that theirs, or is it a branded card from Chase?

Also EBay is offering deferred payments. Is that through PayPal?

>Carl wrote:
>> PayPal is not a bank and not regulated as such which allows them to 
>> play free with your money and with absolutely no recourse.
>>
>>
>Partially true, Carl - it depends where you live.
>

>One has to think they've got the same thing in mind elsewhere.  Once 
>they are a bank, they'll be able to provide loans, which may not be a 
>real attractive business to get into just now...
>
>73, Bob W9RAN
>______________________________________________________________
>ForSale-Swap mailing list
> FAQ: http://mailman.qth.net/swap/swap.htm
>Home: http://mailman.qth.net/mailman/listinfo/forsale-swap
>Help: http://mailman.qth.net/subscribers.htm
>Post: mailto:ForSale-Swap at mailman.qth.net
>