Just days after I wrote that "Buy a pack of gum, get two free roundtrip airline tickets" heralded the return of easy money, this arrived in the mail.
Discover Card: take our credit card, please! We'll give you $100. No annual fee, obviously. Just take the card, spend $1000 (perhaps on a free cash advance from the U.S. Mint), and away you go!
This is the result of the Dirty Fed's pushing on a string. They're giving so much free money to the banks that the banks are going to ridiculous lengths to find somebody to lend it to. I'll take their $100 but I'm not going to do anything stupid like carry a balance on the card.
8.23.2010
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