Thursday, September 20, 2012

Western Sky Loans

If you're clueless, there are plenty of advertisements for Western Sky loans, a Cheyenne River Sioux finance company. The commercials depict a squaw rapidly telling you how to get an affordable, overnight loan of up to $10,000 with an APR as high as 342.86%. I'm not joking. These rates have appalled people to the point of outrage. But let us do some math. The majority of people who live in the United States are descendants of people who took the 3,794,101 square miles of land initially inhabited by the Indians and this particular tribe now inhabits 4,267 square miles of it. So if we take that 4,267 and divide it by 3,794,101, we're left with .1% of the original land they could have inhabited. Now I know that you're thinking this is an unfair calculation, since not all of the Indians were forced to live on this particular amount of land and their original roamings were not all over the entire country. But life's not fair, unlike these loans which no one is forced to take out.

http://www.westernsky.com/

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