Federal Reserve coming to a theater near you
This morning on the way into work I heard an interesting story on NPR. The news reports was about the Federal Reserve Dept. It is going to start showing ads before movies. The ads would say things like “Are you facing foreclosure?” and “It shouldn’t hurt to get help!” They are basically trying to get people to go to their website and learn some tips on how not to lose your house. First of all, I think its great that the Gov. is looking at different ways to reach the public. The ads start April 9th and will only show in the states that have the highest foreclosure rate.
Here is my problem; if your house is going into foreclosure, why are you going to the movies? The American public has a big problem. We think that the Gov is going to save us. We think that we can spend, spend, spend on credit cards and not pay it back. In my opinion, a better way would be to use the web or a TV ad. It costs at least $20 dollars to go to the movies with someone. Who can afford that…. oh. People who’s houses are being foreclosed on.