4 chapters across the catalog
Trump Economic Proposals, Car Loan Deductibility and Tariffs
Donald Trump details economic plans on Maria Bartiromo's show, including making car loan interest tax-deductible and eliminating taxes on tips and Social Security. Trump asserts that high tariffs will force car companies to move production from Mexico and China back to the United States.
Lenders for subprime auto loans are increasingly installing GPS-based kill switches that allow them to remotely disable vehicles if payments are missed. Beyond debt collection, this technology provides a framework for the state to monitor driving habits and issue automated fines for speeding or illegal U-turns. Similar systems are already mandatory for taxi cabs in cities like Amsterdam.
A host shares a personal story about a $143,000 IRS dispute that resulted in a tax lien on all assets and a credit score of 320. The anecdote illustrates the difficulty of navigating the modern financial system and the "scam" of credit scoring, which requires individuals to borrow money to prove creditworthiness.
Paytech Remote Vehicle Disabling, Austin Dealership Hacking Incident
A former car dealership employee in Austin, Texas, used a remote system to disable over 100 vehicles and trigger their horns. The technology, provided by companies like Paytech, allows lenders to remotely shut down cars when customers default on loan payments. Concerns are raised about the legality and safety of such "credit solutions" that grant third parties control over private vehicles.
