Wednesday, December 19, 2007

Before you sign...

Scenario 1: You're going through 9 pages of paperwork with the bank for the approval of your loan. At the signing, you:
A: Get a short synopsis of each page and then sign where the loan officer tells you to sign.
B: Read and scrutinize through each section, asking questions before you sign anything.

Scenario 2: You are about to sign the contract for your new job. When it comes time to sign your contract, you:
A: Go ahead and sign it. You're certain it says exactly what you agreed it would say.
B: Read and scrutinize through each, making sure everything is correct before you sign at the bottom.

Although entirely different scenarios, the importance of each doesn't change. You have to know, understand and agree to all the terms when you're entering into something that requires your signature.

Sure, going through those nine pages at the loan signing will take an extra 20 to 40 minutes as you read over everything... and yes, you're eating into the loan officer's lunch break. But this is important because once signed, it's fixed.

And re-reading the contract with your about-to-be employer before signing it may make you appear to be a bit paranoid, but if something is wrong and not in your favor, you want to catch it BEFORE you sign.

Home loan. Employee contract.

Important things.

They really don't compare to a hill of beans when it comes to imposing a federal law, right? Once something is law, we're all bound to it and can face severe punishment if we don't comply.

On Wednesday, December 19th, the Energy Bill was signed into law by President Bush.

The bill was about a foot in height and had about three thousand five hundred pages.

Ask yourself: Do you think any member of Congress or President Bush read all 3,500 pages?

Me neither.

That strikes me as irresponsible.

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