May 18, 2008

It's only a contract as long as we say it's a contract

So there's a company called National Power Company (really imaginative, right?) that wrote contracts guaranteeing electricity at 11 cents /KWh to customers. They then discovered, much to their chagrin, that they'd mispriced their rates and should have been charging 15 cents per KWh. So, being responsible corporate citizens, they decided to eat the loss and honor the commitment to their customers.

KIDDING! They totally rolled and fucked their customers in the pooper.

There's a clause in their little 'contract' that says they can do that with 45 days notice and no early termination fee. ISN'T THAT AWESOME?!??!

I know, right! I'm wondering if I can do that on my mortgage. Or my car. Or my credit cards. I mean, I know I agreed to pay these interest rates but seriously, yo! This shit is jamming me up and I need to drop it down.

Posted by mcblogger at May 18, 2008 12:16 PM

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