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Re: Getting rid of your timeshare (by JOHN L.):

Thank you, jlb, for your continued advocacy for consumer protection. Your 15 yrs. of frustration are multiplied by millions of us caught in this dead-end trap, because we lack the political clout of the timeshare industry. We were all deceived, outright or by implication, into thinking that we were buying an asset that we could expect to appreciate (regardless of the legally crafted hokus-pocus of a massive contract). Many thought we were getting a deal when they offered us the "opportunity" to grab it at less than what they claimed was full price. I want to reiterate that polital corruption is at the heart of our problem. The IRS disallows deducting these as losses based on the fact that they are demontrably worthless. So why does the Attorney General's office allow them to continue peddling a worthless product to unwary consumers for thousands of dollars, exacly as they have all along? Campaign funding & tax revenue & Industry lobbying come to mind. Are they "too big to fail"? They can wiggle through legalese ad nauseum, but the whole fraudulent racket is a transparent abuse of the system. We need to organize!