kimmerspixelated
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Thu Nov-10-11 06:41 PM
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| We must end the tyranny of debt! |
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Period.
Most of it is completely illegal, and needs to be wiped clean.
FUCK THE MORTGAGE COMPANIES! You've already paid for your house 3 times over. Get the facts on your pretender lenders. They don't own your note.
Start by asking for a VOD
This is your way of occupying wall street.
A personal finance revolution starts with not accepting the massive scam.
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| Fool Count
(878 posts)
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Thu Nov-10-11 07:19 PM
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| 1. Debt is how the rich get their livelihoods. How are they supposed |
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to pay for their fancy yachts without it? Forget the yachts, they wouldn't even get their caviar and will have to go hungry without debt.
Are they supposed to starve or worse - get a job?
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| customerserviceguy
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Thu Nov-10-11 08:18 PM
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that working and middle class people can figure out how to purchase motor vehicles and homes. Wipe out mortgages and secured car loans, and see what happens to construction and manufacturing jobs.
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| greytdemocrat
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Thu Nov-10-11 07:27 PM
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| 2. It's nice to play pretend... |
| muriel_volestrangler
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Thu Nov-10-11 07:27 PM
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| 3. Unfortunate for anyone who hasn't got a mortgage yet, though, if you're going to ban them |
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The people who have started a mortgage get the house completely; while those who haven't are told they must continue to pay rent until they've saved enough to buy a house in cash.
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| poverlay
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Thu Nov-10-11 07:58 PM
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| 4. That's not as hard as it used to be. One pretty little house in our neighborhood, with a huge lot, |
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Just sold for less than 26k. It's only 1000 sf, but plenty for two and quite a decent(historic) little neighborhood in central phoenix. That house sold for well over 100k 6 or 7 years ago...
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| Viva_Daddy
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Fri Nov-11-11 08:00 PM
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It was all set up this way from the get-go. Banks don't create wealth. They create debt and then sell that debt to a buyer who repays the debt plus interest. That's how banks make money, interest on the debt...but they never create a dime of wealth.
It was all over for England when they established the Bank of England.
It was all over for US when we established the Federal Reserve (which is a corporation made up of banks).
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DU
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Fri Apr 26th 2024, 10:54 AM
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