Quote from: triffid on December 01, 2010, 10:39:53 AM
Some ways to reduce your debt.Don'tforget to read readers posts.
http://financiallyfit.yahoo.com/finance/article-111092-7153-1-how-she-paid-off-big-debt-in-a-few-short-years   triffid

Yes, this is indeed true.  I myself am guilty of eating out at the beginning of the month until I run out of ready cash by about the 15 of each month.  Then I visit the local religiously-oriented soup kitchen for the rest of the month.

I could eat there every day, but I'd still be short of money living in an expensive city like San Francisco.  (The weather here is something that agrees very much with me, so I stay here.)

But I'm not in debt, so that's not a problem.  I'm just living in a dirty slum with the types of people who live in slums.

UNFORTUNATELY!!!!                    

--Lee

Spending trillions you don't have will crash any nation that won't take steps to correct the problem. They have gone past the point of no return. Only the people on benefits are included. Labor unions have been squashed and these figures do not reflect people that have replaced good paying jobs with insufficient paying ones either. People are unwilling to come to market with new products that will end up overseas adding nothing to the economy either. That trend has to be broken before they will come forward. This FED buy up is a crock, the banksters will use 600 billion of fiat money and try to swindle the country out of resources.

They will argue they have money in bank accounts that is tangible to purchase debt with and I will tell you any tangible assets they have ever held are leveraged to the max and all they have is a printing press. So with some ink and paper they are going to try to make a real asset grab soon.

Quote from: raburgeson on December 06, 2010, 02:10:51 AM
Spending trillions you don't have will crash any nation that won't take steps to correct the problem. They have gone past the point of no return.

Yep, I agree 1,000%
They greatly appear to not give a d@mn.  I believe starvation is coming to whomever thinks they can get away with theft for years and try to act like Bernard Madoff and lie about it.

Quote
They will argue they have money in bank accounts that is tangible to purchase debt with and I will tell you any tangible assets they have ever held are leveraged to the max and all they have is a printing press. So with some ink and paper they are going to try to make a real asset grab soon.

People will really wake up soon---unless they like slowly going broke at an ever-increasing rate.  Then, even the Chinese may demand their money they borrowed from us?  Or economic fear grips Europe and the EU collapses, while dragging us down with it?

You're absolutely right in principle.  The economy will effectively implode.  Shortly or eventually.

--Lee

triffid said:

Quote
« Reply #782 on: December 01, 2010, 04:39:53 PM »

Some ways to reduce your debt.Don'tforget to read readers posts.
http://financiallyfit.yahoo.com/finance/article-111092-7153-1-how-she-paid-off-big-debt-in-a-few-short-years   triffid

Quote from: the_big_m_in_ok on December 02, 2010, 11:03:25 PM
But I'm not in debt, so that's not a problem.  I'm just living in a dirty slum with the types of people who live in slums.
UNFORTUNATELY!!!!                    
--Lee

Speaking of people who may, or may not, be in debt:
http://news.yahoo.com/s/ap/20101208/ap_on_bi_ge/us_foreclosure_wrong_people

This kind of thing can really piss a person off!  The idea should be to demand a bank produce the original note of the legal mortgage.  If they can't, then sue!

--Lee

Good points.  There are a lot of UTube Videos about it too.