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Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)

 
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 09:21 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Not a single one of you can think of any answers, huh?

Says a lot.
 Quoting: Anonymous Coward 42717143


I'm anti fraud, anti non full disclosure, anti non meeting of the minds.
Anti having been excluded from your lofty literacy institutions.

A solution for me is simplification of the system starting with all corporate assets nationalized. All debts forgiven. All starting over with PMs and free education. Reestablish the draft. Ship those fine young men and women to nations to get the resources needed.
 Quoting: Anonymous Coward 84796830


Are you’re a commie
Anonymous Coward (OP)
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11/23/2022 09:22 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Not a single one of you can think of any answers, huh?

Says a lot.
 Quoting: Anonymous Coward 42717143


I'm anti fraud, anti non full disclosure, anti non meeting of the minds.
Anti having been excluded from your lofty literacy institutions.

A solution for me is simplification of the system starting with all corporate assets nationalized. All debts forgiven. All starting over with PMs and free education. Reestablish the draft. Ship those fine young men and women to nations to get the resources needed.
 Quoting: Anonymous Coward 84796830


Are you’re a commie
 Quoting: Anonymous Coward 42717143


Typo-

Ah, you’re a commie
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 09:40 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
This thread is an eye opener for sure
Anonymous Coward (OP)
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11/23/2022 09:44 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
It’s pretty interesting that this is one of the biggest complaints by the conspiracy crowd. It’s always bankers this and lenders that…

Yet not a single person is able to formulate a convincing argument as to what would be a viable alternative.
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 09:53 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Still not a single one of you could formulate a thoughtful rebuttal to my point.

But hey, kanye is right! Go buy some rap cds lol
Anonymous Coward
User ID: 75192448
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11/23/2022 09:54 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Not a single one of you can think of any answers, huh?

Says a lot.
 Quoting: Anonymous Coward 42717143


I'm anti fraud, anti non full disclosure, anti non meeting of the minds.
Anti having been excluded from your lofty literacy institutions.

A solution for me is simplification of the system starting with all corporate assets nationalized. All debts forgiven. All starting over with PMs and free education. Reestablish the draft. Ship those fine young men and women to nations to get the resources needed.
 Quoting: Anonymous Coward 84796830


Are you’re a commie
 Quoting: Anonymous Coward 42717143


Typo-

Ah, you’re a commie
 Quoting: Anonymous Coward 42717143


And you're a kneejerking low IQ troll stuck in the jewcentric matrix.

Don't feed the troll!
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 09:58 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
...


I'm anti fraud, anti non full disclosure, anti non meeting of the minds.
Anti having been excluded from your lofty literacy institutions.

A solution for me is simplification of the system starting with all corporate assets nationalized. All debts forgiven. All starting over with PMs and free education. Reestablish the draft. Ship those fine young men and women to nations to get the resources needed.
 Quoting: Anonymous Coward 84796830


Are you’re a commie
 Quoting: Anonymous Coward 42717143


Typo-

Ah, you’re a commie
 Quoting: Anonymous Coward 42717143


And you're a kneejerking low IQ troll stuck in the jewcentric matrix.

Don't feed the troll!
 Quoting: Anonymous Coward 75192448


That’s not a thoughtful logical response. That is more low IQ ranting from a bitter jealous loser.

If you want to try to actually make a point, be my guest.
Anonymous Coward
User ID: 84060966
United States
11/23/2022 10:07 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
...


I'm anti fraud, anti non full disclosure, anti non meeting of the minds.
Anti having been excluded from your lofty literacy institutions.

A solution for me is simplification of the system starting with all corporate assets nationalized. All debts forgiven. All starting over with PMs and free education. Reestablish the draft. Ship those fine young men and women to nations to get the resources needed.
 Quoting: Anonymous Coward 84796830


Are you’re a commie
 Quoting: Anonymous Coward 42717143


Typo-

Ah, you’re a commie
 Quoting: Anonymous Coward 42717143


And you're a kneejerking low IQ troll stuck in the jewcentric matrix.

Don't feed the troll!
 Quoting: Anonymous Coward 75192448


clappa
Anonymous Coward
User ID: 84804768
11/23/2022 10:17 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
It’s pretty interesting that this is one of the biggest complaints by the conspiracy crowd. It’s always bankers this and lenders that…

Yet not a single person is able to formulate a convincing argument as to what would be a viable alternative.
 Quoting: Anonymous Coward 42717143


So, let the fraud continue is your suggestion?
Anonymous Coward
User ID: 84804768
11/23/2022 10:24 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Get rid of corporate personage.
Audit the fed/gov.
Start over.
Eat the rich, if not.
Anonymous Coward
User ID: 84060966
United States
11/23/2022 10:33 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
...


Are you’re a commie
 Quoting: Anonymous Coward 42717143


Typo-

Ah, you’re a commie
 Quoting: Anonymous Coward 42717143


And you're a kneejerking low IQ troll stuck in the jewcentric matrix.

Don't feed the troll!
 Quoting: Anonymous Coward 75192448


That’s not a thoughtful logical response. That is more low IQ ranting from a bitter jealous loser.

If you want to try to actually make a point, be my guest.
 Quoting: Anonymous Coward 42717143

My only point is that you're a low IQ troll and this is obvious by your use of false dichotomies.
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 10:34 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
It’s pretty interesting that this is one of the biggest complaints by the conspiracy crowd. It’s always bankers this and lenders that…

Yet not a single person is able to formulate a convincing argument as to what would be a viable alternative.
 Quoting: Anonymous Coward 42717143


So, let the fraud continue is your suggestion?
 Quoting: Anonymous Coward 84804768


What fraud? Be specific
Anonymous Coward (OP)
User ID: 42717143
United States
11/23/2022 10:35 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Get rid of corporate personage.
Audit the fed/gov.
Start over.
Eat the rich, if not.
 Quoting: Anonymous Coward 84804768


Lots of commies on GLP apparently
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 10:35 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
...


Typo-

Ah, you’re a commie
 Quoting: Anonymous Coward 42717143


And you're a kneejerking low IQ troll stuck in the jewcentric matrix.

Don't feed the troll!
 Quoting: Anonymous Coward 75192448


That’s not a thoughtful logical response. That is more low IQ ranting from a bitter jealous loser.

If you want to try to actually make a point, be my guest.
 Quoting: Anonymous Coward 42717143

My only point is that you're a low IQ troll and this is obvious by your use of false dichotomies.
 Quoting: Anonymous Coward 84060966


What false dichotomy did I use?
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 11:04 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
When you ask empty people questions, you get empty answers…
Larry D. Croc

User ID: 70736097
United States
11/23/2022 11:10 AM

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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
When you ask empty people questions, you get empty answers…
 Quoting: Anonymous Coward 42717143


Giving "the average Joe" access to the leverage that a well considered loan offers is a benefit. It's as simple as that.

Which requires "someone" to be in a position to extend that loan.

That "someone" can be a financial institution or, on the other hand, Jimmy TwoTone the local loan shark.

I prefer the former.
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward
User ID: 71454678
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11/23/2022 11:15 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
I believe in working for one's food, shelter, and possessions. Anyone into banking or cryptocurrency is a worthless debt-slave that's part of the problem.
Anonymous Coward (OP)
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11/23/2022 11:17 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
...


Who is forced to take out a loan?

You can buy cash or rent

A loan is an option

Slaves don’t have options

You just really want to be a victim. That’s in style now.
 Quoting: Anonymous Coward 42717143


For instance in europe starting with Gen X it was impossible to get a loan even with two people signing it with both of them a permanent working contract. The only way was to give as collateral another property. In case parents couldn't or wouldn't want to offer their own property as collateral...no loan...and you ended to rent forever.
 Quoting: Anonymous Coward 80857626


Bullshit. I have a friend buying a house in Germany now and you are wrong.
 Quoting: Anonymous Coward 42717143


Amazing...you know a german that actually buy a house. You know that germans statistically have one of the lowest housebownership of whole Europe.

You are as dumb as superficial.
 Quoting: Anonymous Coward 80857626


That’s because of taxes, tard.
Anonymous Coward (OP)
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11/23/2022 11:22 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
When you ask empty people questions, you get empty answers…
 Quoting: Anonymous Coward 42717143


Giving "the average Joe" access to the leverage that a well considered loan offers is a benefit. It's as simple as that.

Which requires "someone" to be in a position to extend that loan.

That "someone" can be a financial institution or, on the other hand, Jimmy TwoTone the local loan shark.

I prefer the former.
 Quoting: Larry D. Croc


Yup

Unfortunately the victim mentality and age old propaganda keeps people in the dark and incites jealousy, hatred and anger.

Of course lesser educated people who don’t focus on finance aren’t going to do as well as educated people who do spend time learning about finance. It’s not a grand conspiracy. It’s a matter of where people put their time and energy.

Some people here have made poor choices in their lives. Now they are hurting for money and it’s hard to feel that pressure and also blame yourself. So, it definitely is a survival technique for struggling people to find a bad guy and take inspiration from hating the bad guy. Then their whole situation makes sense. It’s not their fault. It’s the bad guys fault! All you have to do is get rid of the bad guy!

Then the mob mentality kicks in and the rest is ugly history.
Anonymous Coward (OP)
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11/23/2022 11:22 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
I believe in working for one's food, shelter, and possessions. Anyone into banking or cryptocurrency is a worthless debt-slave that's part of the problem.
 Quoting: Anonymous Coward 71454678


What a simple minded ignorant point of view
Anonymous Coward (OP)
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11/23/2022 11:35 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Still not a single person who could rationally explain a viable alternative to the current system
Anonymous Coward
User ID: 84753329
United Kingdom
11/23/2022 11:41 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
As men we werent intended to be shackled by money. Whats wrong with finding somewhere you like, building your own house, and growing/raising your own food,which could also be traded for.

Building materials in nature are free, all it costs is the sweat of your brow.
Anonymous Coward (OP)
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11/23/2022 11:44 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
As men we werent intended to be shackled by money. Whats wrong with finding somewhere you like, building your own house, and growing/raising your own food,which could also be traded for.

Building materials in nature are free, all it costs is the sweat of your brow.
 Quoting: Anonymous Coward 84753329


So then you’re a globalist that doesn’t believe in borders or ownership?

You are just going to go find random land and claim it? And magically get all the supplies to build everything you’ll need? And have a steady stream of water, food and other essentials?

You all seem to incredibly ungrateful for what the people before you have built to make our lives easier.

And before you say “easy isn’t always good” … then why are you here posting on GLP? If you practiced what you preached you wouldn’t be on the internet, you’d be out working your land

But you guys are all talk.
Larry D. Croc

User ID: 70736097
United States
11/23/2022 11:46 AM

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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
I believe in working for one's food, shelter, and possessions. Anyone into banking or cryptocurrency is a worthless debt-slave that's part of the problem.
 Quoting: Anonymous Coward 71454678



There will, statistically, always be a given percentage of adults in a population who don't make enough money to afford home ownership. In the US that percentage runs around 30-35%.

No judgement intended or implied. But not everyone can own a home.

Along comes the liberal US congress who decides EVERYONE should be able to buy a house. Ignoring the facts, as usual.

All kinds of legislation is passed, taxpayer funds are diverted to fund the legislation. "O downpayment" loans with little or no real income verification are all over the place.

Now you have incredible demand, a whole bunch of ineligible buyers are being "qualified" for loans.

Prices escalate by the day, the market is insane.

Insane because basic economic principles were ignored.

Housing crashed, and people acted surprised.

Yup, our friends in congress tried to create a new reality. An insupportable one.

And fools rushed in to buy houses they knew they could not afford.

Did the fools sell themselves into "slavery"? Yeah, you could say they did. But to say "it's all 'their' fault" is a bit like saying "I'm stupid, protect me from myself..."
"Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan

The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 11:51 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
I believe in working for one's food, shelter, and possessions. Anyone into banking or cryptocurrency is a worthless debt-slave that's part of the problem.
 Quoting: Anonymous Coward 71454678



There will, statistically, always be a given percentage of adults in a population who don't make enough money to afford home ownership. In the US that percentage runs around 30-35%.

No judgement intended or implied. But not everyone can own a home.

Along comes the liberal US congress who decides EVERYONE should be able to buy a house. Ignoring the facts, as usual.

All kinds of legislation is passed, taxpayer funds are diverted to fund the legislation. "O downpayment" loans with little or no real income verification are all over the place.

Now you have incredible demand, a whole bunch of ineligible buyers are being "qualified" for loans.

Prices escalate by the day, the market is insane.

Insane because basic economic principles were ignored.

Housing crashed, and people acted surprised.

Yup, our friends in congress tried to create a new reality. An insupportable one.

And fools rushed in to buy houses they knew they could not afford.

Did the fools sell themselves into "slavery"? Yeah, you could say they did. But to say "it's all 'their' fault" is a bit like saying "I'm stupid, protect me from myself..."
 Quoting: Larry D. Croc


To clarify, I do believe when you are saying “their”, you’re not talking about the borrowers, you mean the lenders.

And I agree. Not one single person was forced to do anything. People created the fomo and rush on housing. That was supply and demand. Rates were low to spur action after the recession. Of course they don’t always get it right, or even usually get it right, but not a single person is a slave to the lending system in the USA. It’s 100% voluntary and both sides are getting a benefit from it.
BFD

User ID: 77238284
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11/23/2022 11:52 AM

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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Why borrow what you can't afford on your own? Why do you need a 3000sqft home for 500k to live in? Did you grow up thinking your life was going to be like your parents or grandparents? Big cushy home, multiple cars? Sorry bud, but your living a life of jealously for those who lived before you. You want what they had. If you want to emulate that life, sure, take out a loan for 500k. Pay back 750k. Not everyone wants to live OUTSIDE their means. Aka, take out huge loans for large houses.
 Quoting: Anonymous Coward 77670353


So then you think only people that have enough cash to buy a house should own one?
 Quoting: Anonymous Coward 42717143


YES!
INFJ/Conservative Artist
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 11:55 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Why borrow what you can't afford on your own? Why do you need a 3000sqft home for 500k to live in? Did you grow up thinking your life was going to be like your parents or grandparents? Big cushy home, multiple cars? Sorry bud, but your living a life of jealously for those who lived before you. You want what they had. If you want to emulate that life, sure, take out a loan for 500k. Pay back 750k. Not everyone wants to live OUTSIDE their means. Aka, take out huge loans for large houses.
 Quoting: Anonymous Coward 77670353


So then you think only people that have enough cash to buy a house should own one?
 Quoting: Anonymous Coward 42717143


YES!
 Quoting: BFD


And you do realize then that all housing ownership would essentially be corporations and the upper class?

Not many people have a couple hundred thousand grand laying around.

So you want the population to be forced renters to the elite and corporations and you want to take away the number one source of generational wealth for the average person?

Lol did you really think about this, at all?
Anonymous Coward (OP)
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11/23/2022 11:56 AM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
Why borrow what you can't afford on your own? Why do you need a 3000sqft home for 500k to live in? Did you grow up thinking your life was going to be like your parents or grandparents? Big cushy home, multiple cars? Sorry bud, but your living a life of jealously for those who lived before you. You want what they had. If you want to emulate that life, sure, take out a loan for 500k. Pay back 750k. Not everyone wants to live OUTSIDE their means. Aka, take out huge loans for large houses.
 Quoting: Anonymous Coward 77670353


So then you think only people that have enough cash to buy a house should own one?
 Quoting: Anonymous Coward 42717143


YES!
 Quoting: BFD


And you do realize then that all housing ownership would essentially be corporations and the upper class?

Not many people have a couple hundred thousand grand laying around.

So you want the population to be forced renters to the elite and corporations and you want to take away the number one source of generational wealth for the average person?

Lol did you really think about this, at all?
 Quoting: Anonymous Coward 42717143


lol not sure why it threw in “grand” in there. Just ignore that rofl
Anonymous Coward (OP)
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11/23/2022 12:11 PM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
So the only opinion so far is that you think only super rich people and corporations should own homes.

Everyone should be a renter (even though there shouldn’t be landlords lol)
And banks are bad because they give people a chance to acquire an asset that they can pass down to their relatives… which also happens to be the majority of people’s largest asset.

Wow GLP… wow. A new low.
Anonymous Coward (OP)
User ID: 42717143
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11/23/2022 12:13 PM
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Re: Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
So the only opinion so far is that you think only super rich people and corporations should own homes.

Everyone should be a renter (even though there shouldn’t be landlords lol)
And banks are bad because they give people a chance to acquire an asset that they can pass down to their relatives… which also happens to be the majority of people’s largest asset.

Wow GLP… wow. A new low.
 Quoting: Anonymous Coward 42717143


And not to mention you also want to take away peoples ability to leverage the equity in their home as well.

You just want people to feed corporations and wealthy landlords (even though there shouldn’t be landlords lol) and have nothing to show for it. Unless they can save up about $30,000 a year and then in 10 years they could potentially afford an average house.

How many people making an average salary with maybe a kid or 2 have $30,000 left over for savings each year?

A new low for GLP





GLP