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Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

 
Papillon
User ID: 807085
Canada
10/31/2009 06:46 AM
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Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Poof! A whole new era of consumerism is born!

The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones!

newsflash

nuke
Anonymous Coward
User ID: 803093
United States
10/31/2009 07:15 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Poof! A whole new era of consumerism is born!

The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones!

newsflash

nuke
 Quoting: Papillon 807085


you are assuming they do not want it all to fail!
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 07:32 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
you are assuming they do not want it all to fail!
 Quoting: Anonymous Coward 803093

Yes I am, or then the President and his administration are lying when they speaks of stimulus and economic revival. If this is the case then the money being spent is being funneled into their pockets somehow, questioning other government institutions of what lies they must also be hiding.

oridin
Anonymous Coward
User ID: 803093
United States
10/31/2009 07:42 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
you are assuming they do not want it all to fail!

Yes I am, or then the President and his administration are lying when they speaks of stimulus and economic revival. If this is the case then the money being spent is being funneled into their pockets somehow, questioning other government institutions of what lies they must also be hiding.

oridin
 Quoting: Anonymous Coward 807085


If you have not figured it out yet-- the stimulus money went to the banks. <--- the same guys who fucked it up in the first place... and to top it off they now hold positions of power. LOL its laughable.

The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it.

Has the recent run up in the stock market helped anyone? NO
except for the rich bankers. They just keep printing money which is going to cause a bigger problem. There is no way out now, NONE. <-- next step for them if they can do it-- is WAR. Same way they got out of it in WW2. Its a sad JOKE and we are the pawns.

They are trying to get people to spend more money they dont have. They just want bigger and bigger government-- to CONTROL EVERY DECISION YOU COULD MAKE.

They will fail however that is clear. The average person does not care nor is affected by the stock market.

COMMUNISTS--- and we are letting it happen. We are WEAK.

OBAMA= FAIL
Anonymous Coward
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Australia
10/31/2009 07:51 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
What if they hold a war and nobody turns up?
Anonymous Coward
User ID: 776992
United States
10/31/2009 07:56 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
look here:

Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.



this is bass akwards

here is how to cure the problems:

get rid of credit cards

USURY

central banks ( the fed )



return to the GREEN BACKS
that were based on the Government of the PEOPLE


to do THAT you have to empty out the WH
and Congress


and send up honest people you KNOW from
your own community to be ethical
and well versed in the Constitution and
Bill of Rights



thats a tall order but it must be done


to simply change the CREDIT SYSTEM to
another version of ANY credit system is
to skip out of a crockpot into a fry pan



we do NOT want


Poof! A whole new era of consumerism is born!



we want a whole new RETURN to a more honorable
way of life keeping govt spending under control
of the PEOPLE.



hf


.
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 07:59 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
If you have not figured it out yet-- the stimulus money went to the banks. <--- the same guys who fucked it up in the first place... and to top it off they now hold positions of power. LOL its laughable.
 Quoting: Anonymous Coward 803093

Yes and because banking is what credit is all about the re-adjusting of rates of credit cards to line of credit rates is the remedy for this economic situation. Remember credit cards are a form of line of credit.

The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it.
 Quoting: Anonymous Coward 803093

Yes, because they haven't yet done the above, what they are supposed to do, liberate credit, making it more readily available for consumption.

Has the recent run up in the stock market helped anyone? NO
except for the rich bankers.
 Quoting: Anonymous Coward 803093

Dude the markets is another discussion but most big trading companies like IBM, AAPL, INTC have almost reached the heights of where they were before the crash. This is good for those small investors that didn't panic and sell, they now have regained most of their pre-crash loses.

They are trying to get people to spend more money they dont have. They just want bigger and bigger government-- to CONTROL EVERY DECISION YOU COULD MAKE.
 Quoting: Anonymous Coward 803093

And the only way to put more credit in the hands of consumers is to give them a line of credit, and not credit cards at shy-lock rates.
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 08:01 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
What if they hold a war and nobody turns up?
 Quoting: Anonymous Coward 807063

What does this have to do with the thread?

How does what you posted solve the economy?
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 08:07 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
to simply change the CREDIT SYSTEM to
another version of ANY credit system is
to skip out of a crockpot into a fry pan
 Quoting: Anonymous Coward 776992

You could never become President for you lack economic understanding. Without credit you couldn't buy a home without coughing up the whole amount at the notary. You need credit, but honest rates such as line of credit rates.

we want a whole new RETURN to a more honorable
way of life keeping govt spending under control
of the PEOPLE.



hf


.
 Quoting: Anonymous Coward 776992

Agreed, the President should discourage Al Capone style credit cards at shylock rates.
Anonymous Coward
User ID: 801320
United States
10/31/2009 08:55 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it.
 Quoting: Anonymous Coward 803093


Yes.

We have bubbles and then they pop. We had the dotcom bubble, and then it popped. We had the real estate bubble, and then it popped too. Today we are riding high atop the bailout bubble, but it too will pop.
Anonymous Coward
User ID: 807149
United States
10/31/2009 09:07 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Poof! A whole new era of consumerism is born!

The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones!

newsflash

nuke


you are assuming they do not want it all to fail!
 Quoting: Anonymous Coward 803093



Yeah really.

What makes you think these shitheads WANT things to get any better?
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 11:40 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Yeah really.

What makes you think these shitheads WANT things to get any better?
 Quoting: Anonymous Coward 807149

Well then if the President and his administration are lying when they speaks of stimulus and economic revival then the money being spent is being funneled into their pockets somehow and these issues should be addressed in town meetings.
Anonymous Coward
User ID: 807149
United States
10/31/2009 11:44 AM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Yeah really.

What makes you think these shitheads WANT things to get any better?

Well then if the President and his administration are lying when they speaks of stimulus and economic revival then the money being spent is being funneled into their pockets somehow and these issues should be addressed in town meetings.
 Quoting: Anonymous Coward 807085


Yup. Sunshine is the best disinfectant.

Which is why the Obama administration is no longer as transparent as we were told it was going to be before the election.
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 12:13 PM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
Yup. Sunshine is the best disinfectant.

Which is why the Obama administration is no longer as transparent as we were told it was going to be before the election.
 Quoting: Anonymous Coward 807149

Thanks dude. So far he's been all cloak and dagger politically speaking of course, says one thing and does the complete opposite. Its like a darker version of Georgie-boy!
Anonymous Coward (OP)
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10/31/2009 01:34 PM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
bump
Anonymous Coward
User ID: 776992
United States
10/31/2009 02:15 PM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
bump

.
Anonymous Coward (OP)
User ID: 807085
Canada
10/31/2009 05:55 PM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
bump
Anonymous Coward
User ID: 793351
Australia
10/31/2009 07:16 PM
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Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.
look here:

Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.



this is bass akwards

here is how to cure the problems:

get rid of credit cards

USURY

central banks ( the fed )



return to the GREEN BACKS
that were based on the Government of the PEOPLE


to do THAT you have to empty out the WH
and Congress


and send up honest people you KNOW from
your own community to be ethical
and well versed in the Constitution and
Bill of Rights



thats a tall order but it must be done


to simply change the CREDIT SYSTEM to
another version of ANY credit system is
to skip out of a crockpot into a fry pan



we do NOT want


Poof! A whole new era of consumerism is born!



we want a whole new RETURN to a more honorable
way of life keeping govt spending under control
of the PEOPLE.



hf


.
 Quoting: Anonymous Coward 776992





GLP