Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates. | |
Anonymous Coward User ID: 803093 United States 10/31/2009 07:15 AM Report Abusive Post Report Copyright Violation | 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! Quoting: Papillon 807085The 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! you are assuming they do not want it all to fail! |
Anonymous Coward (OP) User ID: 807085 Canada 10/31/2009 07:32 AM Report Abusive Post Report Copyright Violation | 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 803093Yes 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. |
Anonymous Coward User ID: 803093 United States 10/31/2009 07:42 AM Report Abusive Post Report Copyright Violation | 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 807085Yes 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. 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 User ID: 807063 Australia 10/31/2009 07:51 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 776992 United States 10/31/2009 07:56 AM Report Abusive Post Report Copyright Violation | 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. . |
Anonymous Coward (OP) User ID: 807085 Canada 10/31/2009 07:59 AM Report Abusive Post Report Copyright Violation | 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 803093Yes 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 803093Yes, 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 Quoting: Anonymous Coward 803093except for the rich bankers. 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 803093And 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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 807085 Canada 10/31/2009 08:07 AM Report Abusive Post Report Copyright Violation | 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 Quoting: Anonymous Coward 776992another version of ANY credit system is to skip out of a crockpot into a fry pan 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 Quoting: Anonymous Coward 776992way of life keeping govt spending under control of the PEOPLE. . 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 Report Abusive Post Report Copyright Violation | 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 803093Yes. 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 Report Abusive Post Report Copyright Violation | 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! Quoting: Anonymous Coward 803093The 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! you are assuming they do not want it all to fail! 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 Report Abusive Post Report Copyright Violation | Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates. Yeah really. Quoting: Anonymous Coward 807149What 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. |
Anonymous Coward User ID: 807149 United States 10/31/2009 11:44 AM Report Abusive Post Report Copyright Violation | Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates. Yeah really. Quoting: Anonymous Coward 807085What 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. 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 Report Abusive Post Report Copyright Violation | Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates. Yup. Sunshine is the best disinfectant. Quoting: Anonymous Coward 807149Which is why the Obama administration is no longer as transparent as we were told it was going to be before the election. 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) User ID: 807085 Canada 10/31/2009 01:34 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 776992 United States 10/31/2009 02:15 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 807085 Canada 10/31/2009 05:55 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 793351 Australia 10/31/2009 07:16 PM Report Abusive Post Report Copyright Violation | Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates. look here: Quoting: Anonymous Coward 776992Solve 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. . |