We're saved . . . we get money just like the banks do!!!, page 4
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reply posted on 12-2-2009 @ 11:49 AM by NightSkyeB4Dawn
Originally posted by Bombeni
Originally posted by Stormdancer777
Originally posted by Bombeni
reply to post by sty


What do you think a person should do with (what little) money we do have in the bank now? Take it out and just hold it as cash? Convert to another currency?


I thought we were going to Micky D's?

You buy'in?


Sure, my treat, the sky's the limit from the dollar menu. We may need to start getting used to the idea of just getting something in our stomachs to call off the dogs.


Did you say call "off" the dog?

I have a Korean friend that said once that he thought that it was funny to him that in America we spend billions of dollars to feed an animal that feeds them.

Maybe we will get the last laugh.




reply posted on 12-2-2009 @ 11:51 AM by GoalPoster
Originally posted by skeeveve
They should just pay off everyone's CC debt - that would really jump start the economy:

- Banks will be fine 'cause they get all the cash back
- People will have tons of extra money (no more fat interest payments)
- People will be able to afford more - hence the economy goes up

Now, if something like that would be done, CCs should be destroyed along with it. Period. Eliminate the credit for good.

Nice utopia, huh?

Yeah, yeah I know, poeple knew what they got into, when they used their CCs as ATM - I know. Still, the above would solve a lot of problems IMHO.


The PTB would never let that happen.

Collectively, people in the US owe about $800 billion in credit card debt
Total U.S. credit card debt today is about one trillion dollars. U.S. households using credit cards have an average of $9,000 in credit card debt.


source

If you estimate that at an extremely conservative 10% APR (which equates to 0.000273972602739726 percent per day) that means the financial industry is earning approximately $200,000,000 per day in interest.

If you think they're going to let go of that cash cow . . . think again. They'll shoot every elected official that votes for any such measure first before they give up their greed-driven ever-accruing gains.

So, while we sit by and watch the greedy bastards get richer, our elected officials sit upon their leathery thrones, babble on for a few months about 'bailing out' and 'saving mainstreet' and all they can muster is about five hundred bucks per household all the while ensuring the financial sector continues to get theirs, so to speak.

I'm so absolutely pissed off at this point, words cannot express . . .





[edit on 12-2-2009 by GoalPoster]


reply posted on 12-2-2009 @ 12:47 PM by Bombeni
reply to post by burdman30ott6


Yeah, but watch they'll reneg on even that $13 when they realize how much it's gonna cost them to raise those 16 kids in California.


reply posted on 12-2-2009 @ 12:53 PM by Bombeni
Originally posted by NightSkyeB4Dawn
Originally posted by Bombeni
Originally posted by Stormdancer777
Originally posted by Bombeni
reply to post by sty


What do you think a person should do with (what little) money we do have in the bank now? Take it out and just hold it as cash? Convert to another currency?


I thought we were going to Micky D's?

You buy'in?


Sure, my treat, the sky's the limit from the dollar menu. We may need to start getting used to the idea of just getting something in our stomachs to call off the dogs.


Did you say call "off" the dog?

I have a Korean friend that said once that he thought that it was funny to him that in America we spend billions of dollars to feed an animal that feeds them.

Maybe we will get the last laugh.



Haha, that reminds me of a story. My mom and I were visiting someone in the hospital and went to cafeteria to eat. A Korean or maybe Vietnamese girl was eating lunch across from us. They had chicken fried steak in the cafeteria that day which she had purchased; she was picking at it and looked perplexed and said in a heavy accent "this not look like chicken." Aww well you probably had to be there...

That saying "call the dogs off" I don't really know too much about the origin, it is something my grandpa would say after he finished a meal "well, that called the dogs off." If he was really full he'd say "I just busted a damn gut."



[edit on 12-2-2009 by Bombeni]
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