posted on Jul, 15 2009 @ 09:58 AM
I'm thinking a movement for full transparency is in order.
I hereby promise that I will not do Business with any corporation unless myself or my personal tax attorney can say for sure a company isn't in way
too much debt.
If a companies debt's will exceed profitability and they need a bailout, we will not do business with them because it is not a wise purchase.
We the consumers are discriminated against for a flea sized mountain of debt compared to business that use their debt to acquire more money ON CREDIT!
Debt for money is credit.
I think all major corporations need to have multiple places for their General Ledger's printed on the outside of their company walls, to be revised
every quarter. Then have it linked to their website multiple times.
If a company turns you down for credit, show them the ridiculousness of their statement of fact. Show them how their company has way more debt than
you.
If a company has more debt than you "pound for pound" or per capita, you may refuse to do business with them, unless they give you automatic terms
favorable to you the consumer.