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Originally posted by gandhi
... try and figure out the rest like how come you can't get what ever you want instantly and why your IQ is only at 150. thats where the real robbing happens.
Originally posted by endisnighe
Let us say I have a horse. This horse is valued at $10,000 dollars.
You buy the horse with a 5 year loan. You pay over that time the amount of $17,500 for the horse due to interest.
Now, you sell it at the end of that 5 year period for $25,000. The purchaser gets a loan to purchase it from the bank. Over the term they pay $40,000.
Who made more money? The original owner or the BANK!?
Originally posted by ReelView
That's the whole point of the cheap mortgage to leverage the individual and robe them if at all possible.
Originally posted by endisnighe
END THE FED, AND KILL ALL THE BANKERS/LAWYERS-I think I read that somewhere?!
Originally posted by endisnighe
I am sorry, I have not read your post.
I am going only on your title.
Let us say I have a horse. This horse is valued at $10,000 dollars.
You buy the horse with a 5 year loan. You pay over that time the amount of $17,500 for the horse due to interest.
Now, you sell it at the end of that 5 year period for $25,000. The purchaser gets a loan to purchase it from the bank. Over the term they pay $40,000.
Who made more money? The original owner or the BANK!?
Banks should be the ONLY thing nationalized! The profit should go back to the people, if you are going to enact a ponzeii scheme.
END THE FED, AND KILL ALL THE BANKERS/LAWYERS-I think I read that somewhere?!