posted on Jun, 19 2010 @ 10:55 AM
I have the best credit score you could ever hope for. Its an absolute perfect 0. I do not plan on buying a house, you never know when the urge to move
on to another place will strike. I do not buy new cars, that is the biggest waste of a large sum of cash. I buy used cars from individuals, thus
helping them and myself. I do not have banking accounts. I use cash for everything. If I can not buy something outright then I will save for it or
find a place that will do lay-a-ways. I think that if everyone would use a similiar approach we could really bring the banksters to their knees. We
would be able to choke them out, or at least back into their proper places.
I have read about lawsuits being won by people whom were being sued by banks and various lending institutions for defaulting on loans/mortgages. These
individuals won against the banks because the bank could not prove that they ever loaned the "money", they had just moved around "electronic
digits". When you apply for a loan you are asked for "real" collateral, the bank is then supposed to loan you "real" money. With the fractional
reserve system, there is no "real" money being loaned, what is being created is "something, from nothing". I will try and find links to this
information and post here with it for those interested.