reply to post by Tripnman
why just take your money out of the big banks ,why not take it out of all banks and trust companies and put it in the credit unions.
why not cash in all of your bonds and debentures as they are not worth the paper they are written on . a bond is a debt. even if it is guaranteed by
the governments-what a lie.the u.s. national debt. is 14 trillion alone this does not include the debt of the cities ,counties or townships.
so where does all of this money come from to pay you all back when these bonds mature as the governments of this world are so far in debt to the banks
that they do not have 2 pennies to rub together.oh that is right when the new group of suckers buys into this ponzi scheme called bonds our
governments now have cash in hand to pay the maturing peoples bonds back they even have the balls or galls to stand up before the people and dare say
that they need X # of bonds sales this year -and like the good citizens that we all are millions buy into this scheme of theirs .keeping this lie of
theirs afloat once again. and what happens if they get say 10 billion more in bond sales say this year -why of couse they run to banks with this cash
in hand and borrow many more millions that they can not afford to pay the interest on let alone the debt.
here in the great white north canada we have other problems created by the banks to fleece us of our hard earned cash.their not this white saint in
garb they portray to every one.
they all raised their service charges along with the minimum amount to be service charge free by 50% ,for less services.
do you remember the day that the banks quiltily told us that we were now in a recession caused by them and their greed ,this was at 2;30 in the
afternoon .well at 9;30 in morning they quietly raised credit card rates by 5 to 7 % on all those who had a rate of 12 % compounded and up.
morgage rates of 3.50 % equals a repayment of $200,000.00 interest + the $100,000.00 you borrowed.
credit cards are the same rate of repayment 2 interest to 1 if you pay minimum payments at 3.50%
what about fianance rates of 28 % your rate of return payment is about 9 parts interest to 1 principal
best buy and future shops rate is 33 1/3 % or 10 parts interest to 1 part principal
this is highway robbery.
especially since the banks sell this money to these companies at a price ,not stated anywhere.
my best advice to all is quit buying all products that al not needed or nessary . in other words get only the basics no more big screens no more gass
guzzleing vehicles ,especially cars and trucks.
all oil companies made 25 to 27% IN THE FIRST QUARTER OF THIS YEAR THAN THEY MADE IN ALL OF LAST YEAR,and they have sold a lot less gas.
secondly pay off those damm cards and never use them again ,turn them in and turn your backs on the banks .pay them off as fast as possible by only
getting the basics and forget the extras, getting rid of the extras saves as an example 1,400.00$ a month as my sister found out when she finally
decided to listen to me.and she had a credit card debt of 22,000.00 $ at that time ,it is now down to 1,400.00$ after 2 years.
up here they and our government schemed together and came up with tax free bank accounts that they promised they would pay us 3% on just after the
recession started-guess what they are only paying .25% interest on these accounts blaming it on wait for it the state of their mess, the bad economy.
what is more amazing is that they the banks up here are reporting record profits ever since they almost collapased the banking sysem by them giving
out bad loans ,that they knew would fail, it is no wonder they continue to lend money to our goverm,ents as these mental midgets and morrons don`t
have a clue about finance or banking as they continue to borrow like drunken sailors on leave that don`t have a penny left.
and these are the same bankers who don`t need any controls put on them or so they say,or is it that they own our governments and law makers and they
have all of these so called leaders in their back pockets and nothing will change as always.
damm those CREDIT UNIONS are starting to look good to me.
one last note for all; why is the banks use my money and yours for loans at extortionistic rates and yet they get to dictate to all of us what
interest they will pay us ,being as it is our cash and not theirs.
cash is king people and it always will be.
a run on the banks would put them out of business, and it would show them that we the people of the world are pissed for goood reasons.maybe then
the governments of the world would unite and force them through laws to change and correct their corrupt system of enslavement.
if nothing changes then expept a world wide revolution ,let us hope the police and military`s stand down and do they jobs which is to serve and
protect the people of our nations.their WAGES WE PAY.