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And Debt goes POOF ... Rolling Jubilee .... Donate Now

 
Anonymous Coward (OP)
User ID: 5916429
United States
11/18/2012 11:06 AM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
I mean

Anyone left here?

Last call.
Carshy McCarsh

User ID: 27936268
United States
11/18/2012 11:57 AM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
OP, Occupy is damonized here as an communist conspiracy by the lazy ones :)))
 Quoting: Anonymous Coward 27867520


Tard,
Occupy is correctly identified as a Communist/Obama astroturf effort to counter the Tea Party and to give rise to a perceived need for martial law.

It failed because, like everything, the left couldn't organize a piss up at a brewery.
 Quoting: Carshy McCarsh


Sorry, no .... bad intel there.

OM is working

why else so many dissing it here

on this site, which we allknow is _______.


but, without the chessboard, how can the game continue?
we are being observed ... how many does it take to change the
LIGHT bulb?
 Quoting: Anonymous Coward 5916429


You're living in fairy land. Do some research, and cut through that layer of bullshit you're living under.
Tell me what this tastes like...
Anonymous Coward
User ID: 12162164
United States
11/18/2012 12:25 PM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
[link to dissenter.firedoglake.com]

Occupy Sandy Relief. The Occupy movement is more alive today than when they were camped out. I had reservations back then but today? I support the Occupy movement. Good work, Brothers and Sisters. Keep it up!
Anonymous Coward (OP)
User ID: 5916429
United States
11/19/2012 10:25 AM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
We have Raised

355,788

to Abolish

7,120,579 of debt.

Beat that! doom and gloom.

5a
Anonymous Coward (OP)
User ID: 5916429
United States
11/24/2012 11:08 AM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
currently,

$424,002

abolishes

$8,484,868



[link to rollingjubilee.org]


5a
Anonymous Coward
User ID: 27807407
United States
11/24/2012 12:06 PM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
This is akin to "Loss Carry Forward Offsets" where a profitable corporation can buy a non-profitable corporation that has losses "accumulated" on their balance sheets (through past years losses) to offset taxes owed through tax levy accounting in the future.

It's about the banks keeping their reserve assets on their balance sheets within the limits set by the BIS. They could care less about getting their money back from debtors as long as they can get bailouts and use "Loss Carry Forwards" to 1) Keep their balance sheets projecting the illusion of solvency and 2) Never pay taxes on profits they create from the fractional lending dichotomy.

It's all about accounting. They may have written off your loan last year and that loss is accumulated "Tax levy offsets" through their balance sheet on future "taxed" profits. Then they cry that their balance sheets are going into insolvency and receive a bailout from their partners in crime. Then if somehow they are able to extract the loan repayment back from you, "at a profit" they have the tax levy offset "from your original default write off" not to pay taxes on that profit through your written off loan.

It's all an illusion and game as the losers are the poor and middle class because they cannot acquire and utilize
these "Loss Carry Forwards" against their future "profits"
The credits are big business that will assure that big corps and financial institutions don't pay any taxes for many years to come.

These credits can be purchased and utilized through corporate M&A (Mergers and Acquisitions)
Anonymous Coward
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United States
11/24/2012 04:10 PM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
I mean

Anyone left here?

Last call.
 Quoting: Anonymous Coward 5916429


still livin here !
Anonymous Coward
User ID: 28305484
United States
11/24/2012 04:50 PM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
odd bit that, I see give me give me give me, but I dont see the button that says tells us what debts you need gone.


perhaps like all charities, the money goes to those you would least expect.
INK3

User ID: 27337849
United States
11/24/2012 04:55 PM
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Re: And Debt goes POOF ... Rolling Jubilee .... Donate Now
Who has a spare 50 grand? Why don't you cover me?
 Quoting: Anonymous Coward 4650715


You can always apply for the new government program that will allow up to 48 thousand to help you stay in your home. That's right 48 thousand smackers, so if you bought more home than you can afford Obama wants you to know there is almost 50 thousand, with NO PAYBACK, available. The first time I heard the commercial I was sure I was having some kind of brain meltdown. Nope, the gubmint wants you to have that house you couldn't afford! How freakin' generous.
"When tyrants tremble in their fear, and hear their death knell ringing,
When friends rejoice both far and near, how can I keep from singing"

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