Users Online Now: 425 (Who's On?)		Visitors Today: 24,063
Pageviews Today: 53,739	Threads Today: 65	Posts Today: 1,017
02:41 AM

News

Back to Forum

Post New Thread

View Favorites

Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

RSS

Papillon
User ID: 807085
10/31/2009 6:46 AM
Report abusive post

Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
Poof! A whole new era of consumerism is born! The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones!

Anonymous Coward
User ID: 803093
10/31/2009 7:15 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
Poof! A whole new era of consumerism is born! The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones! Quoting: Papillon 807085 you are assuming they do not want it all to fail!

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 7:32 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
you are assuming they do not want it all to fail! Quoting: Anonymous Coward 803093 Yes I am, or then the President and his administration are lying when they speaks of stimulus and economic revival. If this is the case then the money being spent is being funneled into their pockets somehow, questioning other government institutions of what lies they must also be hiding.

Anonymous Coward
User ID: 803093
10/31/2009 7:42 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

you are assuming they do not want it all to fail!

Yes I am, or then the President and his administration are lying when they speaks of stimulus and economic revival. If this is the case then the money being spent is being funneled into their pockets somehow, questioning other government institutions of what lies they must also be hiding.

oridin

Quoting: Anonymous Coward 807085

If you have not figured it out yet-- the stimulus money went to the banks. <--- the same guys who fucked it up in the first place... and to top it off they now hold positions of power. LOL its laughable.

The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it.

Has the recent run up in the stock market helped anyone? NO
except for the rich bankers. They just keep printing money which is going to cause a bigger problem. There is no way out now, NONE. <-- next step for them if they can do it-- is WAR. Same way they got out of it in WW2. Its a sad JOKE and we are the pawns.

They are trying to get people to spend more money they dont have. They just want bigger and bigger government-- to CONTROL EVERY DECISION YOU COULD MAKE.

They will fail however that is clear. The average person does not care nor is affected by the stock market.

COMMUNISTS--- and we are letting it happen. We are WEAK.

OBAMA= FAIL

Anonymous Coward
User ID: 807063
10/31/2009 7:51 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
What if they hold a war and nobody turns up?

Anonymous Coward
User ID: 776992
10/31/2009 7:56 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

look here:

Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

this is bass akwards

here is how to cure the problems:

get rid of credit cards

USURY

central banks ( the fed )

return to the GREEN BACKS
that were based on the Government of the PEOPLE

to do THAT you have to empty out the WH
and Congress

and send up honest people you KNOW from
your own community to be ethical
and well versed in the Constitution and
Bill of Rights

thats a tall order but it must be done

to simply change the CREDIT SYSTEM to
another version of ANY credit system is
to skip out of a crockpot into a fry pan

we do NOT want

Poof! A whole new era of consumerism is born!

we want a whole new RETURN to a more honorable
way of life keeping govt spending under control
of the PEOPLE.

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 7:59 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

Quoting: Anonymous Coward 803093

Yes and because banking is what credit is all about the re-adjusting of rates of credit cards to line of credit rates is the remedy for this economic situation. Remember credit cards are a form of line of credit.

The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it.

Quoting: Anonymous Coward 803093

Yes, because they haven't yet done the above, what they are supposed to do, liberate credit, making it more readily available for consumption.

Has the recent run up in the stock market helped anyone? NO
except for the rich bankers.

Quoting: Anonymous Coward 803093

Dude the markets is another discussion but most big trading companies like IBM, AAPL, INTC have almost reached the heights of where they were before the crash. This is good for those small investors that didn't panic and sell, they now have regained most of their pre-crash loses.

They are trying to get people to spend more money they dont have. They just want bigger and bigger government-- to CONTROL EVERY DECISION YOU COULD MAKE.

Quoting: Anonymous Coward 803093

And the only way to put more credit in the hands of consumers is to give them a line of credit, and not credit cards at shy-lock rates.

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 8:01 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
What if they hold a war and nobody turns up? Quoting: Anonymous Coward 807063 What does this have to do with the thread? How does what you posted solve the economy?

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 8:07 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

to simply change the CREDIT SYSTEM to
another version of ANY credit system is
to skip out of a crockpot into a fry pan

Quoting: Anonymous Coward 776992

You could never become President for you lack economic understanding. Without credit you couldn't buy a home without coughing up the whole amount at the notary. You need credit, but honest rates such as line of credit rates.

we want a whole new RETURN to a more honorable
way of life keeping govt spending under control
of the PEOPLE.

Quoting: Anonymous Coward 776992

Agreed, the President should discourage Al Capone style credit cards at shylock rates.

Anonymous Coward
User ID: 801320
10/31/2009 8:55 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
The people were not helped at all. This market is being totally propped up by the liquidity they pumped into it. Quoting: Anonymous Coward 803093 Yes. We have bubbles and then they pop. We had the dotcom bubble, and then it popped. We had the real estate bubble, and then it popped too. Today we are riding high atop the bailout bubble, but it too will pop.

Anonymous Coward
User ID: 807149
10/31/2009 9:07 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

Poof! A whole new era of consumerism is born!

The blokes with 29% rates get to meet their obligations when their interest rates drop to 7.5% and they start buying more tv's, computers, and other shopping necessities for their loved ones!

newsflash

you are assuming they do not want it all to fail!

Quoting: Anonymous Coward 803093

Yeah really.

What makes you think these shitheads WANT things to get any better?

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 11:40 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
Yeah really. What makes you think these shitheads WANT things to get any better? Quoting: Anonymous Coward 807149 Well then if the President and his administration are lying when they speaks of stimulus and economic revival then the money being spent is being funneled into their pockets somehow and these issues should be addressed in town meetings.

Anonymous Coward
User ID: 807149
10/31/2009 11:44 AM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

Yeah really.

What makes you think these shitheads WANT things to get any better?

Well then if the President and his administration are lying when they speaks of stimulus and economic revival then the money being spent is being funneled into their pockets somehow and these issues should be addressed in town meetings.

Quoting: Anonymous Coward 807085

Yup. Sunshine is the best disinfectant.

Which is why the Obama administration is no longer as transparent as we were told it was going to be before the election.

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 12:13 PM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
Yup. Sunshine is the best disinfectant. Which is why the Obama administration is no longer as transparent as we were told it was going to be before the election. Quoting: Anonymous Coward 807149 Thanks dude. So far he's been all cloak and dagger politically speaking of course, says one thing and does the complete opposite. Its like a darker version of Georgie-boy!

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 1:34 PM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote

Anonymous Coward
User ID: 776992
10/31/2009 2:15 PM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote
.

Anonymous Coward
User ID: 807085 (OP)
10/31/2009 5:55 PM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.	Quote

Anonymous Coward
User ID: 793351
10/31/2009 7:16 PM

Re: Solve the Global Depression by re-adjusting credit-card interest rates to banking line of credit rates.

Quote

Quoting: Anonymous Coward 776992

Back to Forum

Post New Thread

View Favorites

Disclaimer:
This website exists for entertainment purposes only. The reader is responsible for discerning the validity, factuality or implications of information posted here, be it fictional or based on real events. Moderators on this forum make every effort to review the material posted on this site however, it is not realistically possible for our small staff to manually review each and every one of the more than 10,000 posts GodlikeProductions gets on a daily basis.

The content of post on this site, including but not limited to links to other web sites, are the expressed opinion of the original poster and are in no way representative of or endorsed by the owners or administration of this website. The posts on this website are the opinion of the specific author and are not statements of advice, opinion, or factual information on behalf of the owner or administration of GodlikeProductions. This site may contain adult content and if you feel you might be offended by such content, you should log off immediately.

Not all posts on this website are intended as truthful or factual assertion by their authors. Some users of this website are participating in internet role playing, with or without the use of an avatar. NO post on this website should be considered factual information on face value alone. Users are encouraged to USE DISCERNMENT and do their own follow up research while reading and posting on this website. Godlikeproductions.com reserves the right to make changes to, corrections and/or remove entirely at any time posts made on this website without notice. In addition, Godlikeproductions.com disclaims any and all liability for damages incurred directly or indirectly as a result of a post on this website.

This site is provided "as is" without warranty of any kind, either expressed or implied. You should not assume that this site is error-free or that it will be suitable for the particular purpose which you have in mind when using it. In no event shall Godlikeproductions.com be liable for any special, incidental, indirect or consequential damages of any kind, or any damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damage, and on any theory of liability, arising out of or in connection with the use or performance of this site or other documents which are referenced by or linked to this site.

Some events depicted in certain posting and threads on this website may be fictitious and any similarity to any person living or dead is merely coincidental. Some other articles may be based on actual events but which in certain cases incidents, characters and timelines have been changed for dramatic purposes. Certain characters may be composites, or entirely fictitious.

We do not discriminate against the mentally ill!

Fair Use Notice:
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. Users may make such material available in an effort to advance awareness and understanding of issues relating to civil rights, economics, individual rights, international affairs, liberty, science & technology, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C.Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
For more information please visit:
http://www.law.cornell.edu/uscode/17/107.shtml

Please be aware any communications sent complaining about a post on this website may be posted publicly at the discretion of the administration.

This Disclaimer is subject to change at anytime.

Mail Webmaster with questions or comments about this site.

Privacy Policy - Terms Of Use

Copyright 1999-2009 © GodLikeProductions.com

Page generated in 0.008s (5 queries)