On Apr 11, 4:16 am, "Kirby M. Wilson"
> On Apr 10, 11:04 pm, knews4u2c...@yahoo.com wrote:
> knews4u2c...@yahoo.com
>
> > investment strategy. It is at the very heart of the banking business,
> > the thing that has propped it up over the course of three centuries. A
> > been created by banks in this way.2 The problem is that banks create
> > only the principal and not the interest necessary to pay back their
> > loans, so new borrowers must continually be found to take out new
> > loans just to create enough "money" (or "credit") to service the old
> > misleading. The CEOs managed to salvage their enormous bonuses, but it
> > September 11, 2001. Commentators were asking if this was "the big one"
> > - a 1929-style crash; and it probably would have been if deft market
> > manipulations had not swiftly covered over the approaching
> > catastrophe. The precipitous drop was blamed on the threat of
>
> knews4U2, if you are a subprime borrower there is hope, do not
> despair !
Not me. You're ignorant.
> Contact your bank - you may be able to renegotiate your loan rate, if
> you were a speculator
> or "flipper" then - tough luck !
Idiot.
I own my house debt free.
I own all my cars debt free.
I own my guns debt free.
I haven't had any debt in over ten years.