On Apr 11, 11:47=A0am, knews4u2c...@yahoo.com wrote:
> On Apr 11, 4:16 am, "Kirby M. Wilson"
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> > On Apr 10, 11:04 pm, knews4u2c...@yahoo.com wrote:
> > knews4u2c...@yahoo.com
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> > > 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
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> > knews4U2, if you are a subprime borrower there is hope, do not
> > despair !
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> Not me. You're ignorant.
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> > Contact your bank - you may be able to renegotiate your loan rate, if
> > you were a speculator
> > or "flipper" then - tough luck !
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> 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.- Hide quoted text -
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> - Show quoted text -
And under Bush all your assets have had their value reduced by at
least 40%
And in reality much more..
How do you feel about that?
TMT