pt 3 - Credit Cards. Here's why (Gratex, TheModernMystic)

[mindright13]

you know your actually a retard right?

[fuckystoat]

WATCH THIS ON YOUTUBE "The American Dream By The Provocateur Network"

[MrStonedJosh]

you don't know shit about credit....neighther do I but I'd rather keep my mouth shut and let you look like a douche bag shit for brains

[fuckystoat]

@MrStonedJosh SHHHHHH

[ZombieZomb1]

All praise Allah.

[ZombieZomb1]

Use an ATM you stupid fucking maple eating moose fucker.

[ZombieZomb1]

Credit Cards don't exist. Albert Einstein discovered the technology for them and other scientists made them into weapons. Hitler dropped them on heroshima.

[TheDoc1694]

u fucking faggot

[DanielCriticalMX]

You said that in jewish schools they teach about finances, that's wrong, the jewish people don't exist.

[beesanctuary]

? what???

[fuckystoat]

@DanielCriticalMX TRUE

[JamesTCA]

Sure is windy behind you.

[fuckystoat]

@JamesTCA THATS ALL THE JEWS RAGING AND SHOUTING THEIR DIRTY LYING MOUTHS OFF..LOL

YOU CAN ALMOST HEAR THEM HOWLING AND HISSING THREW THEIR TEETH....

SORRY FANGS

[PoetryRocksAlot]

That's the point of credit card, it's for people who want things NOW but can't afford it yet. And it's for people who want to make profit off of these people.

[LimpLoser]

i was anally raped by a teacher. i am now incontinent that means i shit myself

[sekules]

But you probably still spill less shit than this Angry Canuck dullard.

[MadBadVoodo]

Five Stars!!

[thespacemonkeyist]

Regardless of whether you are an Albertan or not, this video series has some good points.

[tiggeromega]

Where I live, just to get a cashier job at a gas station requires a credit check. I am so glad I figured this shit out a decade ago and got rid of my credit cards before I went below $500 in debt.

[funeralsong34]

I can see Discovery or American express being funded like you say with pensions/401k but alot of cc are thru banks like BoA or chase wouldn't they just use bank deposits as a security?

I just went to buy a condo for 80k and was only going to finance 40K basically putting down 50% but a few banks were not too keen on it because they are only allowed to charge a % of the loan with fees and at 40k they wouldn't be able to get the up front fees they wanted to, strange..lol

[funeralsong34]

Teachers making 70k a year..lol I know several teachers and they don't make that much. the average salary is like 32-35k to start and my friends wife who had 10 years in and a masters was racking in 50k a year that doesn't seem unreasonable & anyone can do what teachers do? Can you grade people's writing structure, essays? Let's grab a hillbilly to grade an essay on shakespeare or do geometry or physics. Have to disagree with you, I can't stand most children & to put up with 30 at a time is work

[TheAngryCanuck]

They actually used to use the bank deposits a long time back but don't anymore. That's the way it should run though.

When you get a 5k limit credit card, it's basically a number on a computer screen with no real 5k of deposits to back the credit they are giving you.

Yeah they want you to have less down so they can profit more. Imagine everyone gave half down on their mortgages. I bet the interest rates would be at 20%.

[funeralsong34]

Yeah I doubt they went the 100% backed credit for decades. Can just look at the mess we are in now, they had a 10% of their loans backed nowadays I believe. You figure that you pay on a 30 yr fixed loan 2 times the amount you borrowed and depending on rate it can go up to 3 times.

The new trick now tho is that banks just tack on fees, really it be nice if people just take their money out of the big corp banks and into local banks, maybe losing all their deposits would make a point to them.

[ItalMafioso]

@TheAngryCanuck you FUCKING ASS HOLE i am upset that you are fucking Canadian. This fucking asshole doesnt belive that the fucking holocaust. HOLOCAUST didnt happen. Suck my dick you fucking cum guzziling Cunt. Proof he doesnt belive, type in " This didn't happen" FUCK YOU

[fuckystoat]

@ItalMafioso DIRTY JEW BOY JIDF GIMP YOUR A PSYCHOTIC JEW FROM WHERE?

GO HOME SOAPY....

WWWONETHIRDOFTHEHOLOCAUSTCOM and "the last days of the big lie" both on google

[AtheosEthos]

Thank you for this video series.

The last statistic I checked, the average American spends 60% of their lifetime income on interest.

People need to understand the numbers before getting into debt.

* * * * *

[TheAngryCanuck]

Thanks!

I know most people wont sit through the videos but it's hard to get some points accross quick.

Market profits this last decade especially has been generated through this interest. It's almost like a 'life tax' so to speak.

It would be best if they would return to investing in business and making money off a return in profits.

I predict, they will package a low rate for energy in 5 year increments, but you need to pay upfront so they will want you to finance your energy bill.