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Economic Poison: Advice from Credit Card Companies and Kiplinger

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Uploaded by on Oct 12, 2009

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The scammers are trying to scare you into using a credit card
http://www.kiplinger.com/magazine/archives/2009/11/debit-card.html
Joan GoldWasser
jgoldwasser@kiplinger.com
Questions for Joan:
What happens if Im late when I use my credit card?
What if I spend more than I can pay off?
If I pay for things with the money I have, do I still get to have the banks financially rape me with interest and fees?


Dollar
http://www.breitbart.com/article.php?id=CNG.ee8e6856c300b312ea0f64a4522381ca....

The dollar is being dumped right in front of our eyes
http://bloomberg.com/apps/news?pid=20601087&sid=aA6_py_71g_o


Fundamentals for our economy are getting even worse
http://www.usatoday.com/money/economy/2009-10-11-consumer-spending_N.htm

The truth
http://globaleconomicanalysis.blogspot.com/2009/10/precipitous-drop-in-state-...




youtube.com/user/Victoryindependence
Stocks
Silver
youtube.com/user/stellaconcepts
Economic data and let off some steam :)
youtube.com/user/walstreetpro2
Economic updates
youtube.com/user/Kittenkattan
Economic updates
youtube.com/user/davincij15
Raw News that the media wont touch
youtube.com/user/inflationus
Economic updates
youtube.com/user/DEMCAD
macro-economic updates (INFLATION)
youtube.com/user/jberni1

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Uploader Comments (visionvictory)

  • First time that I have watched your videos. You make good sense and explain very well. Excuse me while I review more of your videos.

  • thx for the comments

Top Comments

  • You have the right to protest in this country. First you need a permit and second, your protest zone will be a 200'x 30' chained in area on the out skirts of town. You will be allowed to protest between 5 am and 7 am and chants may not be over 70 decibels. If in the event you wander out of your 'designated area' THE STATE reserves to the right to FORCE COMPLIANCE with LRAD, LONG RANGE MICROWAVES, GOO GUNS, TEAR GAS and a host of OTHER TORTURE, ER, COMPLIANCE TOOLS.

    RIP USA.

  • I would encourage people to use cash over debit cards or credit cards. Especially for local merchants. The reason being that the merchant has to pay a fee to process the transaction and then has to wait a couple of days for the actual money to hit their account. Use cash! Starve the beast!!

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All Comments (230)

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  • We decided to pay our credit cards off instead of going on the vacation we were planing. Which we would have incurred more credit card debt. It was so liberating to Have those monkeys off our backs. We use our debit card for all transactions now.

  • just keep money is savings and transfer into the debit card

  • You sound like an idiot might want to read my posts to get a clue before looking like a complete clueless jackass. We where talking about debit cards you pulled an awful lot of fantasy out of your ass to come up with that fucking pathetic post. Please next time come big or go home.

  • @vashguud: Keep in mind all those Federal Reserve notes your stuffing your bank account full of, soon enough will be worth the equivalent of toilet paper. So continue to praise your bank, however your being taken to the cleaners. Three words: Silver and Gold.

  • Thanks to my wife,we only have one credit card that is used in emergencies.We also have very little debt,we started living like this a couple years ago when things started going loony.We are some of the lucky few who are not buried in credit debt and high mortgage payments.

  • I haven't had a credit card for 7 years. I have used my debit card for purchases off and online and I can't tell you how much I love using it. It's like paying for something with a check or cash but your able to buy stuff at anytime like a credit card.

  • So what difference is this from direct withdrawal? You are just one i the billions of the money game. All the banks need is 5% of people, 5% to pay on the due date and call it late and make hundreds of billions of dollars a year. The want everyone to use credit instead of debit because the change of non payment is better. A joke at best.

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