Banks LOVE Debt

http://www.bankslovedebt.com

Category:

News & Politics

Tags:

• Money
• Debt
• Student
• Canada
• Banks

[Naej27]

You buy a less expensive car, one you can afford. The houses over the years have gone out of site. Prices are coming down, and will be coming down more. Look at foreclosures. They are everywhere. Make sure you get a fixed interest rate and not an arm that goes up and down.

[Naej27]

I cut up my credit cards, so I won't have debt. If I don't have the cash to pay for something, I don't buy.

[Simboiss]

@Naej27 Good luck buying a house with your monthly wage.

[Simboiss]

@Naej27 Foreclosures will go on, as long as we continue with this unfair, illegitimate and mathematically unsound debt-money based system. No matter how careful we are with our budget, no matter how we choose houeses and cars according tto our budget, foreclosures will ALWAYS happen to somebody, somewhere.

The reason is simple. There is always more debt than there is money to pay for it. You can't repay a debt of 110$ with only. 100$. It's mathematically impossible.

[dan020350]

gov't is not healthy unless gov't can change its system

[Rickdeckard2020]

These video ( /watch?v=zB7GbM1OgzA and /watch?v=9yYEFuN2v08 ) are important because they show that politicians like Gerald Grattan McGeer have ALREADY fixed the problem in the 1930s and the reason we were bamboozled in the 70s is because the population had not been thought and did not know about that racket or the solution

So Teaching about the credit fraud and the Bank of Canada and the return of the credit fraud in the 70s should be MANDATORY in every school in Canada!

[Rickdeckard2020]

"Kingston COMER will ask Stephen Harper, Stephane Dion, Jack Layton, Gilles Duceppe, Elizabeth May and Connie Fogal, questions related to this issue. "

When? I want to see this!

BTW everyone should see:

/watch?v=zB7GbM1OgzA

AND

/watch?v=9yYEFuN2v08

It relates to the same topic, but helped me understand issue much better, it might also help other people

[1richard1928]

That's good practice for the less costly things, but what do you do if you want to buy a car - or a house?

[1richard1928]

Paul Grignon's excellent animated film, "Money as Debt", also tells the story very well.

[1richard1928]

Kingston COMER will ask Stephen Harper, Stephane Dion, Jack Layton, Gilles Duceppe, Elizabeth May and Connie Fogal, questions related to this issue. Their answers or non-answers will be broadcast on the internet. We will show Canadians how monetary policy affects student debt, infrastructure deficit, medicare, education etc. and how it should be changed. Clear unambiguous answers will show who should be elected to make the needed changes. Not voting is not an option!