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First recorded activity by BoatBanter: Oct 2009
Posts: 6,596
Default Columbus Day

On 04/10/2011 6:57 AM, X ` Man wrote:

Columbus Day is coming up…let's celebrate by walking into someone's
house and telling them we live there now!


Hey, if they can't pay for it, why not.

Can't do that if your home is paid off. Just like the fable of the
Three Pigs. In good times pay off the note, so in bad times you don't
have to worry about it. A little wisdom goes a long way.

Fact is many are just debt welshing turnips, boot them out.

If there is something wrong with the system, it is because they should
have never qualified for a loan in the first place. Credit was given
too easily to far too many that don't understand the first thing of
debt/credit. But it pandered to their greed and stupidity.

Might I suggest a legalized and licensed process for debt? You get debt
up to $5,000 and no license required. But if you want big loans like a
home, like a drivers license you have to quality and pass a test.

And some strict laws on banks involved in lending. For example, illegal
to loan to bankrupt people until either their debts are paid off or 10
years pass.
--
Eat the rich, screw the companies and wonder why there are no jobs. But
we have big huge government we can't afford...
-- Obama and the lefty fleabagger attitude
 
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