Trippah wrote on 12/20/16 at 13:55:00:
" ... debt is a straw man to make us accept even less ..."
Foreclosing on a Debt.
Let’s see. You buy a house.
The ‘Bubble Burst’, and you now cannot pay, the payments you agreed to.
Whatdoyoudo ?
Live in the House, pay the City for water/sewer. Elect, Gas,
And FORGOT about the Payments to the Bank !
Bank sends letters, you send letters back,
Bank sends letters, you send letters back,
Bank sends Letters, you send letters back.
(Don’t pay the R.E. Taxes, (Minn you got 7 years of FREE)
Now, 3-4 months go buy, the Bank says,
“No Choice, we are going to foreclose”
(Which probably takes ANOTHER 12 Months to complete)
So Now, you, live in your house, at 1/4 (or Less)
than cost of rent. for 12 - 15 months.
Then, the, ‘deadline’. You pack up, move to Mom & Dads Basement,
(After of course MAXING ALL your Credit Cards, for TOYS)
Then File Bankruptcy. (After hiding all your toys)
Now, for the past 12-15 Months, you have lived, for 1/4 the price of Rent !
For the next year, you have lived, (Mom & Dads Basement)
for 1/8, the cost of rent. (Or Less)
You have been FORGIVEN, of ALL your DEBTS.
(Bankruptcy)
Now, you go out, and BUY, a New House !!!!!!!!
Is it ANY wonder, why, ‘DEBT’, is So,
“worthless a thing”.
And totally not understood ????
Remove, ‘ethics’, Cheat, Lie, Steel,
and one is, ’Home Free” !
All Because >>>>>>>>>