[patb]

[quote=briansd1]Credit innovation is just a way to borrow from the future in a way that makes it seem less painful today.

People used to buy cars with cash savings. Then they could buy cars with 20% down. Then they bought cars with zero down. Then they leased cars with residual value at the end of the lease.

Consumption/production gets front-loaded but the debts need to be paid back some way, somehow, in the future.

Wall Street “earned” up-front commissions on making credit available so they don’t care if the debt is ever paid back. The onus will be on the government to bailout the system.

We all end-up in debt servitude where all of our income goes to service debt and to pay for services that we think we need.[/quote]

i still buy cars with cash or a 6 month note

[patb]

[quote=CBad]No horror stories with Thai brides. Just look at these cute girls:

Potential Thai brides[/quote]

i think any woman from any country can be trouble

[patb]

[quote=CBad]No horror stories with Thai brides. Just look at these cute girls:

Potential Thai brides[/quote]

i think any woman from any country can be trouble

[patb]

[quote=CBad]No horror stories with Thai brides. Just look at these cute girls:

Potential Thai brides[/quote]

i think any woman from any country can be trouble

[patb]

[quote=CBad]No horror stories with Thai brides. Just look at these cute girls:

Potential Thai brides[/quote]

i think any woman from any country can be trouble

[patb]

[quote=CBad]No horror stories with Thai brides. Just look at these cute girls:

Potential Thai brides[/quote]

i think any woman from any country can be trouble

[patb]

How about $1 Million more then the SOB
who my wife ran off with 🙂

[patb]

How about $1 Million more then the SOB
who my wife ran off with 🙂

[patb]

How about $1 Million more then the SOB
who my wife ran off with 🙂

[patb]

How about $1 Million more then the SOB
who my wife ran off with 🙂

[patb]

How about $1 Million more then the SOB
who my wife ran off with 🙂

[patb]

[quote=bookczar]Thanks, Folks for all of your advice and comments. I have news on our situation…The house that we really wanted, a short sale that we placed an offer in April is now being finalized with the negotiator, so we may be closer than ever to getting this deal through. I’ll beleive it when it happens. The timing of everything does seem controlled as many here have suggested.

Thanks again![/quote]

never get emotional

there are 7 million houses headed to foreclosure

[patb]

[quote=bookczar]Thanks, Folks for all of your advice and comments. I have news on our situation…The house that we really wanted, a short sale that we placed an offer in April is now being finalized with the negotiator, so we may be closer than ever to getting this deal through. I’ll beleive it when it happens. The timing of everything does seem controlled as many here have suggested.

Thanks again![/quote]

never get emotional

there are 7 million houses headed to foreclosure

[patb]

[quote=bookczar]Thanks, Folks for all of your advice and comments. I have news on our situation…The house that we really wanted, a short sale that we placed an offer in April is now being finalized with the negotiator, so we may be closer than ever to getting this deal through. I’ll beleive it when it happens. The timing of everything does seem controlled as many here have suggested.

Thanks again![/quote]

never get emotional

there are 7 million houses headed to foreclosure

[patb]

[quote=bookczar]Thanks, Folks for all of your advice and comments. I have news on our situation…The house that we really wanted, a short sale that we placed an offer in April is now being finalized with the negotiator, so we may be closer than ever to getting this deal through. I’ll beleive it when it happens. The timing of everything does seem controlled as many here have suggested.

Thanks again![/quote]

never get emotional

there are 7 million houses headed to foreclosure

[Author]

Posts