|
lorerax1 (August 26, 2008 at 4:13 pm)
pay cash buy gold/silver buy less love much laugh often drive less conserve.
KingBobXVI (July 30, 2008 at 9:30 pm)
If you 'buy' a house, and take out a loan to pay for it, you don't actually OWN the house, the bank does, and you keep paying them for it, and the interest is their profit. However, if you just buy the house without a loan, the bank isn't making any profit off of interest, and they don't own the house any more.Its the same deal with cars, and anything else you can 'buy' with a loan from the bank. As long as you're still paying it off, the bank owns it, and profits off of the interest.
JohnR22926 (July 30, 2008 at 3:42 pm)
What?! The banks don't want people to "own" property? Lets see. You need to get the intial mortgage from the bank; they make a bundle on the interest. Then once the mortgage is paid off, people often take out 2nd mortgages to do home improvements, etc.I don't think for one minute the banks are incentivized (or capable of) manipulating the economy to increase foreclosures. They want people to own; and to pay interest.
sayjaywins (July 30, 2008 at 2:43 pm)
you are right so much, that it is scary.
chrikac (July 23, 2008 at 12:30 pm)
Also viewed in July 2008....good insight and advice. Too bad Congress doesn't follow it. How about a new forecast?
goldenpizza (July 16, 2008 at 12:51 am)
Thanks.Many times the writing is on the wall.
belle01923 (July 15, 2008 at 7:14 pm)
viewed in july 08... very close good insight, solid advice.
geowulf (July 7, 2008 at 11:54 pm)
*sigh* it may not be an economic depression.. but it sure is depressing!
Puzzoozoo (July 7, 2008 at 7:42 pm)
Not being an American their names mean nothing to me, but you are indeed correct, we have till the end of Sept and the end of the American driving season to get ready, as from October 2008 onwards IF the sign in America are correct, its all down hill from then on. Good luck.
Puzzoozoo (July 7, 2008 at 7:42 pm)
Yes, and that was just what I thought of out of the blue. BTW the posts should be vice versa in arangement. Also American markets should have 2 for the price of 1 ect offers, best to use that service. As for your food suggestions yes, very true and correct, your body isn't concerned with the food just so long as it contains the nessery proteins and minerals it requires. Don't care for tuna though. Lots of web sites for nutrition info avaible. Always handy to know & knowledge weighs nothing. |
