Friday, December 5, 2008

America's Best Days Are Ahead.


But only if you get informed.


"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."

Consider who you are as an American. Consider requiring your government, and the banks, to fulfill their responsibility, by not hindering the Rights that are yours. You may have to learn what those Rights actually are. Do it.

Ask yourself, do banks, lending at interest and generating unpayable debt, hinder your Rights to Life, Liberty and the pursuit of Happiness?
  1. Life - 24 hours in a day. How many hours do you have to give, in order to pay interest and taxes on debt that starts out as electronic computer entries, lent at interest? Do you trade 8 hours a day? More? Do you work one job? More? How much money do you need to make things work in your household? More? When you trade your life for unpayable debt, you may want to ask this question: If you do all of the work and someone else gets nearly all of the benefit - what is that called?
  2. Liberty - "Freedom from arbitrary or despotic control and the positive enjoyment of various social, political and economic rights and privileges". Does this economic system, where you do the work and the banks get the profit, while many elected officials are sitting by (ignorant) or actually support it (complicit), deprive you of Liberty granted to you by The Creator, as noted in the Declaration of Independence? Perhaps some of them need to change the way they handle the Rights of The American People, or go get an honest job.
  3. Pursuit of Happiness - Financial stress is a major contributor to divorce in the US. Do the resulting broken homes cause devastating harm to large numbers of young people? Does this have any effect on our crime rate? What would our country look like after 4 generations with families able to make ends meet on one income - a parent able to afford to stay home, a vacation for the family or enough money to have an elderly parent cared for? Problems? If your "problems" can be solved by $15,000 in cash - they are not problems - they are cash flow issues. 
If you choose - and I mean choose, because there is enough information, on this Blog alone, to fix this problem - to stay ignorant on this issue, then who will there be to blame when they take your Rights (they have already taken your money)?

Our best days could be ahead, but you have to learn how to fix this issue, and help out, not just stand by.

Email to find out how to help:  moneyaswealth@gmail.com


Bankrupt


When a person or business declares bankruptcy, the money they borrowed stays in the economy - because, as in Chapter 7 filings, those debts are "discharged" and the money does not get paid back to the bank.

Because it does not get paid back, it is that money that some will be able to get ahold of (maybe they sell a product or service) and can pay their interest.
So, bankruptcies provide money in the economy to pay interest on loans.


Here's where some of the money to pay interest on our debt comes from.



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