Comments on: Masses pay http://samsonblinded.org/blog/masses-pay.htm A Machiavellian Perspective on the Middle East Conflict Thu, 02 Feb 2012 06:09:32 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: AbuShy http://samsonblinded.org/blog/masses-pay.htm/comment-page-1#comment-114090 AbuShy Tue, 05 Jan 2010 14:14:13 +0000 http://samsonblinded.org/blog/?p=3630#comment-114090 Mr Blackwell is right. Nobody in their right mind goes to a bank for a loan, except maybe to establish credit. Or to buy a house with a 30 year note which is also insanity land. But you can do that with a credit card. Just live within your budget, never miss a payment and you can (maybe now the rates will climb) have interest free loans. They last a month (your monthly payment cycle) but if you pay them off, you can do a lot of things, start a business, exploit amazing sales that come up, build inventory, stockpile food, whatever. JUST PAY THE BILL ON TIME AT THE END OF EACH MONTH! Before long, you will have an excellent credit rating and more ridiculous offers of interest free credit and you are your own boss, not the bank. Mr Blackwell is right. Nobody in their right mind goes to a bank for a loan, except maybe to establish credit. Or to buy a house with a 30 year note which is also insanity land.
But you can do that with a credit card. Just live within your budget, never miss a payment and you can (maybe now the rates will climb) have interest free loans. They last a month (your monthly payment cycle) but if you pay them off, you can do a lot of things, start a business, exploit amazing sales that come up, build inventory, stockpile food, whatever.
JUST PAY THE BILL ON TIME AT THE END OF EACH MONTH!

Before long, you will have an excellent credit rating and more ridiculous offers of interest free credit and you are your own boss, not the bank.

]]> By: John Blackwell http://samsonblinded.org/blog/masses-pay.htm/comment-page-1#comment-113996 John Blackwell Fri, 18 Dec 2009 18:52:39 +0000 http://samsonblinded.org/blog/?p=3630#comment-113996 Dear Mr. Shoher, As one having been born and reared in America, I would like to make a few comments on your article entitled Masses Pay. At their conceptions trade unions benefitted the so-called “working man” or as some people described them “the middle class.” The unions helped to improve working conditions, child labor laws, etc. However, modern day unions are nothing more than a legal way for corrupt union mob bosses to extort money from companies trying to make a profit. Granted, many times the union person (not all but some) does have better pay, benefits and retirements than none union people. But there are some issues; due to their extreme demands, today’s unions have forced vast numbers of companies to leave America and take their operations overseas. That means fewer job for Americans. Many of those that stay are struggling to remain viable simply because of the unions and their outrageous demands. One reason GM and Chrysler went bankrupt was the unions and their extravagant retirement plans. Additionally, the Democratic party FAVORS unions. Currently,they are trying to force unionization on all companies. They count on them for money and votes. These are just some of the many reasons why unions are killing America. Regarding, low interest rates. Low interest rates helps not hurt the working class. Many, no, most working people have very little cash in the banks drawing interest. Bank savings are normal held by retired people, companies cash reserves, etc, but not working people. What little savings working people have are tied up in the stock market which was depressed by Congresses’ attempts to make America a home owners utopia. They made buying requirements so low (in some cases non existent) that many people who could not afford a house were receiving housing loans which they could not repay: thus the meltdown. Also, Congress coerced many banks to lower their loans requirements causing a ”snowball” effect when the financial market meltdown did start. Low interest rates help the working class buy items they could not buy with high interest rates. Low interest rates hurts those with bank savings, but again, most working class people have very little cash in the bank drawing interest!!!!!! Have a blessed day, John Dear Mr. Shoher,
As one having been born and reared in America, I would like to make a few comments on your article entitled Masses Pay. At their conceptions trade unions benefitted the so-called “working man” or as some people described them “the middle class.” The unions helped to improve working conditions, child labor laws, etc. However, modern day unions are nothing more than a legal way for corrupt union mob bosses to extort money from companies trying to make a profit. Granted, many times the union person (not all but some) does have better pay, benefits and retirements than none union people. But there are some issues; due to their extreme demands, today’s unions have forced vast numbers of companies to leave America and take their operations overseas. That means fewer job for Americans. Many of those that stay are struggling to remain viable simply because of the unions and their outrageous demands. One reason GM and Chrysler went bankrupt was the unions and their extravagant retirement plans. Additionally, the Democratic party FAVORS unions. Currently,they are trying to force unionization on all companies. They count on them for money and votes. These are just some of the many reasons why unions are killing America.

Regarding, low interest rates. Low interest rates helps not hurt the working class. Many, no, most working people have very little cash in the banks drawing interest. Bank savings are normal held by retired people, companies cash reserves, etc, but not working people. What little savings working people have are tied up in the stock market which was depressed by Congresses’ attempts to make America a home owners utopia. They made buying requirements so low (in some cases non existent) that many people who could not afford a house were receiving housing loans which they could not repay: thus the meltdown. Also, Congress coerced many banks to lower their loans requirements causing a ”snowball” effect when the financial market meltdown did start. Low interest rates help the working class buy items they could not buy with high interest rates. Low interest rates hurts those with bank savings, but again, most working class people have very little cash in the bank drawing interest!!!!!!

Have a blessed day,
John

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