Not paying credit or debt
Posted February 1st, 2008 by fadingTruth
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I was thinking about credit and debt destroying our rights as citizens to pursue happiness. I was wondering if I could stop paying for credit cards and student loans not because I just don’t want to but because of the burden of debt that the Government has placed on me as a citizen of this country as well as the violation of the constitution when it states that only gold and silver can be used as legal tender.
I can’t constitutionally pay off debt with Federal Reserve notes because they are not gold and silver therefore it is not possible to pay off debt. Also, because the FED is creating inflation and causing gas and food prices to rise; if I do pay then I will not be able to support my family. What do you think?
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Dude, please!
1. You're asking for spam comments of debt relief people.
2. The IRS and Fed Res were never meant to be Constitutional, so who cares if you can't Constitutionally pay it off? They don't want you to pay it off legally or constitutionally, they want you to pay what you have and what you owe. If you borrowed a tissue from me and I said you owe me more, you owe it, doesn't matter if it's legal tender or not. Nobody asked you to borrow credit card or student loans. Credit cards are worse than fiat currency, yet I don't hear you complaining how it's not backed by Fed Reserve notes (and Credit exists even if money was backed by gold)
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Release of debt was
Release of debt was commanded to the Israelites every 7 yrs. Sounds like a good idea!
Deuteronomy ch. 15
Let me know...
how it turns out.
I wish it were so!
But no, since you, like all of us who have incurred debt at one time or another, signed on the dotted line and entered into a legal promise to pay. Just because you found out afterward that it's all a sham doesn't mean you don't have to make good on your promise to pay. They have the power.
And besides, who do you think will have to pay it? Them? HA! It isn't going to be the banking elite/govt. who will repay your loan. After all, they got the money from one of us and the cost of writing off your loan or repayment will fall to us.
Hey, but do what you want. Maybe you can beat them somehow but I'd be concerned about them taking away assets and garnishing wages. They get nasty like that. Very nasty. Very very nasty. Besides, two wrongs do not make a right. You took and spent the money, right?
PS: I used to work in banking. Trust me, no one gets away with anything, especially hard working average folks. Somebody always ends up paying in some way.
l think you're right...
sometimes l think if enough people would say ENOUGH WITH THE MADNESS and just stop paying credit card debt and student loans etc, all of which enrich the elite.
but then the whole house of cards and the economy would collapse - but somethings gotta give!
In my defense l've had three glasses of wine!
It would do damage
One way or another this economy is going down. I think we all know that!
LoL...
Have a debt independence day...we all just stop paying debt. What could anyone do?
that's stupid
the thousands of Americans ignoring and escaping debt got nowhere but their houses foreclosed and their cars repo'd, good luck!
Nothin...nothing at all!
That would be crazy...lol