Forgive all debts

I can't believe what I'm hearing here. Of course you should honor your agreements, but in law, fraud vitiates any contract. Our present banking system is a fraud and has been since 1913. In fact I know of a trend where people are actually having their debts forgiven by the banks. It goes like this. You file bankruptcy which now requires arbitration. because the arbitrator is not some ass-hole bought and paid for judge, you can present the argument that because the "money" the bank loaned to you has no real value that the bank did not give you the necessary consideration to make the deal binding. 99% of the time the arbitrator will agree with you. By that time the bank will not want the exposure of that bit of news getting out if it went to trial so they will drop the case and forgive the debt.
Besides that, ever hear of the Jubilee Year? It was a neat little requirement in Biblical times. Every fifty years all account had to be settled. That meant any debts on the books at the end of every 50 year cycle had to be wiped clean and everyone started with a clean slate. Made it impossible for the money changers to gain control. Now that's a bit of wisdom that would have prevented this mess.
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agreements and not expect ANYONE to bail us out. We did purchase the products, we WANT to pay for them.

That would be a terrible idea for anyone with integrity and send a BAD message to our children!

We can prosper and survive this, and feel good about it. We must join our neighbors and community to work together - not be selfish.

Trade services with each other, without concern with what one service "used" to cost. If both are happy with the trade, then it's a win-win - cannot look at the "old money" part of the exchange.

We can trade anyway we want. Because my raspberries sell for $10 and your blueberries only sell for $4, has no impact on us trading. I have too many raspberries and would enjoy some blueberries - and visa versa.

See how it works. A trade or service only has the value to which one is willing to mutually accept.

MY biggest concern is that our govt. will say that China own my land because our govt. owes them money. They used us (laborers) and property as collateral. At least, that is what I'm thinking.

hate to crash the party, but absolving all FRN debt would antagonize many foreign countries (in particular, China) which own over half of our treasury right now, most likely into dire conflict. if youre talking about localized measures within a community, thats certainly different. but we simply cant do that very much on any scale unless you were on a remote island with 30 people all using dollars.

I made personal agreements with companies to borrow and to pay my loans back. I have integrity and I will do everything in my power to keep my agreements.

Investing locally and buying locally is our only way out of our dependence. Every article on the news is leading people to believe that the government needs to have more and more authority. This is a lie. We need to take the authority away from the government and take on the responsibility.
Get your money out of the stock market and out of T-bills.
I have saved quite a few friends and family from the pain of the falling markets. They got most of their debt paid off, are stocked up on food and supplies, have made investments into silver and gold and are investing in their local communities. This is not a radical idea, rather, it is what needs to be done to get the power away from the few and empower ourselves...
grant

i made a couple of posts saying just this 2 days ago. We should abandon this phony money and trade locally . forgive all FRN debt immediately. would save the world economy

thought were the equivalent of the service/product they were 'buying'. Why not do it again??

I'm a girk! Chatta me kort please!
New math!
Rolling money bomb
https://www.coasttocoastm...

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Your "conscience" is the measure of the honesty of your selfishness. ~Author Unknown

rodowers, there was a thread on here just a day or so back about unemployed idea's. They, as usual, had alot of GREAT idea's for making extra $. I myself have started researching a couple of them. I'm a MO. boy too!! Springfield area.

I would love to have a Year Jubile

There is a better way, every body just needs to take all their money out of the stock market and government T-bills, buy food, supplies, silver and gold. Then use the silver and gold to start local businesses and trade. Invest in your local communities and don't lend money to anyone unless you know where they live and can look them in the eye.
Expecting companies thousands of miles away to take care of your money or expecting big government to solve our problems is the act of a fool.
grant

The forgiving of 'debts', public and private was commanded in the Bible. It is called the Fifty Year Jubile. For His documention, you will locate it in Leviticus 25 vrs 10-17. But hey, since when has man kind done any thing God's way?

but you don't seem to accept you're in 'good standing' in a fully corrupt financial system...usury included. Clue- this the end game...the Baatan Death March and you're included.

the economy would jumpstart if the people got 25-33% of there$$$$ back

Can I "borrow" your lawn mower?

Ja, wir koennen!

so give me your car...

Since the entire economy and monetary system depends on credit/debt what do you think would happen? If all debt were forgiven or paid off today then there would not be a single dollar left in circulation tomorrow.

http://www.1776solution.b...

their means off the hook? What equal benefit is there to the person who has been responsible?? As a person who has paid off all my debt, by MYSELF, I find this suggestion highly reprehensible.
Ron Paul makes "personal responsibility" a cornerstone of his message, and this would be one more instance in which the responsible citizen would be picking up the tab for the irresponsible. Don't you understand WHO would be paying for the debt you want to have forgiven?? It doesn't just disappear!

The second part of your question bothers me even more. Gee, once the government/banks forgive your loans, then you can go right back out and buy a car? How could you afford to go out and buy a car if you couldn't pay off your debt? That money should have gone toward YOUR debt.

What you propose is absolute SOCIALISM.

Shame on you for even posting such a suggestion on this site. There is no EASY way out and Americans have got to stop thinking that way!

So I get punished for paying my credit card in full each month, for paying extra on my mortgage to get it paid down, for paying off car loans before they're due.

And the scumbags who run up their credit cards, buy houses they can't afford, and borrow money they never intend to pay back get to make out like a bandit?

Sometimes, you have to forget your own interests and side for what's right. Borrow money? Pay it back, period.

People must learn for themselves how to get out of debt...thus, they are much more likely to stay out of debt.

http://www.DaveRamsey.com

money?

That sounds good to me...but it sounds very naive.

They are stealing our money...via taxes, via stock investments, via inflation, etc.

And your solution is to say "Hi. Could you please not steal our money anymore?"

It really sounds like you don't understand the picture.

They are stealing our money...heck, they are stealing our present money, our future money, our children's future money, and our grandchildren's future money!

So what would you say/do to a thief in your home stuffing all of your stuff into his bag?

Would you say? "Hey. Let my family keep some of our stuff."

Or would you say "HEY MOTHERFVCKER, PUT THAT DOWN AND LEAVE BEFORE I SHOOT YOU!"?

That would be a very unfair and just another way to transfer massive wealth from one group of people to another.

Imagine people who did not buy homes they could not afford or people who did not spend every penny of credit they could get their hands one - how are they rewarded? By becoming the new lower class while all the reckless spenders become "rich" when all their debt is wiped out?

Responsibility is what should be rewarded, not irresponsibility.

If the government ever did such a thing I would imagine that all the insiders would quickly rush out to borrow every single penny that they could in order to run up massive debt just before having all that debt wiped out.

No. Not a good idea. I would like to have my debts forgiven, but not this way.

Besides, we might be indirectly heading in that direction anyhow. If the US creates enough new money and continues to inflate our money supply, all of us who are in debt might be quickly inflated out of it.

I have no debt...
How about the Fed credits EVERY single bank account with $2.Million tax free dollars,I could add to my metals stack in a BIG way then!