Debt and regular people - Peace for the Soul2024-03-29T00:00:12Zhttps://peaceformeandtheworld.ning.com/forum/topics/debt-and-regular-people?commentId=5143044%3AComment%3A112832&feed=yes&xn_auth=no.
cometh the hour cometh the…tag:peaceformeandtheworld.ning.com,2012-06-10:5143044:Comment:1630892012-06-10T08:52:00.333Zdesmond dillonhttps://peaceformeandtheworld.ning.com/profile/desmonddillon
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<p>cometh the hour cometh the man when we need leaders.....</p>
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<p>cometh the hour cometh the man when we need leaders.....</p>
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<p>.</p> well said Dave D Poet. all…tag:peaceformeandtheworld.ning.com,2012-03-28:5143044:Comment:1571252012-03-28T21:07:28.427Zdesmond dillonhttps://peaceformeandtheworld.ning.com/profile/desmonddillon
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<p> well said Dave D Poet. all of it was enabled though fractional reserve banking. nowadays if you save one pound in the bank they are allowed, by politicians, to create debt for fifty or sixty pounds. we the taxpayer always have to stand behind the rest of the debt that they cannot cover. then they take out of that for themselves then pass the debt on to us. thus privatizing profit and socializing the losses which will be endless unless we stop them or the money becomes worthless…</p>
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<p> well said Dave D Poet. all of it was enabled though fractional reserve banking. nowadays if you save one pound in the bank they are allowed, by politicians, to create debt for fifty or sixty pounds. we the taxpayer always have to stand behind the rest of the debt that they cannot cover. then they take out of that for themselves then pass the debt on to us. thus privatizing profit and socializing the losses which will be endless unless we stop them or the money becomes worthless by all the fake printing that is happening. it is all most iniquitous and far removed from traditional banking which was as safe as the houses used to be . that is until the banks nee gambling houses got involved. we truly need to ban fractional reserve banking.</p>
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<p>..</p> The reality here in the UK is…tag:peaceformeandtheworld.ning.com,2012-03-26:5143044:Comment:1564442012-03-26T00:40:45.453ZDave D Poet Rhumourhttps://peaceformeandtheworld.ning.com/profile/DaveakaRhumour
<p>The reality here in the UK is that our economy has been running in deficit all my life. The one chance we had of getting out of debt was to have used the windfall of our North Sea Oil revenues to rebuild our manufacturing sector into a competitive state, but the triumph of lunacy over logic occurred when our government threw away our coal, steel and car industries, tripled the unemployment levels to 3 million and turned many towns into ghosts without any possible replacement jobs. Our coal…</p>
<p>The reality here in the UK is that our economy has been running in deficit all my life. The one chance we had of getting out of debt was to have used the windfall of our North Sea Oil revenues to rebuild our manufacturing sector into a competitive state, but the triumph of lunacy over logic occurred when our government threw away our coal, steel and car industries, tripled the unemployment levels to 3 million and turned many towns into ghosts without any possible replacement jobs. Our coal fired power stations turned to imported coal with high sulphur content that damaged the environment faster than ever.</p>
<p>We should have invested in clean power generation, but we built Gas fired power stations which are now supplied by imported gas. We should have invested in our car industry, but that was left to overseas firms who now make the profits. We should have invested in our white goods manufacturing, but now we import virtually all domestic appliances.</p>
<p>The same story for so many industries - while Germany & France invest in their own manufacturing, our greedy finance guys simply say 'why bother making, we can buy in cheaper'.</p>
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<p>But reality is you can't do that for long, since the economy is overburdened by social costs for millions unemployed and many more millions of part time staff - those on full state benefits and those on partial support (tax credits, etc).</p>
<p>And despite all of those citizens without adequate jobs to chase, the current government makes hundreds of thousands more people unemployed and tells all those without a job 'tough - the support you were entitled to is being cut - go get a job', while migrant workers continue to live in squalid overcrowded conditions so that they can send money back to eastern Europe, etc.</p>
<p>Most newly qualified graduates cannot get a job that pays enough for them to clear their student debts - but the government puts up the University charges.</p>
<p>Meanwhile the gap between the rich and the average workers in the UK grows ever wider. How much longer before we begin to ask why the failure of Bankers, Investors and other Businessmen should be paid for by the misery of those they have let down for decades?</p>
<p>And yes, personal debts have been much too high - the cynical manipulation of banks and businesses to change our previous reliance upon saving into one of reliance upon easy loans was never for the benefit of the lower & middle income families - it was entirely so that trade would continue at a level that lined the pockets of the rich to a greater degree than ever.</p>
<p>So by all mean blame the crisis we face now upon debt - but remember where that was always controlled from - Government, Banks and Investment institutions.</p>
<p>Anyone tempted to think I'm a red might like to know I'm a retired company director who ran 2 limited companies for many years - and did so without borrowing.</p>
<p></p> I do believe people want too…tag:peaceformeandtheworld.ning.com,2012-03-25:5143044:Comment:1561742012-03-25T17:02:37.713Zheather wilkinshttps://peaceformeandtheworld.ning.com/profile/heatherwilkins
<p>I do believe people want too much to quickly. If they would start out little with a plan such as save first then spend later they would be much better off in the long run. Proper education in management is necessary in this world we live in. for example----I wanted a new car, but I did not want to finance it. So I made do with my old one started saving and it didn't really take me that long to acquire enough for my new one. My title is clear and no one can repossess it. I am not a big…</p>
<p>I do believe people want too much to quickly. If they would start out little with a plan such as save first then spend later they would be much better off in the long run. Proper education in management is necessary in this world we live in. for example----I wanted a new car, but I did not want to finance it. So I made do with my old one started saving and it didn't really take me that long to acquire enough for my new one. My title is clear and no one can repossess it. I am not a big fan of out standing debts. Government cannot help us much. We must take charge of our own lives. </p>
<p></p> human beings lived and felt…tag:peaceformeandtheworld.ning.com,2012-03-25:5143044:Comment:1561702012-03-25T09:02:57.483Zdesmond dillonhttps://peaceformeandtheworld.ning.com/profile/desmonddillon
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<p>human beings lived and felt inner peace on our lovely planet long before such a thing as a bank existed. those of us alive now have no need of banks and their debt. we owe them nothing.!</p>
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<p>human beings lived and felt inner peace on our lovely planet long before such a thing as a bank existed. those of us alive now have no need of banks and their debt. we owe them nothing.!</p> You are absolutely right. We…tag:peaceformeandtheworld.ning.com,2011-10-04:5143044:Comment:1339132011-10-04T10:14:49.366ZHelen of troyhttps://peaceformeandtheworld.ning.com/profile/Helenoftroy
You are absolutely right. We do have to live according to our different countries laws. Some decisions you just cannot change, doesnt matter what. We have to accept that in order to have peace of mind.
You are absolutely right. We do have to live according to our different countries laws. Some decisions you just cannot change, doesnt matter what. We have to accept that in order to have peace of mind. Dave,
Thanks for the reply!
W…tag:peaceformeandtheworld.ning.com,2011-09-08:5143044:Comment:1259032011-09-08T05:51:47.851ZPaula C Moehttps://peaceformeandtheworld.ning.com/profile/PaulaCMoe
<p><img src="http://i925.photobucket.com/albums/ad93/ucsycybersmiley/39.gif"></img> Dave,</p>
<p>Thanks for the reply!</p>
<p>We live in times of turmoil, I realize this daily when I deal with individuals trying to avoid through modifications, or, hoping for the best when they are facing a foreclosure sale date in a short period of time.</p>
<p>Yes, I work in Loan Servicing for a HUGE bank, and I hear it every day.</p>
<p>What we truly need to do is to look at the devastation that has occurred because of greed and poor business choices that have caused many to…</p>
<p><img src="http://i925.photobucket.com/albums/ad93/ucsycybersmiley/39.gif"/>Dave,</p>
<p>Thanks for the reply!</p>
<p>We live in times of turmoil, I realize this daily when I deal with individuals trying to avoid through modifications, or, hoping for the best when they are facing a foreclosure sale date in a short period of time.</p>
<p>Yes, I work in Loan Servicing for a HUGE bank, and I hear it every day.</p>
<p>What we truly need to do is to look at the devastation that has occurred because of greed and poor business choices that have caused many to distrust not only the banks, but the government. The current administration is doing all it can to assist, however, because many in this fine country of ours disagree and are not going to back down on those disagreements, we are going to experience impasse after impasse until someone puts the brakes on that.</p>
<p>I, myself as an individual, can only do so much. I DO make a difference in many people's lives on a daily basis, however, the hard conversations have to be had as well.</p>
<p>Sad times.</p>
<p>My big question is, have we learned from this tragic mistake? Or, are we just going to think it will go away and we can do it over again in the next few years?</p>
<p>Best,</p>
<p>Paula<img src="http://i925.photobucket.com/albums/ad93/ucsycybersmiley/39.gif"/></p> its politics at its finest. e…tag:peaceformeandtheworld.ning.com,2011-09-05:5143044:Comment:1245022011-09-05T06:25:54.690Zdave wileyhttps://peaceformeandtheworld.ning.com/profile/davewiley
its politics at its finest. everybody wants their cake and eat it too. my view is that some are getting to much cake.
its politics at its finest. everybody wants their cake and eat it too. my view is that some are getting to much cake.
It began in SPAIN, THEN EUR…tag:peaceformeandtheworld.ning.com,2011-08-07:5143044:Comment:1130332011-08-07T05:48:59.529ZEva Librehttps://peaceformeandtheworld.ning.com/profile/Eva
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<p>It began in SPAIN, THEN EUROPE + now the R-Evolution has arrived in US ? People are saying NO to BANKS, Governments gathering in TOWN squares in 10,000's demanding a real democracy FOR the PEople. PEACEFULLY led Educators, laywers at the help co-ordinating an intelligent response to hold them to account.. NOthing like this has happened before. INTERESTING times, PEOPLE are DEMANDing a new Global Economy DID YOU HEAR…</p>
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<p>It began in SPAIN, THEN EUROPE + now the R-Evolution has arrived in US ? People are saying NO to BANKS, Governments gathering in TOWN squares in 10,000's demanding a real democracy FOR the PEople. PEACEFULLY led Educators, laywers at the help co-ordinating an intelligent response to hold them to account.. NOthing like this has happened before. INTERESTING times, PEOPLE are DEMANDing a new Global Economy DID YOU HEAR ?</p>
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Today our goverment cannot…tag:peaceformeandtheworld.ning.com,2011-08-06:5143044:Comment:1131052011-08-06T17:38:27.726Zheather wilkinshttps://peaceformeandtheworld.ning.com/profile/heatherwilkins
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<p>Today our goverment cannot pay the interest on their debt.</p>
<p>How will they ever touch the principle? They cannot.</p>
<p>Is this stupid or what.?</p>
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<p>Today our goverment cannot pay the interest on their debt.</p>
<p>How will they ever touch the principle? They cannot.</p>
<p>Is this stupid or what.?</p>