HomeOne program to remove any income requirement for loan applicants

[MonkParticipant 17026]

Anonymous wrote:

This has to be a wind up. How can you give a loan to someone with no proven means to pay it back.

Because the objective is not to make money, but to obtain CONTROL.

[Anonymous 14]

Anonymous wrote:

This has to be a wind up. How can you give a loan to someone with no proven means to pay it back.

It’s easy when the money is created out of thin air and any responsibility for a crash (artificially created by a constricting of lending imaginary money under the guise of controlling inflation, inflation that wages never keep up with therefore ensuring a race to the bottom for the masses over time) is put upon the tax payer to do the bailing out.

F~~~ed in the ass at ever turn, welcome to being a citizen of the U.S.A.

[Gravel PitParticipant]

Never underestimate the retardedness of banks and credit unions. I just got off the phone with a financer woman representing a bank. She wants me to show her all kinds of private documentation in order for her to execute financing for a client of mine. She doesn’t realize, I don’t need her money. I could care less if people finance. I will not show private invoices that are frankly top secret. Banks think that everyone’s papers are open for their noses to poke in and take a look. F~~~ them.

Credit scores and financing are bulls~~~. Ever notice how you have to take on debt to gain credit? LOL. They don’t realize, there are people like me out there who own all kinds of s~~~ and have sweet cash flow but I have no credit score, no credit cards, no loans, nothing. LOL Morons.

Never sign anything, pay cash for everything. Buy from small business, only from men you can shake their hand and look them in the eye. F~~~ big business and big banks.

[TheSpiceParticipant 2644]

Housing is in yet another bubble. It’s a shell game. Right now they have nearly everyone wondering where to put their “money”. Everyone FEELS wealthy right now. That’s the trick. When the dust settles, the elite will own even more assets while the middle class is fleeced yet again. This time they’re coming for your retirement/pensions and homes.

Stocks and bonds are going down in flames. The US Dollar is going down in flames. Real estate is going down in flames.

If you think you can outsmart it, you’re likely wrong. The best thing you can do is try and be as diversified as possible and hide as many assets as you can.

If anyone here remembers XIV, you’ll understand exactly what can happen to a financial “asset”. It can seem like the easiest way ever to make money and then suddenly the playbook changes on you and you’ve lost 80% of your money overnight and instead of being able to ride the rollercoaster back up, the fund is closed and you are cashed out for a major loss.

For me, XIV blowing up was a watershed moment. It became crystal clear what was going to happen to the markets. It may be less severe (or more), but there will be a loss of confidence so strong that we will deleverage into near nothingness. In the end, the wealthiest will eventually put in the lowest of bids to own nearly everything.

Until it happens, everything will be peachy. Enjoy it.

"I've been thinking about what it would be like if we got back together."
"You know it's too late for that."

[bigboy83Participant 11312]

Debt slavery is a hell of a drug.

Shit Tested, Cunt Approved.

[Author]

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