Re: Re: Re: Federal Banks Can't Loan Credit jenz, I know there's a comprehension problem. Note that quite a few posts ago I made reference to the government not being able to just print money and that put it in circulation. It can only be put into circulation by the Federal Reserve by the sale of government securities. Items like that were ignored. (I know I shouldn't use that word, but what else can I say?) I hadn't caught the subtlety with the federal financing bank, I got hung up on you don't loan CREDIT, credit is what ensues from the loaning of MONEY. I'm sure there were other issues involved, or the arbiter was overwhelmed by the mumbo-jumbo.
Re: Re: Re: Federal Banks Can't Loan Credit they probably realized they couldn't explain the concept of credit to her, and felt their money was better off spent elsewhere. what is she going to do when she needs more credit? she has probably blacklisted herself with every creditor out there. we bankers are more forgiving to those that just can't pay their bills instead of slime that looks for excuses not to pay. it frustrates me when people put false information out here. i shouldn't be obsessing about it, but ARGH! and then to insult you and I??!?!?!
Re: Re: Re: Federal Banks Can't Loan Credit jenz, even though Courtney might not have learned anything, I hope a lot of people here learned some good information from this thread. Lord knows you and I tried. Maybe we should start a forum on "The Basics of Finance." You, Butch and I can be the instructors.
Re: Re: Re: Federal Banks Can't Loan Credit you and butch should definitly start a "newbie" thread to be posted at the top. i don't have the patience!
Re: Re: Re: Re: Federal Banks Can't Loan Credit overlooked? BTW I'm with jenz - I am grinding my teeth as I read here.
Re: Re: Re: Re: Federal Banks Can't Loan Credit That's actually not far from the truth. Banks and "UN"secured credit issuers do have a responsibility to their shareholders to preserve their capital to the max. extent they can. When Courtney claims victory, it's because it would have cost far more to fight her than just write the situation off. Why throw good money after bad, right? Those limited, sparse accomplishments are then leapt upon, by the promoters, as proof perfect that the system works. So far, those who use and promote these formula's are insignificant. Merely a fly in the ointment. It won't be long now before these large corps. decide to fight back. It matters not how "technically" right/wrong Courtney actually is. When the case hits the bench, these judges will NOT permit this concept to prevail. I used to be VERY heavily involved in the study of the "UN"tax movement. I'm talking like 15 years of hard study. That's the MAIN reason I was able to come here and take off running. I follow the "careers" of all the experts from Irwin Schiff, to Lynne Meredith, to Bob Schultz, to etc., etc., etc.. They all are either in prison, have been to prison or are on their way to prison, or spending every penny they've ever had in their wildest dreams to stay out of prison. They've all had their lifetime financial potential completely destroyed. So what if there's no Title 26 law requiring one to file a 1040. I don't care if you're David Koresh in WACO, or Larry Schweitzer of the "Republic of Texas", as long as society perceives you as a renegade trouble maker, forget it. You will NOT win this fight. More often than not, all one has to do is SHUT UP and let em talk for awhile, (which admittedly is sometimes difficult). Many have watched me do exactly that right here on CN. It doesnâ??t take long before they hang themselves. Presidential candidate Howard Dean, when asked what his favorite NEW TESTIMENT book was in the Bible, This intellectual giant of a Bible scholar replied; â??JOBâ? â?¦ along with earlier statements that Dean has read the Bible cover to cover, a reporter asked the candidate what his favorite book from the New Testament is. He answered by citing Job. Along those same lines hereâ??s another classic example of a successful FAILURE: This is in response to your letter of October 2 regarding the debt cancellation programs. Happily and contrarily to your pessimism, many of these programs DO work and they are not just isolated rarities. I'm saying that from personal experience. I've eliminated over 40K in CC debt using this approach (and have the 4 chargeoffs on my credit report to show for it.) Some of the teeth to it is that "banks donâ??t lend money" but the real power lies in the fact of uncovering the fraudulent contract you are bound in and the fact the bank didnâ??t provide total disclosure on the original agreement (i.e the bank, credit card, etc., didnâ??t tell you that you, the customer, are the source of the funds for the account and not the bank)â?¦Just thought you'd like to know. Craig Bragging about the fact that he has been â??successfulâ?, he points out that he has â??4 charge-offs on his CRâ? to prove it. This intellectually homeless reprobate will never make it financially, never. Nothing more needs to be said! The REAL bottom line is this gang; what difference does it make, if your sitting in a 6 by 8 taking a crap on a concrete toilet, whether your right or wrong? Or, as in the case of Dueprocess, has you reduced to a point where you live on a "CASH-ONLY" basis, where no-one would lend you even a pack of chewing gum, for what good is all that? hmmm? (Still waiting for Courtney to take us up on our offer.) .
Re: Re: Re: Re: Federal Banks Can't Loan Credit is this with all the money you saved from not paying your bills? one thing i would like to see courtney do is actually explain her argument, not copy and paste. i dont mean the basis behind it but what actually this code she is quoting means. i know what it means but i want to see if she does.
Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit its our "special" relationship that gives you this priviledge. special meaning we argue over every fact, you call me incompetent, i call you an a$$ and we call it a day. "you are my shining star".....but still an a$$ LOL
Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit Just skimmed over the ass end of this thread... I think courtney may something goin on with the arbitration thing. It is my understanding that arbitration is used as an alternative to settling things in court. Lets say you send an arbitration notice to an OC and they fail to respond. The arbitration goes thru and you get an arbitration award against the OC. If everything goes according to law, you should be able to waltz into small claims court, file a lawsuit, and motion for summary judgment because everything there are no issues of material fact, it has all been decided in arbitration.
Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit arbitration was around a long time before courtney! in fact, most small claim courts require some sort of attempt at arbitration/mediation. however, if they fail to appear at arbitration, i don't think that means you would automatically win in court.
Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit "...and then to insult you and I??!?!?!" jenz, I believe it's "insult you and me??!?!?!" If you want to EXCEL at least at using the English language correctly. No, Hedwig, I won't learn anything from this post or this website because you people have nothing to offer. There are much better websites which offer mature discussions without the snotty, petty, one-upsmanship bullshit. Such as Bayhouse. Federal banks can't loan unsecured credit, as stated in my last post. When they were asked in arbitration to show (prove) where it was allowed by LAW for them to loan credit, they couldn't. Why? BECAUSE THEY CAN'T by LAW LOAN CREDIT CARDS!!! The best argument any of them could muster was "we can because we are." Arbitration board said it was crap. I quoted the law. How did I get a Federal bank to loan me money? Try Chase, Citibank, MBNA to name a few. The same plastic loan sharking YOU have in YOUR wallets. And by the way, this never goes to court. Read your agreements. The last thing they want to do is go to court. It was all handled via mail and the arbitration board. It cost $139 to arbitrate each account. As far as this being an "isolated case", I have several of my friends beginning the process and they are already seeing results. A few of the banks just closed the account, zero balanced it, with no bad marks on their credit reports. I don't think a federal bank is going to dismiss 80K because they "feel sorry for someone."
Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit This is getting old...I BORROW MONEY on my CREDIT CARDS...I will pay it back...sooner or later...BUT I WILL PAY!!! I pay IN FULL in most cases...I pay up to 4.99% interest.
Re: Re: Re: Re: Re: Re: Federal Banks Can't Loan Credit You have yet to explain how you were able to get the Federal government to loan you money - which is what this code pertains to. You posted hoping that everyone would look to you as an expert and now your mad because you look like a fool. You cannot offer a "mature" discussion, because you won't/can't prove what you are saying. No one is stopping you from leaving if you would prefer a "mature" board. Take Butch up on his offer. Until then, I think I'll call it a day.
