Bad idea

[Mega]

Running for a fall:-
http://www.telegraph.co.uk/finance/p...-mortgage.html
Mike

[DRumsfeld2000]

Re: Bad idea

The UK is a country in rapid decline. Once QE is stopped interest rates will rise and the whole repossession cycle will get even worse. Gordon Brown better call an election ASAP so that he at least has a slim chance of winning.

[due_indigence]

Re: Bad idea

Just put my house on Visa. I can write you a check from my home office at the end of the month, provided you let me keep my home office. Usury stacked on usury. We are now paying our front-end loaded amortizable 6% mortgages with 20% simple interest credit cards. The imaginarium of debt forces us to make an accounting of what is really here. The houses exist. Their bricks and mortar are tangible. So do the people. I press their flesh every day. We need to shoot the intermediation-imaginarium-squid in the middle. We need to shoot the bankers. They are EVERYTHING that is wrong.

[iyamwutiam]

Re: Bad idea

Just put my house on Visa. I can write you a check from my home office at the end of the month, provided you let me keep my home office. Usury stacked on usury. We are now paying our front-end loaded amortizable 6% mortgages with 20% simple interest credit cards. The imaginarium of debt forces us to make an accounting of what is really here. The houses exist. Their bricks and mortar are tangible. So do the people. I press their flesh every day. We need to shoot the intermediation-imaginarium-squid in the middle. We need to shoot the bankers. They are EVERYTHING that is wrong.

“We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises, bad faith, bankrupt corporations, cheated creditors and a ruined people.”

Daniel Webster, speech in the Senate, 1833