debt death

DEBT DEATH
Attention- guest article tomorrow.
Lulu, the people I use to sell both my e-books and paper books, sent me a deal on the paper version of “life after the collapse”. If you order using the coupon code below you get 15% off the $9.50 price. If you order other peoples books and have a $25 order I think they are having a free summer shipping deal, but I can’t guarantee that. And I’m not sure if you can combine the two deals. I don’t expect many of you to want the paper version since the e-book one is much cheaper. I’m just saying if you’ve had the purchase weighing heavily on your mind, unable to sleep at night, kicking the dog ( Kicking the Dog ) in frustration, this might be the time to order. And, speaking of book orders, last month my books sold twice the average amount. Thanks! Amazon commission is up as well. Sometimes, after all that my minions do, I’m almost ashamed when I call them bitches. Almost.

http://www.lulu.com/product/11179055?cid=071810_en_email_BEACHREAD305

coupon code BEACHREAD305

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In this mornings paper, a house fire as the SWAT ( S.W.A.T. - The Complete First Season ) team looked on. Later, NPR breathlessly droned on about the same thing. It was so groundbreaking that they repeated themselves an hour later. Some ancient old crone in her eighties and her 45 year old son barricaded themselves in the house located in an upscale neighborhood and when the deputies came to serve an eviction notice, they torched the place. I believe shots were first fired, explaining the SWAT team. Now, at first glance you might think this was a typical “seniors are crapped on and have to eat dog food and deserve more and more money” story to tug on your heart strings. But these morons had a third and forth mortgage on the house along with a lot of other debt. They weren’t poor defenseless homeowners cruelly booted out of their homes. If anything, homeowners can really clean up in the current meltdown. The banks don’t want to take a loan off the books since under fractional currency that would contract their assets ( one dollar on the books can be loaned out for more than that dollar amount, and mortgages are treated as assets as well as liabilities ). You can live rent free a long time until the bank is forced to act ( no guarantee, just the current trend ). Of course, since NPR received the Pulitzer prize ( Capture the Moment: The Pulitzer Prize Photographs ) for Most Socialistic, Left Wing, Commie Puppet Ass Whore Reporting in 2009 they had to angle this as the big bad cruel Republicans had ruined the economy, our fearless minority leader was unable to repair the damage, taxes must be raised to 99% and everyone other than white males should be on welfare as was their birthright. Okay, they actually just said that the Recession was Mentally Depressionary. But I know exactly wait they were hinting at.

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Obviously these people had been gaming the system for years. You don’t take out a third mortgage and how ever many credit card loans without knowing what you were doing. I’m sure the bitch was sucking up Social Security paychecks to finance the whole Ponzi scheme ( Ponzi's Scheme: The True Story of a Financial Legend ) ( sorry, I’ve sold too many scratch tickets to Seniors, and then watched too many permanently glued to slot machines to believe that they aren’t paid WAY too much in benefits ). These people were Users and Asshats. I could give a crap they shot themselves right before the gasoline soaked rug went up in flames. Good riddance, and I hope Baby Jesus spits in your face. This article isn’t about that, though. More about the soft peddling of debt by the media. I swear, not five minutes after the story was reported, the business news was on and some anal licking banker bitch was using convoluted logic to prove that the current economic climate is the responsibility of consumers being unwilling to go into further debt. The quarter million dollar mortgage and seven year SUV payment isn’t enough, evidently. There must be more, MORE!! I would ask you to repeat after me, debt is bad, debt is a trap, debt only benefits the banks. But you aren’t listening to me because the old lady doesn’t put out if her fat spreading butt isn’t commuting around in upholstered leather seats. Well, she still doesn’t put out ( oh my god! I’m so self conscious about my weight- I simply can’t get naked in front of you! ), but your odds were a lot worse when she was riding around in a twenty year old Honda ( Honda: The Boy Who Dreamed of Cars ).

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I started reading Gods Of Money ( Gods of Money: Wall Street and the Death of the American Century ) last night. Let me be frank with you- my sphincter tightened and my nipples were tingling. Because we are in mixed polite company I will refrain from describing the condition of my testicles. An awesome book on the bankers assent to power ( not just a rehash of The Creature From Jekyll Island [ The Creature from Jekyll Island: A Second Look at the Federal Reserve ]- more geopolitics than pure finance ). It included one of the most comprehensive descriptions on the causes of the Great Depression I’ve ever seen. In short, the cartel backed by the Morgan Group was creating credit to keep loaning money to European governments, which were merely paying back the interest from the old loans. It was a lot more detailed than that of course, but that was the core problem. After the start of the Depression, the Rockefeller ( Titan: The Life of John D. Rockefeller, Sr. ) Group took over and from then on mostly made their money on increasing local deficits rather than international. But obviously that wasn’t enough recently as they went global again. And just like eighty years ago, it was a bubble that popped and took the economy down. My point is that the whole rotten scam is ending and you mustn’t listen to family, friends or especially the media. Do not think being in debt will do anything other than get you homeless or in prison very soon. Get out of debt. Normally, I would take my chances with prison taking the law into my own hands before I ever thought about paying a lawyer one red cent, but this might be a perfect time to pay one of the bloodsuckers to advise you about bankruptcy. Paralegals are much cheaper, but in this state at least, they are bared from giving any legal advice.

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Look at it this way. You both work and pay off debts. One of you is laid off and after two years, cashing in the 401(k) and selling all assets, you still lose the home. Or, you downgrade your wages to qualify for bankruptcy and voluntarily lose the house and live in a trailer ( InStep Quick N EZ Bicycle Trailer (Orange/Gray) ) on junk land. You are never homeless. I’m not even throwing in Oil Down here. Just strictly from an economic collapse viewpoint, you are in for far more bad times. Adjust now, get out of debt. Trust someone who has been through it. Losing your credit rating is far offset by the vast relief of being out of debt, of owing nothing. Of having a safety cushion against the unexpected calamity. Of having flexibility. Or not. Hey, it’s your life. I’m just trying to help a brother out. But you can take this to the bank- I personally guarantee your subscription price back- things will get a lot worse financially.

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