A Modest Proposal

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Thu, 01/13/2011 - 20:09 | 874842 TheGoodDoctor
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Just make sure to use TBTF credit cards.

Thu, 01/13/2011 - 20:18 | 874875 UncleFester
UncleFester's picture

At first glance you would say circle-jerk!  But you know the CC payments have been sliced and diced into tranches and sold off as fixed income investments by the TBTF.  And b/c the TBTF know you won't be able to pay the debt, they will take the other bet in the OTC.  However, b/c there are more than one TBTF, each will have the others toxic crap on their balance sheets and all will suffer when the bill comes due.  Taxpayer bailouts to cover the leveraged Wall St. bets means net result...you get free shit, TBTF get bailed out plus bonuses plus mergers and acquisitions, and (finally) your kids are debt slaves.

I Fester.

Thu, 01/13/2011 - 21:48 | 875074 66Sexy
66Sexy's picture

More Like:

1. Everyone in America maxed out their credit cards (on average about 4) to buy as much PHYSICAL gold and silver as they can...

2. Everyone refused to pay their credit card bill when invoiced.

That would certainly solve the problem, and cut through the bullshit, wouldn't it?

Kind of hard to confiscate something that is widely owned and is the only true asset a person owns; after the government takes away the real estate, bank accounts, 401K's, i.e anything that is digital and immovable.

This is also the reason I am confident the "dam will hold" and the dollar will survive: the federal reserve already controls it, and its too risky to lose that control as population awareness grows on a global scale.

Thu, 01/13/2011 - 22:02 | 875117 Z
Z's picture

I:

1. max out my CC to buy Au/Ag.

2. Au/Ag rise.

3 Wait 55 days (interest free)

4. Sell Au/Ag

5. Make the payment on my CC

6. Repeat.

Thu, 01/13/2011 - 22:23 | 875143 Malcolm Tucker
Malcolm Tucker's picture

EXCELLENT cartoon about " The American Dream "! Full of references to banksters, the FED, fractional reserve banking, gold, etc....

http://fedupmontrealer.blogspot.com/2011/01/american-dream-cartoon.html

 

Thu, 01/13/2011 - 23:03 | 875210 LongSoupLine
LongSoupLine's picture

+ infinity.

 

Showed it to my teens...they loved it!  If anyone can make it go viral, it's teens.

 

Let the healing begin.

Thu, 01/13/2011 - 23:14 | 875230 Malcolm Tucker
Malcolm Tucker's picture

Glad you enjoyed it ! :)

Fri, 01/14/2011 - 01:06 | 875373 Michael
Michael's picture

Show this to your teens too.

Before You Enlist! (2011 revision)

http://www.youtube.com/watch?v=kcz7NFrPUg0

 

That's what you get when you believe you can win a war against a TACTIC.

That's what you get when you believe the official story of 9/11 told by the Federal Government.

You get to be dead, maimed, or mentally disturbed.

You get what you deserve for your ignorance and unquestioning loyalty to your ZOG.

Fri, 01/14/2011 - 01:40 | 875419 Andy Lewis
Andy Lewis's picture

ZOG agents gon' drink yo blood and gitcho mama.  Oogah Boogah!

The only one disturbed here is you.

 

Fri, 01/14/2011 - 01:54 | 875428 akak
akak's picture

Junked for kneeling before ZOG.

 

Fri, 01/14/2011 - 09:00 | 875632 whatz that smell
whatz that smell's picture

frankly andy i'm disturbed-

"i am the currency"

"if i am the currency, i am the treasurer"

"therefore, i am the currency"

...any questions?

Fri, 01/14/2011 - 01:58 | 875430 palmereldritch
palmereldritch's picture

The ZOG part was poison at the bottom of the well.  Totally unecessary and ultimately irrelevant to the subject's priorities.

The video link is excellent tho.  Everyone should at least view that and see the true face of war on the ground and decide where the Repubic and the American Constitution is best defended.

Fri, 01/14/2011 - 02:22 | 875450 Michael
Michael's picture

I put this same comment on that video and they removed it. I wonder why? He was my favorite Superman character.

Fri, 01/14/2011 - 00:19 | 875316 Village Idiot
Village Idiot's picture

You weren't kidding - Excellent cartoon about "The America Dream"!  Kind of painful to watch.  Cartoon form makes it even more heinous to absorb.  Kill the squids. 

Fri, 01/14/2011 - 00:34 | 875339 Ace
Ace's picture

Couldn't get through the video. Good effort, but they got way too many facts wrong.

Fri, 01/14/2011 - 00:46 | 875351 Village Idiot
Village Idiot's picture

 

"Couldn't get through the video. Good effort, but they got way too many facts wrong."

 

Ok I admit it, I didn't watch the whole thing. 

Fri, 01/14/2011 - 01:19 | 875384 Malcolm Tucker
Malcolm Tucker's picture

That's a shame because you're missing the end where they face off against the giant squid bank army led by general paulson lol

Fri, 01/14/2011 - 01:53 | 875426 Village Idiot
Village Idiot's picture

ok, I'll watch it.

Fri, 01/14/2011 - 07:09 | 875569 anony
anony's picture

As a non-participant in the racking up of credit, other than to use 0 interest 13 month loans to me to buy 12% Closed end funds, (with deafening applause to Dire Straits) the first part of the video had me getting angry at the idiots who borrowed that money to buy stuff. That places a huge amount of righteous blame on the borrower.

The absence of names however was even more disturbing from an educational viewpoint. If one truly attempts to inform and instruct another about the War Between the States, how would it be possible to do so by omitting the names of Robert E. Lee, Abraham Lincoln, US Grant? Or WWII without naming Oppenheimer, Hitler, Churchill, or Roosevelt?

 

 

Thu, 01/13/2011 - 22:05 | 875121 Missing_Link
Missing_Link's picture

Really, this is genius.

If you take debt and propagate it through enough parties (sometimes repeatedly), then eventually it becomes part of the fabric of life and magically disappears!

Thu, 01/13/2011 - 23:50 | 875278 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

...and that children, is how we finally created the first-ever perpetual motion machine!

Fri, 01/14/2011 - 00:08 | 875301 flacon
flacon's picture

The Soviet Communists believed that once The State becomes the Total State then the State will dissolve and form the ultimate socialist paradise. It's a Keynesian idea; a bit like suicide where one can live forever in bliss if only they kill themselves first.

 

Keynesianism Loves the Total State

http://mises.org/daily/3693 

 

 

Fri, 01/14/2011 - 01:04 | 875370 Arch Duke Ferdinand
Arch Duke Ferdinand's picture

All Americans simply refuse to file their 2010 Income Tax.

Thu, 01/13/2011 - 20:35 | 874927 Clampit
Clampit's picture

I don't have one ... unless VISA counts as a TBTF? (How exactly does this relationship work anyway?)

Thu, 01/13/2011 - 22:29 | 875152 Cognitive Dissonance
Cognitive Dissonance's picture

VISA is your library card.

Fri, 01/14/2011 - 00:28 | 875333 Haywood Jablowme
Haywood Jablowme's picture

VISA is your library card.

 

Any entity that changed into a bank-holding company to reap the benefits of all the tax-payer bailouts is FAIR FUCKING GAME.

I remember getting heat awhile back when I mentioned the use of credit cards to help aid in the purchasing of AU/AG.  $35k with gold @ $680 and Silver @ $16.  Best fucking purchase I've made with the help of CC's to date with no paper trail. 

Of course if you haven't de-programmed yourselves from the b.s. world of credit & credit scores, then it's another story.  If you can't pay for it in cash, you probably shouldn't be looking at it anyway.

Interesting how even to this day I'm still getting credit card offers in the mail LMFAO.

 

Fri, 01/14/2011 - 02:06 | 875436 Clampit
Clampit's picture

Couldn't care less what my credit score is, but not having a credit card isn't practical for anyone who travels, buys exotic little trinkets from various dicey online entities, or has furniture custom made. It's also an automatic 1% discount, and though I try to not beat up small retailers on price, >>90% are happy to kick in for me and my local bank vis-a-vis this conglomeration called VISA. In the last 15 years I've carried a balance a total of two months, both times were, well ... technical difficulties on my end. 

And CD, I'm amazed how many branches my library has opened around the globe, though Japan does still give me guff from time to time. 

Fri, 01/14/2011 - 03:31 | 875469 Haywood Jablowme
Haywood Jablowme's picture

debit card if you must.  So the furniture maker doesn't take cash?  That's a fucking first.

The boys and girls at Visa must get a kick out of seeing your statement for the Liberace custom piano bench with the built in vibrator but maybe you save those types of purchases for your Amex "Black."

 

 

Fri, 01/14/2011 - 11:51 | 875998 Clampit
Clampit's picture

The furniture maker went Casper, and unlike the people who paid cash, I received my $2500 back.

Thu, 01/13/2011 - 22:59 | 875203 bonddude
bonddude's picture

To bad about the "to small to care about" banks. http://www.xtranormal.com/watch/8242405/

Fri, 01/14/2011 - 01:07 | 875367 Michael
Michael's picture

duplicate deleted

Fri, 01/14/2011 - 01:26 | 875394 bigelkhorn
bigelkhorn's picture

I have a bad story with these card. And do not give it to the wife...I hide it from her these days. LOL.

The guy from FFT talked about this in his economic newsletter at http://www.forecastfortomorrow.com  that guy has called many big events before they have happend, including the stock market crash in 2008 and the current financial collapse of the US. (currently happening) I found him from a friend last year, and he has some important work.

His oil calls are insane, and I have been making good money with them. He is well worth a look, if you want to keep two steps ahead of the sheeple out there.

I am worried about my financial future. Is anyone else nervous out there?

Fri, 01/14/2011 - 04:16 | 875505 faustian bargain
faustian bargain's picture

Anyone else have a sudden deja-vu? It's like I've read this same exact thing before. Naw, can't be.

Fri, 01/14/2011 - 08:24 | 875605 Confused
Confused's picture

Anyone else have a sudden deja-vu? It's like I've read this same exact thing before. Naw, can't be.

 

The worst kind.

 

 

Fri, 01/14/2011 - 08:26 | 875606 ColonelCooper
ColonelCooper's picture

Yeah.  I bet you can help me lose weight with ACAI Berry too.  Gotta link for big dick pills?  Go spam Yahoo.

 

Thu, 01/13/2011 - 20:12 | 874852 Misean
Misean's picture

The banksters would just get another bail out.

Thu, 01/13/2011 - 20:26 | 874898 DosZap
DosZap's picture

Wish it could work, but it would not.

The TBTF's, would (once you failed to pay after a few months),turn you over to a Collection Agency, and get your ass served, and you pay or lose your ass.

Anything paid for.

Thu, 01/13/2011 - 20:54 | 874971 Cdad
Cdad's picture

Yeah...whatever.  If you did not need credit, it would work fine.  So if your house is paid for, and your cash flow covers food, fuel, and taxes...you are in the freakin' clear.

So yeah...it could work...unless you were a debt saturated zombie...which, in that case, is your freakin' problem for living beyond your means.  Hello penchant for human flesh.

 

Thu, 01/13/2011 - 21:10 | 875005 Racer
Racer's picture

they would still get you even if you have an unsecured loan, they will force you to secure it on your paid for house

Fri, 01/14/2011 - 00:31 | 875335 Haywood Jablowme
Haywood Jablowme's picture

....which is exactly why you keep assets directly out of your name.

 

 

Fri, 01/14/2011 - 10:50 | 875838 MachoMan
MachoMan's picture

Spendthrift trusts are nice...  (if properly set up)... 

Thu, 01/13/2011 - 20:13 | 874853 Strom
Strom's picture

Sweet!

Thu, 01/13/2011 - 21:25 | 875032 rocker
rocker's picture

Why the individual would loose.  And the Bankster Wins again.  How it Works.

1.  You Max out your card.  Pay off national debt.  And Default.

2.  The Bank, (holder of your card), gets bailed out 100% of default, (printing press).  

3.  Your dragged into court. Told to forfeit all your assets to cover bill.

4.  This is the best part. Who gets the assets ???  The Bankster.  They get paid twice.

   

Thu, 01/13/2011 - 21:32 | 875046 Oracle of Kypseli
Oracle of Kypseli's picture

If you max out your card and have no visible income, you file for bankruptsy.

Start fresh using cash only.

Thu, 01/13/2011 - 23:26 | 875250 rocker
rocker's picture

That's my point.  I do not know what bankruptsy is like.  But, I can't imagine it is fun for those who do.

The Banksters steal all you have.  Except for a little cash.  Please..........

In reality, why would you max out any credit card.  No Bank EVER gets a dime from me on a balance. That is being credit stupid.  I'll take the points only.  Anybody who owes on a credit card is just not doing the right thing for their own good. 

This article makes a mockery of those who do not get the reality of being credit stupid. Actually, it is "ZH's Joke of the Day."

Sun, 01/16/2011 - 01:58 | 879578 Oracle of Kypseli
Oracle of Kypseli's picture

There are some of us who can pay the whole bill each month and and there are some who can not. (lost job, medical reasons, foreclosure etc.)    

Thu, 01/13/2011 - 23:50 | 875282 Grill Boss
Grill Boss's picture

actually you dont if you know the law and unslave yourself

http://one-heaven.org/ecclesiastical_deed_poll/edp_introduction.htm

 

learn how here

Thu, 01/13/2011 - 22:56 | 875197 illyia
illyia's picture

Yes, rocker... I think we just did this...

...

Thu, 01/13/2011 - 20:14 | 874855 hambone
hambone's picture

Credit card debt is recourse debt...better to put it on your line of credit, the non-recourse option???

Thu, 01/13/2011 - 20:15 | 874861 Hulk
Hulk's picture

I'll use the dog's cards then...

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