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  1. peilthetraveler

    Stealing from society

    Good luck with that ever happening. It wont ever happen because it makes sense and the government doesnt like to do anything logical and sensible. If by some miracle it ever did happen, I give it 20-30 years before politicians start having "crisis's" and "need" to change some things. The...
  2. peilthetraveler

    Stealing from society

    Its not really that hard to support children. They are not that expensive. The only reason people think they are expensive is because parents in this country are used to a certain standard of living for their children. At least 70% of all the children in the world do not use disposable diapers...
  3. peilthetraveler

    More idiot woman...

    You mean besides Obamas wife that I am seeing on every magazine cover when I go to the grocery store?
  4. peilthetraveler

    somehow it looks really authentic

    At first I was like...who was that...looks familiar. hehe
  5. peilthetraveler

    What is really a fair mortgage rate?

    Ok...time to put this baby to rest. I'm going to show you with evidence that high interest rates are possible. This website says interest rates for homes in the philippines is between 11%-16% (although I have personally seen it as high as 18% as early as last year) Those interest rates have...
  6. peilthetraveler

    Microsoft is hiring people for 52 cents/hour

    They would find something. Necessity is the mother of invention. If I were them and I had no job and was hungry...I would walk over to the nearest ocean, lake or river and fish. Any excess fish I would sell to passerbys. (I know that type of thing doesnt fly in the US, But if you ever go to...
  7. peilthetraveler

    Debt collection and credit cards

    I keep everything now. No papers ever get thrown away. I also track all my purchases on a spreadsheet. Doesnt matter if I spend $500 or 50 cents, it gets written down. This way at the end of the money, i know exactly how much money i have down to the penny. I also used to track my power...
  8. peilthetraveler

    What is really a fair mortgage rate?

    Ok...i still dont agree with you, but for a minute I am going to let you be right about this one just to prove a point. Can you tell me any society in history where no citizen defaulted on a debt? Maybe under this scenario if I told you that 20% of all borrowers defaulted you could finally...
  9. peilthetraveler

    What is really a fair mortgage rate?

    Imagine you want to buy a house for 1000 oz of gold. You pay 13 oz of gold per month rent right now. You find out that if you borrow 1000 oz of gold and pay it off over 15 years, you are paying about 17oz of gold per month. So you make that decision that its better to pay an extra 4 oz of...
  10. peilthetraveler

    What is really a fair mortgage rate?

    Only if demand keeps up which it wont. Eventually demand will fall and will the prices. The market always corrects itself. Gold is recycled though. The amount of gold pulled out of the ground every year has to do with GDP, not with what interest rates should be. I believe it is the...
  11. peilthetraveler

    More idiot woman...

    Your obsession with her is psychotic. I love that you have no rebuttal to what she says other than "she is an idiot" Bigot - –noun- a person who is utterly intolerant of any differing creed, belief, or opinion. http://dictionary.reference.com/browse/bigot
  12. peilthetraveler

    Prepare for Volatility of your Life --- Israel-Hezbollah-Lebanon War Immanent

    Maybe we bible thumping Christians did it.
  13. peilthetraveler

    Prepare for Volatility of your Life --- Israel-Hezbollah-Lebanon War Immanent

    So by looking at that map, if nuclear war breaks out in the middle east, I should probably move to australia or japan or somewhere like that, since the earth rotating east to west obviously pushes all the nuclear material west. Basically I want to be upwind from that shitstorm.
  14. peilthetraveler

    Prepare for Volatility of your Life --- Israel-Hezbollah-Lebanon War Immanent

    Its possible they will attack Israel. Revelation 20:9 They marched across the breadth of the earth and surrounded the camp of God's people, the city he loves. But fire came down from heaven and devoured them. And the devil, who deceived them, was thrown into the lake of burning sulfur, where...
  15. peilthetraveler

    What is really a fair mortgage rate?

    In a normal economy that does not have excess demand, a mortgage should always be a cheaper monthy payment than rent. Only the last 10 years or so its been mostly cheaper to rent than to buy, but that was because of the bubble. In a gold based economy with no inflation, its logical to assume...
  16. peilthetraveler

    What is really a fair mortgage rate?

    So according to you then, Since a moneylender (whose product happens to be loans) can not sell his product for more than 1-2% higher than it costs him, then by that reasoning, everyone else in the world can not mark up their products higher. I mean, if I make widgets, I cant sell them for 20%...
  17. peilthetraveler

    What is really a fair mortgage rate?

    I can see where you have gotten confused. In your example, you are figuring that 100% of all the gold that exists is being loaned by banks. You are not including all the people that own gold and spend gold on a day to day basis. You are not factoring in the velocity of money. The one who...
  18. peilthetraveler

    I'd like to send you my thanks Mr President.

    That would require a democrat to actually think about the future and consequences of their actions. If they ever do finally think about those consequences, they are no longer called democrats...they are called republicans. :p :p :p
  19. peilthetraveler

    Prostitution for $10 in Detroit

    $10 for sex from these women? How many of you would pay $20 for them NOT to touch you? *raises hand*
  20. peilthetraveler

    What is really a fair mortgage rate?

    1-2% wouldnt make sense. At those rates, nobody would loan money for a house and everyone would want to put a mortgage on their house. Supply & demand would not allow for a 1-2% interest rate. The market would force interest rates so much higher because everyone would want a mortgage and...
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