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Your example makes sense, but that does not seem to be your situation. Either way, there is no reason to keep the CC debt. Few people would if they had that situation, it really makes no sense. There is leverage in financial markets as well as business ventures available, why leave a 30k debt...

Stop wasting your time, he is a retard filled with hate. Just add him to ignore like anyone else who has not stooped down to his level has.

The money you borrow from your CCs are in a CD. 200% gain? Yeah ok. You gonna tell me you have money sitting in CDs but the funds from your credit cards are put into more risky investments? That's idiotic. Noone sits long term in CC debt unless they have to. If you have any real assets &...

That site has as much credibility as your average infomercial guarantee. Collective is there and has been for a while. Anyone trying to start ane ven semi-valid record would begin there.

Yes I know you are retarded and it is a difficult concept for you. Deadbeats have little to nothing to do with the financial crisis. Deadbeats have existed for a very long time, so have home foreclosures and real estate booms & busts. It's obvious you will never understand what exactly is...

When haven't they been? Name a bank that can redeem all of its customers' deposits. Name just ONE that can even come close.

Smart money is trying to put their cash to work ASAP. They took it out in 2007 and now they are fighting over each other to employ it as the suckers are selling. Dollar is near worthless and will be devalued hardcore. If you sit in cash, you are bending over. Trillions of dollars will be...

LOL! You would be surprised just who uses LinkedIn. I personally know individuals on there who are very accomplished & successful.

Hey moron, Get this through your head. The "deadbeats" get what is coming to them, which is foreclosure & ruined credit. The point is that they, along with everyone else, aren also being put on the hook to bailout those who are actually directly responsible for the mess, while doing nothing...

Oh I know you're not worried. If you were, you would have paid off your CC debt a long time ago and put your cash into real assets (CDs? LOL!). Instead you're playing a risky game for a measly 1% gain. Smart use of Credit Cards is to use the credit line to acquire cheap assets you can flip...

You're are far from educated yourself if you honestly believe that. Or just easily swayed by right wing media. P.S. No I am not promoting left wing, both are owned by the same club

Food, water, electricity & medical. If you can't see the scheme, you're finished. The deflation is a temporary situation due to hoarding of credit & money supply. Close to a trillion dollars has already been allotted with more trillions committed. Going into cash is a sucker's move.

Disagree. It's the game. The creditors play a game so the debtors play the game as well, if they are smart. CCs are lending soft money. They are creating it out of thin air via the Federal Reserve system. The second you borrow, you lose, via inflation, while they benefit. The whole...

Within 2-3 years, you will have debt collectors after you. Mark my words. Every single person that I know who has played this game with the same story and logic ended up with creditors after them and filing BK (if they are smart) Your fixed rate can change at any moment. CCs know when...

More like slave labor. UAW is absurd but really they are acting just like corporate execs do. "Pay us absurd money, just because". GM management could have put their foot down a long time ago. But they did not, nor they won't. The problem is a little deeper than just UAW.

Talking about you, dodo. [B] It's an elaborate pump & dump site, what is your point?

It's called a budget report. And yes, unless you wanted the rich man Potter to move out, you would definitely make sure you provide proper accounting of the tax dollars.

At the end of the day, it is. They don't have the money to cover this, never have and never will. Hence, more treasuries issued to cover their obligations, more dollars printed. The taxpayer and then some are footing the bill, via inflation tax. You included.

Being a cheap sellout sycophant must suck even more. Your word has little credibility after the type of scumbags & snakeoil salesmen you are willing to endorse and have endorsed. Whatever Sykes makes, how would you know? Are you his accountant? No you are just a shameless promoter of...

You need help although I doubt anyone has found a cure for that condition you have called "Loser for Life"