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  1. J

    Stop paying credit cards. Give yourself a bailout!!

    :eek: :confused: Dont know where you are from. But down here in florida it just doesnt happen. Virtually most people have their credit damaged due to -housing -job lost -less income
  2. J

    Stop paying credit cards. Give yourself a bailout!!

    Not relevant at all. No one cares about credit scores. I have never been asked for it nor I know any of my classmates, coworkers. I think jobs related to financial crime with the FBI or law enforcement do take a look at your credit and question you about them. I REALLY WOULD LIKE TO KNOW...
  3. J

    Stop paying credit cards. Give yourself a bailout!!

    The story is not yet complete. They turn around and this bad debt is tax deductible. A toxic asset. If the company is already taking a loss it can be used 20 years from now. They manage to postpone it, thereby making some serious money due to interest rate, tax rate and the time value of...
  4. J

    Stop paying credit cards. Give yourself a bailout!!

    You sound like my phone calls collectors. I wonder how God would judge jueco2005 VS. JP Morgan Chase. I am old enough to be in charge of my morals. Hey my student loans and car loans have been paid every month on time. I only gave CC companies the middle finger when they tried to rob me...
  5. J

    Stop paying credit cards. Give yourself a bailout!!

    :confused: Define white collar job plase. By the way I have a good job. I have never been asked for a credit report. That is useless nowdays, specially in florida.
  6. J

    Stop paying credit cards. Give yourself a bailout!!

    Honestly I still have to find a place where they check credit scores. Bad credit does not threaten my future, not being a CPA will make it harder to be a CFO. That why I am trying and guess what?? IM HALF WAY!!!!!! I have a pretty good job. Can't complain. :D :D
  7. J

    Stop paying credit cards. Give yourself a bailout!!

    Last time I checked with the state CPA board and the Accounting program at my university, credit scores is not even a consideration when seeking your CPA license and/or opening your own CPA firm. Opening my own biz is my dream. But I must admit I lack the spirit of an entrepreneur...
  8. J

    Stop paying credit cards. Give yourself a bailout!!

    Correction my friend. I did not spend them recklessly. They were about 90% used when unfortunately I lost my house and CC companies raised together the interest rate from an average of 10 to 12 % to 29.99%. From 200 monthly payments I found my self paying close to 500. THEN I GAVE MYSELF...
  9. J

    GOLD AT 5,000??? Bubble or super depression.

    I have a BS in Economics. I think at least I have a clue. Gold like any commodity can be abused and become a buble. Its real price depends on the amount of dollars out there, its supply and demand. Demand has been fueled by fear, new currency and speculation. But just like it...
  10. J

    Stop paying credit cards. Give yourself a bailout!!

    Answer, be polite, helpful, sweet & just tell them you got that number recently that you are somebody else. :D :D
  11. J

    Stop paying credit cards. Give yourself a bailout!!

    After 811 days after giving myself a bail out and 243 days of last post. How are things going?? Obviously my credit is garbage. After finishing my MBA in Dec 2009 I am now half way completing accounting courses to sit for the CPA. No problem in getting education funds. I have purchased...
  12. J

    GOLD AT 5,000??? Bubble or super depression.

    Some are already predicting gold to be 5000. But Gold at 2500 or 3000 could mean a bubble for sure. I mean......Can the world economy sustain such an increase in gold prices?? I think that if it reaches 5,000 is because GOLD would have become the economy itself. For the moment I am...
  13. J

    Gold and aggregate demand.

    There is no doubt Gold has passed the test of ages to come to be the universal form of MONEY. However, this is just a metal just like any other. It is virtually useless. Iron, copper, many other minerals are essential to our standard of living. We could do just fine without gold & silver...
  14. J

    Gold and aggregate demand.

    I wonder where you took ECO 101. I would recommend some good books.
  15. J

    Gold and aggregate demand.

    The over issuance of dollars have increased the real value of gold somewhat. However, during these bad times many investors have protected their dollars in gold. When the economy gets better and other investment opportunities arise the real value of gold will decrease somewhat. I...
  16. J

    What is an economics.?

    THE MOST ABUSED SCIENCE OF ALL. Its the science of making the majority accept and play under a system that favors a few at the expense of the rest. Its capitalism for you and socialism for me. If you fail is because you are not a good capitalist, its because you have to work harder...
  17. J

    48% of Americans see Depression in next 12 months

    IF you or your spouse have no jobs you are in a depression. About 20% of America is already facing this problem on a daily basis.
  18. J

    College Conspiracy

    :confused: Maybe if you go to college and take at least ENG 101 you could write english properly. You seem to worship the internet, those who invented it did went to college.:D
  19. J

    College Conspiracy

    You seem to be 5. Wall Street guys, Goldman sacks, GWB, Mr. Obama, most of congress they are all geniuses. Most of these guys come from the top colleges in the nation. They manage to rob us, take us to war, impoverish out country, bankrupt the government, allow Wall Street to own the...
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