tag:blogger.com,1999:blog-8383701632927065467.post5307546041440281974..comments2023-08-21T03:51:17.425-06:00Comments on Enlightened Catholicism: Why The Fate Of The F22 Is Important To The GLBT Communitycolkochhttp://www.blogger.com/profile/03432916690101599393noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-8383701632927065467.post-15341250459641172882009-09-07T14:04:34.002-06:002009-09-07T14:04:34.002-06:00Does everyone here really need a lecture on the ti...Does everyone here really need a lecture on the time value of money?<br /><br />Given the choice between $300,000 today, and, let's say, $310,000 30 years from now, which would you pick?<br /><br />Would you really be making a "profit" of $10,000 by waiting 30 years to get the larger sum of money.<br /><br />Yes, banks make profit by lending money out. It's how they survive, but pretending that there's no such thing as "compounding interest rates" is simply madness.<br /><br />Also, American politics is a fit of madness in itself, but I think everyone's in agreement on that topic.Krupohttp://www.krupo.canoreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-64653166117007717972009-07-19T10:54:46.076-06:002009-07-19T10:54:46.076-06:00HAPPY BIRTHDAY COLLEEN!HAPPY BIRTHDAY COLLEEN!butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-24500534234021387762009-07-19T10:00:04.186-06:002009-07-19T10:00:04.186-06:00I would love to see a bank start up that would com...I would love to see a bank start up that would compete with the old banks that would reduce the profit of a mortgage loan by one-third over the life of the loan.<br /><br />There would be a mortgage boom and the old banks would have to reform or be put out of business.<br /><br />People could pay off their debts.<br /><br />Money would flow again. People would be empowered more and money would be less in the hands of a few very wealthy bankers who are currently enabled to buy politicians.butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-11147852973251911472009-07-19T09:46:07.792-06:002009-07-19T09:46:07.792-06:00This comment has been removed by the author.butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-17401180680627177782009-07-19T09:30:03.530-06:002009-07-19T09:30:03.530-06:00Perhaps I should have said
A mortgage loan which ...Perhaps I should have said <br />A mortgage loan which takes 30 years to pay off in the end pays off the equivalent of one house for the price of three.butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-68135992165222656932009-07-19T09:23:19.676-06:002009-07-19T09:23:19.676-06:00Orlando, it would seem on the level of issues of m...Orlando, it would seem on the level of issues of money and banks that you are correct. It would seem that the banks have the country in their back pocket.<br /><br />It seems a no brainer to me that when an economy fails on the scale that it has that certain adjustments need to me made, other than giving money to the ones who helped to pilfer and decimate the economy.<br /><br />The pain that people are experiencing from this economic mess needs to be addressed. The idea that banks should be able to continue to charge so much interest for a loan for a mortgage and tack on so many fees that are exorbitant needs to be addressed. I am specifically talking about home mortgages and credit card companies.<br /><br />The problem of debt is tied with the policies of banks and their lending practices. A mortgage loan which takes 30 years to pay off in the end pays off the equivalent of three houses for the price of one. To reduce debt for the consumer and free the home buyer a bank could still make a significant profit by reducing the total amount paid by one-third. That money in turn would be in the hands of the "people" who bought their home and they would have the money they need to purchase necessities and increase their standard of living and be investors as well.butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-31610124251200398772009-07-18T23:49:49.659-06:002009-07-18T23:49:49.659-06:00Congress is bought and paid for.
Open discussion, ...Congress is bought and paid for.<br />Open discussion, debate?? Ha!<br />This story is just another example of who really owns this country - hint: not the people.Captain Picardhttps://www.blogger.com/profile/07675995256310168056noreply@blogger.comtag:blogger.com,1999:blog-8383701632927065467.post-79059588588771455602009-07-18T11:08:51.651-06:002009-07-18T11:08:51.651-06:00" Only in American politics would hate crimes..." Only in American politics would hate crimes legislation be tacked on to a defense spending bill."<br /><br />To be totally honest, it is totally confusing.....<br /><br />WHY? I can only ask why do they do this?<br /><br />Why can't they simplify matters and vote on one issue at a time? It seems a game all the time between different "interest" groups. <br /><br />It seems that no one is the wiser by not having open discussions about issues and tacking unrelated matters onto other matters is a dumb way to do things.butterflyhttps://www.blogger.com/profile/09684946870144030594noreply@blogger.com