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spriteMember
Explain how walking away from a mortgage makes one a deadbeat. Who has suffered a loss or damage when a private contract is terminated in this LEGAL way? The “borrower” loses the house because it is a secured “loan”.
There are only two types of victims in these kinds of mortgages; those who wisely terminate their victimization and those who continue to suffer from it. There may be legitimate reasons for staying in such a mortgage, but morality is not one of them.
Those of you who see this as irresponsible or immoral are simply ignorant as to how the monetary system works and how contract law works. You need to think this through.spriteMemberIt sounds to me like you may be directing some anger and frustration in the wrong direction.
Things have already been screwed up for us. The damage done to the economy by the little guy walking away from a mortgage is practically nothing compared to the damage done and being done by the banksters. The little guy who walks away from a mortgage is merely responding logically, legally and morally to a fraudulent loan contract with a greedy bank.
The banksters knew exactly what they were doing. The little guy did not. Do you know of any case where someone took out a mortgage before 2008 with knowledge that the market was going to crash so that he could later default? More to the point, is your main motivation in staying in a disadvantageous mortgage being done as a personal sacrifice to help the economy?
If you truly understood how this game has been set up and to what end it is being played, you would change your opinion about the tactic known as strategic mortgage default AND you might not be so eager to gift any more of your hard earned money to the very banks that have brought the world to its knees.
http://money.blogs.time.com/2010/01/11/strategic-mortgage-default-the-irresponsible-amoral-but-best-strategy/spriteMember[quote=”*Lotus”] Sure if we get the catastrophic melt down you expect who cares? But I don’t agree with that scenario (completely) and as you know everything is based on your credit rating in this country. [/quote]
Lotus, I am curious as to how you see the world economy playing out over the next several years and why. Obviously you see a less dramatic resolution. My conclusions are only guesses and repeated conclusions of others based on what I read. While my source data may be accurate, the conclusions based on that data may be wrong. But I can list the reasons why I and others strongly suspect a horrific, systemic failure in a near future. What is the main thing you see as saving us from that dire end?
spriteMemberVery cool, Scott!
spriteMemberMy position on this matter is one of a person who considers it a moral responsibility to resist these financial terrorists. But each of us have to decide what is best for us.
If you commit to not using credit as a way of combating these scumbag blood suckers, then, as a practical matter, it does not matter what your credit score is. You will have joined the resistance and while there are consequences for taking a stand, not taking a stand also has consequences.
Remember, the money currently in use is a fiat currency. It is conjured out of thin air and is a tool to rob you and me and everyone else of our labor and property. Participation in this ponzi scheme is nearly unavoidable unless you can go completely off the grid. That is a hard way to go. But at the very least we can avoid complete immersion in this scheme by avoiding using credit….and take the banks for whatever we can.
spriteMemberIf you already have a credit card balance, why bother paying it off to banks? The money used to pay your credit card charges was pulled out of thin air by the banks anyway. They never had it in their possession until your signature gave them permission to conjure it up.
If you decide to stiff the banks, you will have no more credit to worry about anyway. Pay cash for everything or use a debit card… and forgo credit. The way I see it, you may as well grab some of your hard earned money back from the banks who are running this big ponzi scheme. Anyone who feels a moral obligation to pay back a bank simply does not yet understand what has been, and still is, happening.
Keep a checking account, if you like, to cover any monthly contractual obligations. But buy a good safe and bolt it to your floor and keep enough cash and silver there for daily and weekly expenses and to get you through a run on banks. Hyperinflation is going to happen.
spriteMemberI don’t read the corporate media. They have an agenda and can’t be trusted. Things are bad here. Sometimes I think the only people who know this are the ones who have been laid off and or lost their homes. For the rest, they are asleep while the banksters and government rob them blind
spriteMemberI reconsidered what I wrote above. Everything has to be put into context. Costa Rica is not on another planet. The winds blowing radiation from Japan to north western Canada and United States may not reach far enough to the south to effect Costa Rica. But there are many other destructive “wind”s blowing around which will and which have reached Costa Rica to some degree. I don’t believe Costa Rica can insulate itself from the economic melt down, world wide environmental degradation and an exploding population. Sooner than later, I expect there will have to be some pretty discouraging changes happening to my favorite place on earth.
spriteMemberUnless the Americans or Chinese come into CR and manage to convince (bribe) a politician, I can’t imagine the Costa Ricans ever saying yes to nuclear power. But I never underestimate the power of greed to overcome good sense and social conscious.
spriteMemberI speak Spanish more frequently than I speak English here in Miami. All of the people with whom I socialize and many with whom I carry on business have Spanish as their first, and in many cases, their only language.
It has been a major part of my life for over 35 years and it has literally doubled my life experience by permitting me to enter into and interact within another culture, another world. I suppose there has been nothing of more value to me than acquiring Spanish.
And it is a mystery to me how people even consider moving to an unknown country without speaking the language first, or at least soon after arriving. They obviously have a much more adventurous spirit than I do. I suspect the reason many expats return to their native country after afew years is because of their inability to integrate sufficiently into the new culture and I am certain that lack of language is the prime cause of that.
spriteMemberI agree 100% with you, Maravilla. This is why I am curious as to how North Americans fare who do not speak Spanish in Costa Rica.I assume they are cloistered amongst themselves either in gated communities or they join clubs with other English speakers. I wonder how much of the new Tico culture one can absorb if one cannot participate in that culture fully. And you must speak the language to do that.
I suppose it is possible to enjoy life in Costa Rica without speaking Spanish. I guess that would be another definition of a “perpetual tourist.” I am just very curious as to how that is done. I would never even have considered moving there without speaking Spanish.
spriteMemberI have seen it among many others presenting similar views. Rupperts main thing is peak oil and US government drug smuggling but this all tied in with our tyrannical monetary system. It is a wide subject and people Approach it from different starting points. Peak oil, Jewish domination of world finances, patriotism, religious end times predicitions etc.
spriteMemberObama, Bush, Clinton…they are all puppets. It doesn’t seem to matter who the Owners put up as candidates, they all follow the same plan. Bush had the oil companies in his cabinet with him (Exxon), Obama has the banks (Goldman & Sachs). You and I are not represented and you and I would be wasting our time voting. We are the victims. We are the slaves. If you doubt this, ask yourself why you can’t move your money without permission and why, in some case, you can’t move it at all.
I think I’ll stick with my descriptions of the Banksters. After all, they are the people who, for three hundred years, have been working at controlling nations and eventually the world through control and creation of fiat currencies. They create economic booms and busts and false flag wars all to that end. In fact, I’ll amp it up a bit and go ahead and call them financial terrorists and mass murderers. I doubt they are exclusively American or European. I doubt they are exclusively of any race or religion. I don’t know of any reliable data base wherein their names are found, although quite a few are known by association and deduction.
I guess I am not writing these things for empathy or agreement. I really don’t expect anyone to change a lifetime of beliefs from reading any one opinion. But you should consider, even if briefly, that I, and many others, may be correct in this matter and you should take a little time and look into it. By the way, (if you are a US citizen) do you maintain a U.S. address if you have a U.S. bank account, as required by U.S. law? Or, do you have no U.S. address and keep all of your assets in Costa Rica or elsewhere outside the U.S.?
I don’t expect you to answer. These types of questions are dangerous for many people to answer. And why this is so is something you should think about.
spriteMemberThe renouncing of US citizenship was only one aspect of the article and not the one which impressed me. It is the growing control the government is getting over citizens in every area and the increasing number of Americans who are moving away from the States. Of course, not all of them are leaving for that reason. But there has been a jump in the numbers lately as trillions of dollars are conjured into existence by the banksters and commodity prices rise. Riots in the middle east and Europe in reaction to higher food costs and the general economic squeeze by these banking crooks and the governments they bought are making the world look more scary each day. Isn’t it probable that more Americans are looking for ways to escape an enslaving and crashing system?
spriteMemberAren’t you curious as to why the US military has to have these “exercises” in Costa Rica, or anywhere else outside the US? It is more economical to do this sort of thing back home or at a near base.
I have a theory as to why these things are done outside the States. But I suppose you accept whatever reason is given officially and any other reason must be coming from people who fashion tin foil caps.From an article by the Fellowship of Reconciliation”
US Military increases Construction in Region. The Army Corps on Engineers Mobile District’s plans indicate that US military construction in Central and South America has more than doubled this year compared to 2009. This includes a SouthCom Counter-Narco-terrorism account that is funding construction in summer 2011 of facilities in Guatemala, Nicaragua, Panama, Ecuador and Belize, as well as a $10 million upgrade in Soto Cano, Honduras. [see our interactive map for details]
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