[A4papertoosmall]

I have repaid the capital and a sufficient amount of interest for the transaction to have been profitable for you.

I will now stop paying.

DIscuss:

[EpsilonVaz]

It was nice doing business with you.

[A4papertoosmall]

Originally Posted by EpsilonVaz

It was nice doing business with you.

Okay in that case no one has a right to complain.
Anarcho capitalism rules okay.
Caveat emptor.

[PrestonAl]

why did you feel the need to put discuss at the end of your argument? is it because you didn't define the thread post well enough?

[A4papertoosmall]

Originally Posted by PrestonAl

why did you feel the need to put discuss at the end of your argument? is it because you didn't define the thread post well enough?

I thought it was self-explanatory

[A4papertoosmall]

I'll explain tomorrow.

[A4papertoosmall]

Okay I promised I'd explain:

The current calamity many find themselves in is allegedly as a result of overborrowing and defaulting. Some however, indeed most reliable users of credit have paid the penalty of having to pay exorbitant interest rates or have credit lines withdrawn.

This I apply to individuals, as is my personal experience, but also to businesses, public sector bodies and sovereign states.

Okay we may have all got heady with the euphoria of easy credit, but let's stop moaning about it and empower ourselves.

If you have repaid the capital and a little bit of interest, in theory this should have made the transaction profitable for the counter party.

Somewhere and somehow, though I could explain it here, taxpayers governments and others are being compelled to suffer because the "banks need to be bailed out to avoid systemic failure of the financial system".

I am sorry. I do not accept this.
Given the corrupt can't say criminal because now unlike in the seventies the operators of and movers within the financial system avoid criminal prosecution.
Indeed the SFO knew of the libor manipulation but said they didn't have enough money to fight a successful case for criminal prosecutions, before the public outcry.

So Bob Diamond has gone and forgone £20m.
He was brought in to sort out Barclays problems post 2008, wasn't he but he was ultimately responsible for more bad/criminal activity at Barclays leading to a substantial fall in shareholder value and an exodus of money from accounts was held at the bank.

I say it is time, for those with a genuine interest in seeing change in our corrupt financial system but instead of being dictated to, dictating to it instead.

Hence, no more cheap money for the banks, if they fall like Lehmans let them.
Have you repaid the capital element of your debt? Well it's time to stop stuffing their balance sheets with your money with interest payments, when you are suffering because at the same time these banks are being stuffed full with exceptionally cheap money from central banks, governments, ECB, IMF, IOU etc.


I hope this may go someway to explaining the thread opening statement.
I just hoped by saying discuss, someone would have picked up on this,

[A4papertoosmall]

And this justifies everything I say.

http://www.talktalk.co.uk/news/uk/ar...lth-gap/54145/

[MidnightFalcon]

Originally Posted by A4papertoosmall

I have repaid the capital and a sufficient amount of interest for the transaction to have been profitable for you.

I will now stop paying.

DIscuss:

Ok.

Good luck getting a loan the next time you want a new toy.

Goodbye.

[paulschapman]

Originally Posted by A4papertoosmall

Okay I promised I'd explain:

The current calamity many find themselves in is allegedly as a result of overborrowing and defaulting. Some however, indeed most reliable users of credit have paid the penalty of having to pay exorbitant interest rates or have credit lines withdrawn.

This I apply to individuals, as is my personal experience, but also to businesses, public sector bodies and sovereign states.

Okay we may have all got heady with the euphoria of easy credit, but let's stop moaning about it and empower ourselves.

If you have repaid the capital and a little bit of interest, in theory this should have made the transaction profitable for the counter party.

Somewhere and somehow, though I could explain it here, taxpayers governments and others are being compelled to suffer because the "banks need to be bailed out to avoid systemic failure of the financial system".

I am sorry. I do not accept this.
Given the corrupt can't say criminal because now unlike in the seventies the operators of and movers within the financial system avoid criminal prosecution.
Indeed the SFO knew of the libor manipulation but said they didn't have enough money to fight a successful case for criminal prosecutions, before the public outcry.

So Bob Diamond has gone and forgone £20m.
He was brought in to sort out Barclays problems post 2008, wasn't he but he was ultimately responsible for more bad/criminal activity at Barclays leading to a substantial fall in shareholder value and an exodus of money from accounts was held at the bank.

I say it is time, for those with a genuine interest in seeing change in our corrupt financial system but instead of being dictated to, dictating to it instead.

Hence, no more cheap money for the banks, if they fall like Lehmans let them.
Have you repaid the capital element of your debt? Well it's time to stop stuffing their balance sheets with your money with interest payments, when you are suffering because at the same time these banks are being stuffed full with exceptionally cheap money from central banks, governments, ECB, IMF, IOU etc.


I hope this may go someway to explaining the thread opening statement.
I just hoped by saying discuss, someone would have picked up on this,

You signed for the loan when it started and no you don't like it you want to back-out? I'd have more sympathy if you acted like David Fishwick who at least tried to do something about it - you would deserve some sympathy - but what you are suggesting - I would suggest you deserve little.

[nanscombe]

Originally Posted by A4papertoosmall

And this justifies everything I say.

http://www.talktalk.co.uk/news/uk/ar...lth-gap/54145/

And why are some people are so poor?

Because they have to hand over most of their money to companies, like Utility providers and supermarkets, and private landlords (if renting).