Comments on: Is America Going Broke? http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/ Learn, Network, Invest Sat, 11 Feb 2012 01:23:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Charleshttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-87840 Charles Mon, 25 Oct 2010 17:03:30 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-87840 Guys, just yesterday i commented on a thread and looked back and realized how off based i was discouraging to the ones that are following me in this business.First you can not solve the problem dealing with it on the same level it was conceived .This atmosphere of hostility has and will resolve itself with the efforts of us all working and listening to and working with each other. Remember for the people and by the people.I have lived through some very bad times and i have traveled all over the world. You can be assured, America is the greatest country on earth and will continue to be for sometime to come.It is my hope that i lite a fire under you all as you have me.Lets get back to doing what we do best.As kick ass businessmen and women making it a WIN?WIN................Enjoy the day guys....... Guys, just yesterday i commented on a thread and looked back and realized how off based i was
discouraging to the ones that are following me in this business.First you can not solve the problem dealing with it on the same level it was conceived .This atmosphere of hostility has and
will resolve itself with the efforts of us all working and listening to and working with each other.
Remember for the people and by the people.I have lived through some very bad times and i
have traveled all over the world. You can be assured, America is the greatest country on earth
and will continue to be for sometime to come.It is my hope that i lite a fire under you all as you
have me.Lets get back to doing what we do best.As kick ass businessmen and women making it a
WIN?WIN…………….Enjoy the day guys…….

]]> By: charles smithhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-80309 charles smith Sat, 20 Mar 2010 05:38:11 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-80309 Find the "Money Mechanics" video on the net and learn the truth about how the American money system works and the fraud that all of you are going through!!! Your money does not exist and its fraud and money laundry/forgery!!! For those in Canada the "Oh! Canada Movie" is very similar as both systems are debt based and they on go in a downward direction. If one watches the movies and does the research you'll find all the information on the net for yourselves and court cases and court files of people who are filing class action suits or have won/lost and how to sue the banks/ gov't/ IRS for fraud!Even the IRS has no law saying you have to pay but they insist though! They have broken laws and violated the constitution. In Canada for example you do not require a license to practice law or even joining the bar association which is a "club". The primary requirement is passing the university courses which qualify you not going the club!!! If they don't join then there persecuted for it. Under ultra vires, contract laws and promissory notes and failure to disclose the method of money supplied it's void contract "people" and you can withhold payment during the dispute!!! If you hire a real lawyer they will defend you and show you how to do it cheaply to represent/educated yourself or get aid and how to fill out the right forms. Even advise you without putting there career in jeopardy!! For fear of the "bar association"!!!! If your going broke what do you have to lose! Sign your name on petition's and through numbers we can put it back the way our forefathers had it because they new this would happen!!! Under the law if you claim bankruptcy you and "idiot"/mentally incapable and like slaves its a seven year's before your FREE...........You don't have to be a lawyer to win just well versed in the law!!(LAWYERS/JUDGES)THE STUPIDITY IS THAT UNLESS YOUR THE 'ELITE' ALL YOU SAVINGS AND MONEY WILL DISAPPEAR WITH THE BANKS GOING BROKE!! SO UNLESS YOUR A BILLIONAIRE OR HIGHER YOU CAN SERVE THEM BUT IN THE END YOU'LL GO BROKE AS WELL BECAUSE YOUR NOT HIGH ENOUGH ON THE FOOD CHAIN!!! THINK ABOUT IT!!! "SLAVES IN THE TOMB WHEN ITS SEALED OFF!!!" DUH!-the 1930's are an example of this.................. you may want gold or silver coins/jewels in a can in the back yard!!!!Don't believe me then do the research yourself and see!!!!!!!!!!!!!!!!!!!! Find the “Money Mechanics” video on the net and learn the truth about how the American money system works and the fraud that all of you are going through!!! Your money does not exist and its fraud and money laundry/forgery!!! For those in Canada the “Oh! Canada Movie” is very similar as both systems are debt based and they on go in a downward direction. If one watches the movies and does the research you’ll find all the information on the net for yourselves and court cases and court files of people who are filing class action suits or have won/lost and how to sue the banks/ gov’t/ IRS for fraud!Even the IRS has no law saying you have to pay but they insist though! They have broken laws and violated the constitution. In Canada for example you do not require a license to practice law or even joining the bar association which is a “club”. The primary requirement is passing the university courses which qualify you not going the club!!! If they don’t join then there persecuted for it. Under ultra vires, contract laws and promissory notes and failure to disclose the method of money supplied it’s void contract “people” and you can withhold payment during the dispute!!! If you hire a real lawyer they will defend you and show you how to do it cheaply to represent/educated yourself or get aid and how to fill out the right forms. Even advise you without putting there career in jeopardy!! For fear of the “bar association”!!!! If your going broke what do you have to lose! Sign your name on petition’s and through numbers we can put it back the way our forefathers had it because they new this would happen!!! Under the law if you claim bankruptcy you and “idiot”/mentally incapable and like slaves its a seven year’s before your FREE………..You don’t have to be a lawyer to win just well versed in the law!!

(LAWYERS/JUDGES)THE STUPIDITY IS THAT UNLESS YOUR THE ‘ELITE’ ALL YOU SAVINGS AND MONEY WILL DISAPPEAR WITH THE BANKS GOING BROKE!! SO UNLESS YOUR A BILLIONAIRE OR HIGHER YOU CAN SERVE THEM BUT IN THE END YOU’LL GO BROKE AS WELL BECAUSE YOUR NOT HIGH ENOUGH ON THE FOOD CHAIN!!! THINK ABOUT IT!!! “SLAVES IN THE TOMB WHEN ITS SEALED OFF!!!” DUH!

-the 1930′s are an example of this……………… you may want gold or silver coins/jewels in a can in the back yard!!!!

Don’t believe me then do the research yourself and see!!!!!!!!!!!!!!!!!!!!

]]> By: Michael Creelhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-61421 Michael Creel Tue, 18 Nov 2008 04:04:09 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-61421 I don't believe the country will sink, not by a long shot. I certainly wouldn't feel it was a "ha ha" situation if it did.If the US sank, others countries would soon follow; as many are already struggling to survive this meltdown.America is not an island that can sink into the sea as the fabled Atlantis. I think we merely got a little to confident, much to careless, and trusted to many educated people in high postitions to take care of business.I'm quite sure during the Great Depression some felt we would never bounce back, and that wasn't exactly accurate. So we're not quite like the Titanic, as its yet to rise. I don’t believe the country will sink, not by a long shot. I certainly wouldn’t feel it was a “ha ha” situation if it did.

If the US sank, others countries would soon follow; as many are already struggling to survive this meltdown.

America is not an island that can sink into the sea as the fabled Atlantis. I think we merely got a little to confident, much to careless, and trusted to many educated people in high postitions to take care of business.

I’m quite sure during the Great Depression some felt we would never bounce back, and that wasn’t exactly accurate. So we’re not quite like the Titanic, as its yet to rise.

]]> By: johnhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-61407 john Mon, 17 Nov 2008 20:22:33 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-61407 just like the roman and babylonian empires disappeared. so is this country. UNSINKABLE. yeah right. so wheres the titanic now? underwater. haha. to give opportunities to others to become huge and great nations. just like the roman and babylonian empires disappeared. so is this country. UNSINKABLE. yeah right. so wheres the titanic now? underwater. haha. to give opportunities to others to become huge and great nations.

]]> By: Jennifer Shamoohttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-59972 Jennifer Shamoo Sat, 13 Sep 2008 18:13:30 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-59972 We are a defiantly in some trouble times. The Real Estate Market is in serious turmoil. However, if you don't currently own anything, this would be the time to purchase. This is truly a buyer’s market with Interest Rates at a low and housing prices falling. BUY! BUY! BUY! this is what I tell all of my clients.by the way great article, very good information. We are a defiantly in some trouble times. The Real Estate Market is in serious turmoil. However, if you don’t currently own anything, this would be the time to purchase. This is truly a buyer’s market with Interest Rates at a low and housing prices falling. BUY! BUY! BUY! this is what I tell all of my clients.

by the way great article, very good information.

]]> By: Michael Creelhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55769 Michael Creel Fri, 04 Apr 2008 22:49:44 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55769 Its going to take more than a new President and 4 years to fix this situation, but it's a start. Its going to take more than a new President and 4 years to fix this situation, but it’s a start.

]]> By: Friday Feed Baghttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55768 Friday Feed Bag Fri, 04 Apr 2008 22:33:38 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55768 [...] I’ve been mildly whining about the National Debt for a few months now. Suddenly I’m seeing this issue all over the news lately like it’s some kind of new discovery no one has stopped to consider. Seriously, we’ve gone from 5 to 9 Trillion in the hole since Bush took office. To think Republicans bitch about tax and spend Democrats. LMAO. Anyway, Bigger (but empty) Pockets ponders Is the United States going broke? [...] [...] I’ve been mildly whining about the National Debt for a few months now. Suddenly I’m seeing this issue all over the news lately like it’s some kind of new discovery no one has stopped to consider. Seriously, we’ve gone from 5 to 9 Trillion in the hole since Bush took office. To think Republicans bitch about tax and spend Democrats. LMAO. Anyway, Bigger (but empty) Pockets ponders Is the United States going broke? [...]

]]> By: Jackhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55659 Jack Mon, 31 Mar 2008 09:18:26 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55659 i think many people have the attitude 'if you don't think about it, it will go away'there is no doubt that the country is facing some tough challenges ahead. i think this election year will decide many thing for this country's future.imo, this current administration has put their own interest ahead of the country's. We need a president that will focus it's attention back on the domestic issues haunting this great nation and stop making enemies from foreign countries. i think many people have the attitude ‘if you don’t think about it, it will go away’

there is no doubt that the country is facing some tough challenges ahead. i think this election year will decide many thing for this country’s future.

imo, this current administration has put their own interest ahead of the country’s. We need a president that will focus it’s attention back on the domestic issues haunting this great nation and stop making enemies from foreign countries.

]]> By: Eric Conradhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55622 Eric Conrad Fri, 28 Mar 2008 22:14:35 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55622 The nice thing about debt is that it's worth less the longer you wait to repay it. Here's an example.In the 1970s, you could buy a house in Laguna Beach for $70,000. That was an expesive price back then. Today it would be worth over $1 million, easy. If you never refinanced, you'd still be paying on the $70,000 mortgage, if it's not already paid off. It's no longer a massive amount of cash. Inflation took care of it for you.So it is with the national debt. The nice thing about debt is that it’s worth less the longer you wait to repay it. Here’s an example.

In the 1970s, you could buy a house in Laguna Beach for $70,000. That was an expesive price back then. Today it would be worth over $1 million, easy. If you never refinanced, you’d still be paying on the $70,000 mortgage, if it’s not already paid off. It’s no longer a massive amount of cash. Inflation took care of it for you.

So it is with the national debt.

]]> By: Joshua Dorkinhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55601 Joshua Dorkin Thu, 27 Mar 2008 19:34:15 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55601 lol. There is one thing to have pride in one's country. It is another thing altogether to be fooled into believing everything you hear from your President. The US is not ok, and is not in a state of good economic health.The subprime mess is just a tiny piece of the overall picture. Don't forget about the declining dollar, inflation, mounting foreign ownership of US debt, Social Security & Medicare funding crisis, etc.This mess isn't going to be repaired for a long time! lol. There is one thing to have pride in one’s country. It is another thing altogether to be fooled into believing everything you hear from your President. The US is not ok, and is not in a state of good economic health.

The subprime mess is just a tiny piece of the overall picture. Don’t forget about the declining dollar, inflation, mounting foreign ownership of US debt, Social Security & Medicare funding crisis, etc.

This mess isn’t going to be repaired for a long time!

]]> By: Michael Creelhttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55598 Michael Creel Thu, 27 Mar 2008 17:49:25 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55598 Yes, your correct. We are as the Titanic claimed, UNSINKABLE. Yes, your correct. We are as the Titanic claimed, UNSINKABLE.

]]> By: Cash Advancehttp://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55597 Cash Advance Thu, 27 Mar 2008 17:42:37 +0000 http://www.biggerpockets.com/renewsblog/2008/03/26/is-america-going-broke/#comment-55597 America is one of the greatest nations on the planet! There's no way we'll go broke. It's just a matter of time before we pull out of this sub-prime mess and get ourselves back on track. America, the beautiful. America is one of the greatest nations on the planet! There’s no way we’ll go broke. It’s just a matter of time before we pull out of this sub-prime mess and get ourselves back on track. America, the beautiful.

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