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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
| Posts: | 6399 |
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The producers of wealth, power, economic power, are the most powerful economic group and they happen to be the less powerful political group, due to a curious human characteristic; whereby honest people make the best cooperative producers of wealth, and dishonest people make the best criminals/politicians.
Not all politicians are dishonest; exceptions to the rule include:
Ron Paul
Dennis Kucinich
Mike Gravel
Everyone is capable of dishonesty, the point is that some people employ dishonesty in the crime business, and that includes legalized crime, such as a Money Monopoly Power used to transfer all the wealth from the producers of wealth to the legalized crime bosses.
And, again, if you the reader think these words are inaccurate, false, or misleading, which group are you in?
A. More powerful political group
B. Less powerful political group
Are you on the receiving end or the "giving" end of the National Debt?
Net balance accounting, please, not the second set of books - please.
Back to the simple fix and the two products that could be on the financial shelf at every franchise store where they sell monetary products.
Think in terms of Wallmart if you don't understand what a franchise is, and then think in terms of any Bank being a franchise too.
Banks sell money.
The simple fix is two new money products, for the consumers of money products.
You have to shed a lot of brainwashing to be in a position to conceive of, let alone implement, the simple fix.
Product 1 is the no interest mortgage loan offered to anyone with a good FICO score, anyone who has earned a good credit rating, anyone who prefers to get a higher quality product, at a lower cost, and Product 1 can thereby compete against every other mortgage on the planet Earth.
You have a good credit score, you earned a good credit score, you have an income, and now you want a home and a business building, what are your choices now?
Product 1 offers a choice whereby no money, no credit, no wealth, no power to purchase will transfer from the borrower to the lender: no interest, none whatsoever.
How many wage earners, workers, people who produce wealth will turn in their old mortgages, even move out of their old homes, and get a new mortgage, one that does not transfer any power from them to anyone else, once this product hits the shelves at the local money franchise?
You could even open up your own Money Franchise business on Main Street with your Product 1 loan - and pay no interest.
Now, the people reading this may have stopped reading this, and so be it, I've heard the accusations of accuracy, falsehood, stupidity, on this type of thinking, and what comes next addresses some of those accusations - for those who read on - soldier on.
In business there is a concept that can be expressed as: Give away the razor to sell razor blades.
Product 1 is the give away, and product 2 is the way that the lender makes money to cover all costs including the cost of living for all the workers in the lending business.
Product 2 charges 1 or 2 percent interest and here is where some numbers help illuminate 2 things.
1 thing that numbers help illuminate is the power that is, and the number 2 thing illuminated is the power that was: transferred from the producers of power to those who managed to get it.
Where did all the power to produce, in America, go?
Think about that, some.
Suppose, now, that an easy number of people in America buy Product 1 and that easy number is 1 Hundred Million People.
Like this:
100,000,000
That is a lot of loans to process by all the people who will be processing these new loans.
30 years later, at an average of 10% interest, how much money transfers from those 100 million people, to the people who have the money loaning franchise?
Are you the least bit curious?
How about an easy way to compute this, without too much effort?
http://www.mlcalc.com/#loan-100000-30-10-12-2010-year
Suppose that the average home price was 1 Hundred thousand dollars.
Roughly: the cost of the home plus two more homes are sent from the buyer of the home to the people running the legal money monopoly business.
Exactly:
100,000 borrowed
10 percent interest
30 years
315,925.77 paid by the borrower to the lender
Now times that by 1 hundred million
I don''t have enough room in by brain to accurately know the full impact of that number.
To be fair, if possible in these types of political games, use the number 200,000 dollars to represent the money sent to the lenders from the buyers that is above the actual cost of the home.
So: 200,000 times 100,000,000
200,000 dollars (units of legal money) per home
100,000,000 people buying homes with loans
These are only zeros, so the math is very easy, just add the zeros:
20,000,000,000,000
Have you ever seen such a number?
That is the number that represents the wealth that has transferred from the people who earn an honest living and the same wealth that has transferred to those who squeeze every last dime from that scam - not the workers behind the desks at the local offices.
It does not cost double the price of a home to process a loan - know that much.
I'll post and then return to elaborate more on Product 2, where the people selling product 1 and product 2 earn their living - honestly.