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01/23/2012

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Furkan

The National Debt is money the government owes for exandping itself beyond its financial means. Since our national debt is almost one quarter of our entire budget the interest we are paying is 1.1 billion each year. We are paying nothing on the principle. It will not be long before the America Fiat dollar collapses as all paper money systems have. Our dollar is worth 4 cents now. These federal reserve notes are supposed to represent actual gold or silver to be paid to us the people on demand as the constitution states. If you went to the federal reserve bank and asked you would be rejected but if they honored their commitment to the note you would get 40 dollars for a thousand dollar bill. Thats the return to us for the federal reserve printing money out of thin air with no backing. They do not have the gold to back their paper money. Which is illegal and immoral. A good place to start to digest this information would be freedom to fascism. See link

Darunee

Credit repair aengcies can help, but it does go on your credit record. If you have gotten too far in debt, you may not be able to pay the payments the repair agency set up for you. Bankruptcy can cost 1000.00 or more dollars, and it stays on your record for 10 years not 7, and it also costs alot afterwards, because you are high risk after the bk, so your pay alot most in intrest. I had to claim bk 4 years ago, and it was a difficult decision, not to be taken lightly. Alot changed, but I have taken great pains to improve my credit since. Talk to your lawyer and see what options you have. Try to avoid bankruptcy if you can.

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