Let’s have “OFF-THE-BOOKS” Accounting for ALL Americans - ENRON STYLE like the Wall Street Banks get:
By Daniel at 15 June, 2009, 11:35 am
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1. Have a car payment - don”t worry put it “OFF-THE-BOOKS” to hide it when you go to the Bank for a loan.
2. Have a Second Mortgage - put it “OFF-THE-BOOKS” to hide it when you go to the Bank.
3. Have some Credit Card Debt - Simple, put it “OFF-THE-BOOKS” to hide it when you go to the Bank.
4. Have some student loans - don”t worry put them “OFF-THE-BOOKS”
Also, like Banks can do lets allow All Americans to ignore “MARK-TO-MARKET!”
Your house is worth $125,000 but you paid $250,000 don”t worry with “Mark-To-Market” Neutered you can say whatever you want to about your home value and no one can refute you!
Now when you go in for a loan, simply declare the house is worth $300,000 and along with your clean “ON-THE-BOOKS Balance Sheet” with no visible other debts means you get money from the FED at 1% interest or maybe less!
Why can”t this world be true for ALL AMERICANS like it is for Wall Street?
We do not own Congress and they DO using ill-gotten FUNDS!
Are the Wall Street Banks really healthy? With “OFF-THE-BOOKS” accounting and “MARK-TO-MARKET” Neutered who knows what the truth is!
Zombie or Otherwise?
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