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  1. Sell debt as the solution to everything. Can't afford it now? Get a loan. A little short this month but you're good next? Credit cards.
  2. Invest in the companies who provide credit (debt).
  3. Promote rampant consumerism
  4. Push debt forgiveness for the debt they sold as the solution to everything.
  5. Sell, sell, sell before the credit companies crash.

My dad was an abusive POS but one thing he had right all those years ago:

there are more and more people with their hands out looking for free **** thinking that the world owes them something. And they'll take everything from you and destroy anything they can if it means they'll get something for free.

If my dad were still alive, he'd keel over seeing all of these entitled morons screaming for "free housing, free school, free medical, free everything and make the rich man pay for it!"

Thank you for coming to my Ted Rant.

1. Sell debt as the solution to everything. Can't afford it now? Get a loan. A little short this month but you're good next? Credit cards. 2. Invest in the companies who provide credit (debt). 3. Promote rampant consumerism 4. Push debt forgiveness for the debt they sold as the solution to everything. 5. Sell, sell, sell before the credit companies crash. My dad was an abusive POS but one thing he had right all those years ago: >there are more and more people with their hands out looking for free **** thinking that the world owes them something. And they'll take everything from you and destroy anything they can if it means they'll get something for free. If my dad were still alive, he'd keel over seeing all of these entitled morons screaming for "free housing, free school, free medical, free everything and make the rich man pay for it!" Thank you for coming to my Ted Rant.

4 comments

[–] leaderofnopack 3 points (+3|-0)

I once had credit cards, great credit. I always paid cash for cars, major appliance well anything. My dad said buy what you need not what you want. In 2008 we had that crash and soon I started getting letters telling my my borrowing amount was being lowered because of the Financial crisis of 2007–2008. My credit score fell like a brick so I went on a credit card spending spree and maxed out everything even my pay pal CC. Collection agency's tried to collect with no luck, I worked hard to earn that 700 + credit score only to have it taking away.

Last year I bought a new 2019 toyota camry and got $6000 knocked off by paying cash, buy what you need not what you want.

[–] Sissypuff 0 points (+0|-0)

"bought a new 2019 toyota camry and got $6000 knocked off by paying cash" if this did happen then it is an exception. I think it's much more likely because the car was a '19 and they wanted to make room for new stock.

You will generally be able to negotiate a better deal when you finance because the finance companies pay the dealers to sell financing. This is why most vehicle loan contracts today specify that the loan can't be paid off too early. Because people had figured this out and would get the loan only so they could negotiate a better selling price but they would then immediately pay the loan off, depriving the finance company of all of the profit in the interest charges.

[–] leaderofnopack -1 points (+0|-1)

And that's one reason I buy last years model, I got a 2019 in 2020. The dealer wants to clear his innovatory to make room for new cars.