Credit card rebellion in April

[WarrenRaftshol]

Hi Christine,

My friend Jackie is organizing a nationwide (worldwide?) credit card rebellion in April.

Please help her website go viral: http://bringthemtotheirknees.vpweb.com

Thanks,
Warren

[Christine]

Warren, first of all, I forgot to disable this forum when I started Trado.info and I didn't even get a notification of the post. Just saw it now as I'm updating my Zeitgeist post.

So, everybody please visit http://trado.info/

And if you really are Jackie Freeman's friend, have her pull this site NOW. She might literally get people KILLED.

She looks like Palin and has her brains.

Not only will she destroy lives when the fools who follow her advice have their credit destroyed if they become over 30 days late, but the entire concept is as idiotic as the emails calling to not buy gasoline on a certain day. Like the oil companies give a damn whether you buy your gasoline on Wednesday or on Thursday ...

BUT, there's more.

This woman is so incredibly stupid, she doesn't know that banks make MOST of their profits on FEES?

*** LATE fees and OVER LIMIT fees are usually between $30 and $50!

*** AND, people who would pay no interest at all because they would pay off their balance in full will of course incur interest.

*** AND, the interest rate can be the DEFAULT rate (because the account is in default when you don't pay on time) and the DEFAULT rates are often OVER 30%.

So instead of hurting the banks, she is creating massive windfall profits for the banks!

Truly Palinesqe!

Ok, by now I'm thinking that this has to be a joke. I hope the joke's on me.

As my long time readers know, I've been calling for (near) JUDGMENT-PROOF people to stop paying their unsecured debts for over a year.

My open letter to WaMu:

Open Letter to WaMu: My refusal to pay my $8,000 WaMu (Providian) VISA card due to the 26% interest rate

I probably inspired thousands to stop paying their unsecured debts and I wish that every one of the MILLIONS of (near) judgment-proof (or very gutsy) Americans stopped paying their credit card and other UNSECURED bank debt.

Obviously people should determine whether they ARE judgment-proof, whether their wages can be garnished (STATE law), etc.

If the site is still active tomorrow, I'll post about it at Trado and put out a warning.

And I'll disable registration for this forum right now. Let's have the discussions at Trado.

[WarrenRaftshol]

Christine,

My friend Jackie has been doing debt settlement with a bankruptcy attorney
locally. She has settled many, many credit card debts for as little as 20%. She
charges a flat fee of $450, payable after settlement. She has been doing this
for about 3 years now.

There must be a direct non-violent means to resist. The banks are the enemy.
An organized credit card default seems to me to be possibly effective. Of course,
just missing one payment in April will do nothing - it has to be a complete default.

Warren

[Christine]

Warren, your friend advertises her "experience" and "services" in great detail at the website. What a vile way to try to get business.

She makes the banks look good.

There must be a direct non-violent means to resist.

Didn't you read my link?