Milton Posted February 20, 2011 Report Share Posted February 20, 2011 (edited) 1.] Yes we should bring back debtors prison! [The Debtors act 1896 abolished imprisonment for Debt. Before that, debtors who had no assets would be swept into prison.] 2.] The Debtors, Bankers, Regulators, and Government should all go to prison! A large section of society, and future generations, will suffer, because the bankers have "privatised profits and socialised losses" of speculators, [Debtors] who continue to benefit from profits, by not taking any losses, and by pushing those losses onto society at large via the government and the regulators. These people should be held accountable and responsible for their actions. 3.] No, we should socialize the losses! My money is being stolen, by my government, to pay to keep the banks assets, my neighbours house, massively overinflated. Ensuring I can never afford my own house. I understand it was undisputed fraud behind the manipulation of rising house prices and that a debt transfer has taken place. This debt has been transferred onto me. Without the bank bailouts, house prices would have crashed by over 50% And returned to their long term median affordability. For you to win I have to lose. This is clearly theft of my money. But I am happy to pay your debt. 4.] What a Friggin Twisted Society we live in. Stick your vote in. Edited February 20, 2011 by Dan1 Quote Link to post Share on other sites
Milton Posted February 21, 2011 Author Report Share Posted February 21, 2011 1.] Yes we should bring back debtors prison! [The Debtors act 1896 abolished imprisonment for Debt. Before that, debtors who had no assets would be swept into prison.] 2.] The Debtors, Bankers, Regulators, and Government should all go to prison! A large section of society, and future generations, will suffer, because the bankers have "privatised profits and socialised losses" of speculators, [Debtors] who continue to benefit from profits, by not taking any losses, and by pushing those losses onto society at large via the government and the regulators. These people should be held accountable and responsible for their actions. 3.] No, we should socialize the losses! My money is being stolen, by my government, to pay to keep the banks assets, my neighbours house, massively overinflated. Ensuring I can never afford my own house. I understand it was undisputed fraud behind the manipulation of rising house prices and that a debt transfer has taken place. This debt has been transferred onto me. Without the bank bailouts, house prices would have crashed by over 50% And returned to their long term median affordability. For you to win I have to lose. This is clearly theft of my money. But I am happy to pay your debt. 4.] What a Friggin Twisted Society we live in. Stick your vote in. Five votes? 185 views? HPC is not a FTB website Quote Link to post Share on other sites
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