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LOWERING INTEREST RATES WHILE WE CONSIDER PRINCIPAL REDUCTIONS
I have actually seen landlords turn away rent because it wasn't for the full amount. Yes, there are people who will hold you to the strictest interpretation of what is going on and that is their right to do so. But does it serve or compliment the big picture? I have always accepted some rent as opposed to no rent and things work out TITLE OF THE POST EXPLAINED Now, saying all that, how hard is it to implement a program of reducing interest rates that are abnormally high to a more reasonable amount which in turn would lower payments and then we all can go on from there. If this program helps anyone, then it was a success. CURRENT SYSTEM GIVING NO RESULTS Doing nothing or maintaining the status quo between borrower/lender is proving to be an economy KILLER. We can operate by the strictest interpretations and accept that outcome or we can create an outcome or result more to our choosing. He who hesitates is lost applies here too CAPITALISM REQUIRES MOVEMENT Capitalism requires that the buck never stops but keeps moving thereby benefiting all who temporarily have it in their possession. Holding on to the buck only helps ... more
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