-- CREDIT--

[poddster]

If all your credit cards, loans, and mortgage were called in and you had to finalize them all  by the end of  the financial year (30th June) where would that leave you and what would you do to pay your debt? 

[poddster]

Erica, the infrastructure and benefits you receive from that infrastructure are for the whole population that is where the money went, oh and the gifts, bribes and any other "look at us" costs, the interest on borrowings is a cost as well.

[poddster]

Try reading up on company law

[poddster]

Katy if more people were like you the country would not be in as big a mess as it is in now 🙂

[freakiness]

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@poddster wrote:

Try reading up on company law

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No, you are making the big claim, you provide some proof.

What has company tax got to do with individual citizens in relation to this claim?

[poddster]

I did'nt mention any taxes. This thread is about liability and responsibility, it is not a political thread, it is a fiscal thread.

[freakiness]

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@poddster wrote:

I did'nt mention any taxes. This thread is about liability and responsibility, it is not a political thread, it is a fiscal thread.

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I didn't notice that had slipped in there. Must have been word prompt, my phone does that sometimes.

[freakiness]

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@freakiness wrote:

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@poddster wrote:

Try reading up on company law

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No, you are making the big claim, you provide some proof.

What has company tax got to do with individual citizens in relation to this claim?

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So I'll reword the question.

What has company law got to do with individual citizens in relation to this claim?

[imastawka]

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@electric*mayhem*band wrote:

Rent, Gas, Electricity, Water, Council Tax (UK), TV Licence, Telephone, and the monthly Broadband charge for the contraption I'm typing this on. All debt in my eyes, so who can truly say they are debt free ? 

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  Just a small hi-jacking-

 TV licences were abolished in 1974 in Australia!  What do they charge for that?

 Besides, all those are only 'debts' if you don't pay them. 

[poddster]

We as a country are in debt. The country are  the people. The same with a company, if a company is in debt the share holders in debt.

It is common sense, but unfortunately sense is not that common. 🙂

[freakiness]

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@poddster wrote:

We as a country are in debt. The country are  the people. The same with a company, if a company is in debt the share holders in debt.

It is common sense, but unfortunately sense is not that common. 🙂

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Can't you find a single bit of info the back up what you're claiming?

Are you sure you know enough about company law and debt to be making these claims?