-- 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]

Deb, who put those pollies there? Who stood by while they plundered the country?

Was't it an apathetic, non-caring and unaware collection of Australian people?

[*crikey*mate*]

---

@poddster wrote:

That would be great Freddie, but I am not holding my breath.

We, the Australian people have allowed this situation to happen through apathy, misguidance, lack of awareness and in a lot of cases just not caring, being concerned only with our own individual well being. Others have been taught to expect other people cater for them.

Most have been conned by credit agencies to sell themselves int slavery, the philosophy is, "if someone owes you, you own them" the bait on the hook is individual greed.

People are conned into believing that they need an item or commodity, NOW, so they submit to slavery by a creditor, easy way to control some one if you have them but the back pocket

---

That (the slavery/control angle) also applies to anyone who is reliant on a government payment, subsidy or things such as medicare and other govt funded provisions.

I think comparisons to Public Law would be more apt than Corporations Law, to be honest. But even Public Law won't support the analogies being made in this thread.

[poddster]

I would survive Donna 🙂

Would you ?

[*crikey*mate*]

---

@donnashuggy wrote:

---

@poddster wrote:

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? 

---

You go first.

---

And are those reliant on the govt as a source of revenue allowed to use that money to settle the debt?

eg, a person on a pension who will need the pension payment to pay next week's rent.

But the only debt owed is that which is contracted at a particular date, so if for example someone has a car loan or a house loan, only that which is due can be called in, not all future amounts. They can't change their way half way through a loan so a lot of people have the means to pay the required payment based on anticipated income, but not the capacity to pay it out immediately.

So my question extends to, since we are hypothesizing, are we also going to receive the advance revenue whether it be from gov ioncome, employment (including self) and other investments?

[poddster]

It never fails to amaze me that most people look for hidden agendas where there are none.

The opening post is clear and concise, the purpose of which is to generate some synaptic activity in the area of fiscal liability and responsibility.

[*crikey*mate*]

---

@poddster wrote:

It never fails to amaze me that most people look for hidden agendas where there are none.

The opening post is clear and concise, the purpose of which is to generate some synaptic activity in the area of fiscal liability and responsibility.

---

so answer myt questions so i can apply the principles of fiscal liability and responsibility.(please)

[*crikey*mate*]

"If all your credit cards, loans, and mortgage were called in"

and why only these kinds of debt?

[poddster]

As the country is insolvant it would not be possible for it to make any payments from non existant funds. So if a person was reliant on payment from the country then they would not receive any.

[underbat]

Hello, everyone. 

Please remember to keep the tone of the thread civil towards one another.

[poddster]

---

  I have fought and bled for Australia and will continue to do so.