Satisfy my curiosity. College debt. - Page 4

Roach · 04-14-2011, 02:53 PM

^

Quote:

you think engineers make more than lawyers and doctors?

not hardly.

in fact the better paid engineers don't actually do "engineering", they design dreams instead of bridges.

International Association of Financial Engineers - Home

José · 04-14-2011, 03:12 PM

Quote:

Originally Posted by my_scatterheart

You sound like you're fucking 12. My parents work harder! My parents were poor once too!
...don't mistake these accomplishments as your own.

so you admit that being able to pay for your kids education is an accomplishment... earlier you made it sound like it's the worst thing you could do raising a kid!

we CLEARLY aren't arguing about tuition here. this is just an argument against each other.

K10 · 04-14-2011, 05:12 PM

Quote:

Originally Posted by SpankyMcLankey

so you admit that being able to pay for your kids education is an accomplishment... earlier you made it sound like it's the worst thing you could do raising a kid!

we CLEARLY aren't arguing about tuition here. this is just an argument against each other.

You know I think it might have something to do with you castigating millions of people over a subject you clearly don't understand and are not old enough to pass judgement on.

How do you think people open businesses, pay outrageous medical bills, send their kids to school, own a home.....? Are you implying that your parents just bought their house straight up with a suitcase full of cash? Furthermore.....why do we care what your parents financial situation is? Why are you claiming a moral high ground because your parents are thrifty?

Basically what you are saying here is that everyone that has a house, car or medical payment is a bad person and have somehow morally failed. That is some ignorant shit man.

Captain Cannabis · 04-14-2011, 05:22 PM

Quote:

Originally Posted by Roach

^

not hardly.

in fact the better paid engineers don't actually do "engineering", they design dreams instead of bridges.

International Association of Financial Engineers - Home

would have been nice to know 7 years ago

i'm kidding. i love science. maybe engineering would be more interesting if girls enrolled.

my_scatterheart · 04-14-2011, 07:14 PM

Quote:

Originally Posted by SpankyMcLankey

so you admit that being able to pay for your kids education is an accomplishment... earlier you made it sound like it's the worst thing you could do raising a kid!

we CLEARLY aren't arguing about tuition here. this is just an argument against each other.

Yeap that's what I did there.

José · 04-14-2011, 08:31 PM

Quote:

Originally Posted by K10

Basically what you are saying here is that everyone that has a house, car or medical payment is a bad person and have somehow morally failed. That is some ignorant shit man.

Damn why didn't I think of that.

As for me being too young to understand. You're full of shit. We are talking about tuition here in this thread. I DO have experience with this topic. I have already made personal decisions regarding this topic, I fully understand the consequences of getting a student loan.

Besides that, it is absolutely ridiculous to try to lump business loans and medical bills within this same topic/argument. That is something that is completely different.

You are speaking from your own personal experience with borrowing money. I on the other hand have not had to get a loan so in a sense my opinions on borrowing money are less contaminated than yours. I do understand that yes, I have had a lot of things in my life "handed to me," but that doesn't make my views any less accurate.

We ARE in a debt based economy right now, I can't deny that. So yes, I can understand why you guys would feel its ok to borrow money.

I just shouldn't have said anything at all and let you guys continue to think I am the 14 year old autistic kid I really am.

shai_hulud · 04-14-2011, 09:07 PM

..............

Aaaaaand if anyone ever asks why this entire board doesn't take spanky seriously, and why even after over three years he's still treated like hes just started posting here 3 hours ago, point them to this thread. I'm sure there are other threads full of retarded spankyisms like this, but this one is definitely adequate.

aft3rsh0kk · 04-14-2011, 09:12 PM

Quote:

Originally Posted by SageTree

Truth. Even if it's minimal.... there aren't too many people paying for these with cash these days

!!!

Compounded interest

Makes every other cruel and unusual thing we do to each other look like the weak sauce.

Werd... I pay for everything I can on my Mastercard, because I get cash back. Last year it was a couple hundred.
Every month I get about $500-$1000 in 'debt' and on the 3rd of every month I pay it off.

I don't consider this 'bad' at all.... In fact, I'm making money off of going into debt.

The cash I got back was enough to pay for two tickets to Barbados this Sept.

Thanks responsible debt management

So in other words, I think Lloydys advice is the best yet!
It's the borrowing beyond your means that'll getcha'.

i need to ditch visa and get me a mc

José · 04-14-2011, 09:27 PM

Quote:

Originally Posted by shai_hulud

..............

Aaaaaand if anyone ever asks why this entire board doesn't take spanky seriously, and why even after over three years he's still treated like hes just started posting here 3 hours ago, point them to this thread. I'm sure there are other threads full of retarded spankyisms like this, but this one is definitely adequate.

**SageTree** · 04-16-2011, 06:55 AM

Quote:

Originally Posted by aft3rsh0kk

i need to ditch visa and get me a mc

First things first.... the point I wanted to make more clear, if I didn't, is that I ALWAYS pay if off, because I know I have it in the bank when I spend it..... I ALWAYS have $1k in the bank and that is the spending limit on my card, which it what I always use for transactions when I can. If I know I'm going to be spending close to the limit I keep tabs the cash flow in my savings/checking account.

Dr. Nick Nasty · 04-16-2011, 07:26 PM

80k for a PhD, Master's, and BA--all from public institutions!

~1~ · 04-17-2011, 10:05 AM

Now here is an interesting read on how some things work in the world today...

Source

Quote:

The facts about Usury: Why Islam is Against Lending Money at Interest.

At times of economic hardship, when every good idea fails, just because "the money can't be found", when a decline in services is explained with the need "to reduce the deficit", when business can't afford new investment because of the "high cost of borrowing", when mortgage rates have gone up so much that it becomes difficult to maintain a decent living standard, many small savers still think that high interest rates mean at least that they get the most out of their savings. The truth is, they pay more than they get.

According to most governments the only ways to control the deficit are to raise taxes or to cut government spending. However, considering that the deficit continues to grow simply because of the exorbitant amounts of compound interest added to the original debt, one of the most effective ways to reduce the deficit would be to reduce interest rates.

Lower interest rates = lower deficit

In fact, at zero interest, the debt would not grow at all, and the large amounts of money spent in servicing the debt could be used to pay it off.

Now consider what the Qur'ân has to say on the subject of usury, that is lending money at interest:

Those who devour usury will not stand except as stands one whom the devil by his touch has driven to madness. That is because they say: Trade is like usury: but Allah has permitted trade and forbidden usury.... Allah will deprive usury of all blessing, but will give increase for deeds of charity, for He loves not any ungrateful sinner.... O you who believe, fear Allah and give up what remains of your demand for usury, if you are indeed believers. If you do it not, take notice of war from Allah and His messenger, but if you repent you shall have your capital sums; deal not unjustly, and you shall not be dealt with unjustly. And if the debtor is in difficulty, grant him time til it is easy for him to repay. But if you remit it by way of charity, that is best for you if you only knew. [Surah al Baqarah, verse 275-280 ].

How urgently is this message needed in a world where the "debt crisis" threatens to destroy and annihilate our civilization, where open warfare is increasingly the consequence of the anxiety and suffering that spring from third world debt. Politicians have seldom looked at money-lending at interest as the cause of widespread poverty in the midst of plenty, because whilst this practice was once forbidden by Judaism, Christianity and Islam alike, it has become universally accepted in the modern world of secularism. It has been argued that money is a "producer good" and that the lender should receive a share of the extra wealth that these goods produce. Yet this is illogical on several points. The only true producer of wealth (i.e. goods and services) is Labour when it is applied to either Land or Capital. Unlike Land, Money is infinite when not artificially restricted, which it often is. Money is man-made out of nothing and at tiny real cost. This credit creation confers enormous economic power and influence on those usually private institutions who have secured for themselves monopoly rights in this money issue.

That private banks create money out of nothing is a fact too little known amongst the public. Our national debt stands at over 200 billion pounds, and that of other industrialized countries is of similar magnitude. Have you ever asked yourself who is that fabulous lender who always seems to have all the money which the government does not have? Whom does the nation owe the national debt? The truth is that when banks create money (as cheque-money or blips on computer screens) they lend what they have not got to reap where they did not sow. Their loans are not backed by any real wealth on their behalf. Nor do they lend out depositors' money (or when did the bank last tell you that you can't take out money from your account, because it has been lent to someone else?). When you give your house or business as guarantee for their money, this money is not backed by gold, silver or tangible wealth. It is an empty promise except for the fact that the government, with the central bank as lender of the last resort, is ready to bail out the banks should a run on their money occur. Bank-created credit is based on the nation's capacity to produce and consume in the sense that whilst it is not issued nor backed by the government, the government - being the largest debtor - guarantees a certain return in debt service payments from its revenue. An increasing part of local and national government taxation today is raised for the purpose of servicing the interest payments on local and national government debt. So whether you personally borrow or not, you pay the interest on that fictitious money. Likewise, when you take a bank loan, you pay at least twice: you give a guarantee of real wealth in case of default, and you pay a penalty (as interest) for accepting money as a loan which costs the lender nothing and did not exist until it was created as a loan to you. Heads you lose, tails you lose again...

As should be evident by now, to base an economy on interest is a pretty stupid way of servicing a nation's need to produce, consume and trade. It results in the evils of inflation, unemployment, decline of services, trading war, and finally, shooting-wars. Using interest rates as a means to control the problems of a nation's economy is futile, as these problems were created by interest in the first place. Only when a government creates its own money supply free of charge to the nation to facilitate production, consumption and trade, instead of authorizing private banks to create the nation's money and then holding the nation at ransom by breaking its back under the ensuing interest debt, only when we get back to a system where the usurer is not being rewarded for taking advantage of others' difficulties, will we achieve real prosperity.

Islam, often laughed at for sticking to its principles and not "moving with the times", has never given in to the demands of the money-lenders to change its tough stance on interest. Naturally, Islam has increasingly been attacked by the financial interests behind today's media and politics. Looking at the evidence with an open mind, however, it should not take you long to realize that Islam makes sense, and interest doesn't.

Being a devout non-theist who is offended by the words 'in god we trust' splashed across my cash...

By the way, trust in a god that would fuck with your head to 'test your faith' is like believing 'I swear honey, I'll only put the head in.' or 'I really won't cum in your mouth'. but I digress...

Being the devout non-theist I am, I am not saying anyone persons interpretation of god has anything to do with the financial crisis today but I did find the last part, I dunno, slightly enlightening.

Of course that's just our opinion, we could be wrong.

Sir-Ex · 04-19-2011, 01:25 PM

Personally I won't ever borrow money from those pussy ass faggot munching cum slut banks or any other institution. That's just how I roll. If I want a car and I don't have a few grand, I fucking take up a contract and murder the motherfucker for COOooll hard cash and purchase them wheels on the SPOT - NO FUCKING tune ups, no oil change, take that shit straight out of the lot and ride that bitch til she chokes. Then I go out and kill another motherfucker for the cash - I got no problem with it - short a fiver to buy myself lunch I got NO problem killing a few kids on theys way homes from school and taking they cash! Cuz THEY just people and people ain't shit but fucking animals and the reaper gonna visit them all in due time so I got NO problem being the hand that delivers it. I be doing the world a favour and not ponying up to the pussy ass faggot munching cum slut banks at the same time - I'm not evil - I'm fucking Jesus. And you fucks better wise up to the facts of life!

**SageTree** · 04-19-2011, 01:34 PM

Quote:

Originally Posted by Sir-Ex

Personally I won't ever borrow money from those pussy ass faggot munching cum slut banks or any other institution. That's just how I roll. If I want a car and I don't have a few grand, I fucking take up a contract and murder the motherfucker for COOooll hard cash and purchase them wheels on the SPOT - NO FUCKING tune ups, no oil change, take that shit straight out of the lot and ride that bitch til she chokes. Then I go out and kill another motherfucker for the cash - I got no problem with it - short a fiver to buy myself lunch I got NO problem killing a few kids on theys way homes from school and taking they cash! Cuz THEY just people and people ain't shit but fucking animals and the reaper gonna visit them all in due time so I got NO problem being the hand that delivers it. I be doing the world a favour and not ponying up to the pussy ass faggot munching cum slut banks at the same time - I'm not evil - I'm fucking Jesus. And you fucks better wise up to the facts of life!

I don't mean this to be ironic or mean.... but seriously...

I bet you are a really good Dad.

My old man couldn't tell stories for shit.
And you got a way with tying together imagination and reality Brother.

Fucking Prophet shit right there man!!!

José · 04-19-2011, 05:13 PM

Someone get me an ebonics translator.

That reads like lyrics of an Immortal Technique song.

Sir-Ex · 04-19-2011, 07:56 PM

I consider myself a good father. I certiainly don't tell my daughter stories like I do on here though !

**SageTree** · 04-20-2011, 05:14 AM

Quote:

Originally Posted by Sir-Ex

I consider myself a good father. I certiainly don't tell my daughter stories like I do on here though !

Oh I figured as much, I only meant to imply that ,I bet the imagination ability has a good transfer over to kids tales.

Story telling is an art, and not everyone is good at it.

Rubix · 04-20-2011, 06:46 PM

My parents pay for it but I'm gonna give em my paycheck tomorrow and tell them I dropped a class and want to switch degrees.

View Poll Results: Do you owe?
Paid up, 100%	11	36.67%
I owe, I owe so off to work I'll go.	9	30.00%
Scholarships, mother fucker!	4	13.33%
I blew my professors to get through (I'm gay)	6	20.00%
Voters: 30. You may not vote on this poll

04-14-2011, 09:07 PM	#67 (permalink)
shai_hulud Om nom Join Date: Aug 2003 Location: ab, ca Posts: 2,161 Thanks: 440 Thanked 600 Times in 335 Posts	.............. Aaaaaand if anyone ever asks why this entire board doesn't take spanky seriously, and why even after over three years he's still treated like hes just started posting here 3 hours ago, point them to this thread. I'm sure there are other threads full of retarded spankyisms like this, but this one is definitely adequate. __________________ "There are only three useless things in this world. Nuns' nipples, bishops' balls and an employer's praise without a raise."

04-16-2011, 07:26 PM	#71 (permalink)
Dr. Nick Nasty Reactionary Radical Join Date: Feb 2006 Location: New York/New Jersey Metro Wasteland Posts: 1,049 Blog Entries: 5 Thanks: 653 Thanked 364 Times in 232 Posts	80k for a PhD, Master's, and BA--all from public institutions! __________________ "I do not wish any mass at all, but honest men only, lovely, sweet, accomplished women only."-Emma Goldman

04-19-2011, 01:25 PM	#73 (permalink)
Sir-Ex Learner Join Date: Jul 2001 Location: Edmonton, Alberta Posts: 11,416 Thanks: 1,726 Thanked 3,821 Times in 2,258 Posts	Personally I won't ever borrow money from those pussy ass faggot munching cum slut banks or any other institution. That's just how I roll. If I want a car and I don't have a few grand, I fucking take up a contract and murder the motherfucker for COOooll hard cash and purchase them wheels on the SPOT - NO FUCKING tune ups, no oil change, take that shit straight out of the lot and ride that bitch til she chokes. Then I go out and kill another motherfucker for the cash - I got no problem with it - short a fiver to buy myself lunch I got NO problem killing a few kids on theys way homes from school and taking they cash! Cuz THEY just people and people ain't shit but fucking animals and the reaper gonna visit them all in due time so I got NO problem being the hand that delivers it. I be doing the world a favour and not ponying up to the pussy ass faggot munching cum slut banks at the same time - I'm not evil - I'm fucking Jesus. And you fucks better wise up to the facts of life! __________________ Smile Ditch the cigs!!!!!!

04-19-2011, 07:56 PM	#76 (permalink)
Sir-Ex Learner Join Date: Jul 2001 Location: Edmonton, Alberta Posts: 11,416 Thanks: 1,726 Thanked 3,821 Times in 2,258 Posts	I consider myself a good father. I certiainly don't tell my daughter stories like I do on here though ! __________________ Smile Ditch the cigs!!!!!!

04-19-2011, 05:13 PM	#75 (permalink)
José YaHookan Join Date: Sep 2007 Posts: 3,372 Thanks: 62 Thanked 149 Times in 74 Posts	Someone get me an ebonics translator. That reads like lyrics of an Immortal Technique song.

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