and I have discovered the valley is littered with trash. In my continuous search to learn more about credit I discovered it is all an illusion perpetrated by bankers. Still you can use this to your advantage. I know I am using it to my advantage.
All loans are based on fraud by the banks. They never lend you their money or their credit. They lend you your credit which you give them when you sign an application. Your signature is infinitely valuable! It is illegal for banks to lend depositors money or the banks credit. I have dozens of cases that say so.
That leaves you as the person who is the source of the loan. The banks create the money on their books. They make you debt their asset and then multiply it by 10 and lend that money. And you thought Bernie Madoff was running a scam! He is a minnow in the ocean compared to the predatory bankers not to mention the biggest Ponsi scheme of all time called social security.
Banks losses from you not paying the loan back is on their books also. The constitution expressly forbids anyone but the congress from creating money but as illegal as it is that is what the banks and the federal reserve do.
It is fraud because the bank does not give the lender full disclosure. They never tell you that you are the source of your own loan! You can use this info to fix your personal credit. I'll go into that more, later.
To find out more on your own google the phrases "money mechanics" or "fractional banking".
Sunday, July 19, 2009
Wednesday, February 11, 2009
With the credit crunch is now a good time to get business credit?
Many people are asking themselves the question "Is now a good time to go into business and can I still get business credit?"
The answere to that question is both complex and simple. I will answer both ways. The simple answer is yes it is a very good time to go into business for yourself and get business credit. How can I say that you ask? It is simple. The economy is in the toilet. If anyone tells you otherwise they are blowing smoke. The economy has taken damage from the top to the bottom and across every field. Jobs are being lost at record numbers. Your bank is here today and possibly gone tomorrow. That is the reality. I know because I had accounts with Washington Mutual and Bank of Wachovia when they announced they were crashing and burning.
With all the catastrophic eceonomic collapse I say it is good to open a business because you need a plan B now! If you do not have a plan B you do not have a plan! If the economy "sheds" your job what is your fall back position? This is a great time for a home or internet business if it requires low start up with potential for larger gains. Money is made in bad economies as well as good economies.
The law of abundance states that there will always be more than we can consume. That is a true fact. There have been trillions of dollars that have been lost in this globabl catastrophe. There will be more trillions evaporating over the coming year. Banks will close and companies will go out of business but there will be trillions of dollars still being pushed through the world everyday. Money is not going to stop being made. The trick is to position yourself in front of a need, market your service correctly, and fill that need.
You keep hearing about the credit freeze on the news. Let me tell you that the news loves reporting a disaster and creating fear. That is there business. There is no credit freeze. Lenders and creditors are not lending money as freely or massively as they were six months ago but money is still on the table for you to get.
I know this from experience. Companies are still sending me credit offers frequently. I still get preapproved credit offers begging me to sign up for personal and a business credit. As an example Capital One kept sending me preapproved offers for a personal credit card. I decided to sign up. I did not bother to activate it for a month and a half. They started calling me asking why I had not activated the card and then they wanted to make me aware of programs that would increase the cards credit limit and could they activate it by phone right then.
Office Depot sends me discounts and coupons to sign up for a business credit card on almost a weekly basis. I just received a new Mastercard for my corporation yesterday. Credit is still out there and they want you to have it.
Bank lending has gone down but it has not froze. When banks stop lending they go out of business. Their business is lending and making profits on that interest. It has to pick up or they have to pack up. It is that simple an equation. Banks are taking monumental losses but they have to keep playing the game and try to get out of the hole with more lending and purchasing of assets. Banks are like sharks. If they stop moving they die. Use this knowledge to your best advantage or ignore it and become another eceonomical statistic. The time is now because if you wait until things have gone bad it will be too late.
You can purchase my ebook on building business credit for $49.95 and start your plan B now. Goto http://www.rkhorizonenterprises.com/
The answere to that question is both complex and simple. I will answer both ways. The simple answer is yes it is a very good time to go into business for yourself and get business credit. How can I say that you ask? It is simple. The economy is in the toilet. If anyone tells you otherwise they are blowing smoke. The economy has taken damage from the top to the bottom and across every field. Jobs are being lost at record numbers. Your bank is here today and possibly gone tomorrow. That is the reality. I know because I had accounts with Washington Mutual and Bank of Wachovia when they announced they were crashing and burning.
With all the catastrophic eceonomic collapse I say it is good to open a business because you need a plan B now! If you do not have a plan B you do not have a plan! If the economy "sheds" your job what is your fall back position? This is a great time for a home or internet business if it requires low start up with potential for larger gains. Money is made in bad economies as well as good economies.
The law of abundance states that there will always be more than we can consume. That is a true fact. There have been trillions of dollars that have been lost in this globabl catastrophe. There will be more trillions evaporating over the coming year. Banks will close and companies will go out of business but there will be trillions of dollars still being pushed through the world everyday. Money is not going to stop being made. The trick is to position yourself in front of a need, market your service correctly, and fill that need.
You keep hearing about the credit freeze on the news. Let me tell you that the news loves reporting a disaster and creating fear. That is there business. There is no credit freeze. Lenders and creditors are not lending money as freely or massively as they were six months ago but money is still on the table for you to get.
I know this from experience. Companies are still sending me credit offers frequently. I still get preapproved credit offers begging me to sign up for personal and a business credit. As an example Capital One kept sending me preapproved offers for a personal credit card. I decided to sign up. I did not bother to activate it for a month and a half. They started calling me asking why I had not activated the card and then they wanted to make me aware of programs that would increase the cards credit limit and could they activate it by phone right then.
Office Depot sends me discounts and coupons to sign up for a business credit card on almost a weekly basis. I just received a new Mastercard for my corporation yesterday. Credit is still out there and they want you to have it.
Bank lending has gone down but it has not froze. When banks stop lending they go out of business. Their business is lending and making profits on that interest. It has to pick up or they have to pack up. It is that simple an equation. Banks are taking monumental losses but they have to keep playing the game and try to get out of the hole with more lending and purchasing of assets. Banks are like sharks. If they stop moving they die. Use this knowledge to your best advantage or ignore it and become another eceonomical statistic. The time is now because if you wait until things have gone bad it will be too late.
You can purchase my ebook on building business credit for $49.95 and start your plan B now. Goto http://www.rkhorizonenterprises.com/
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