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Blogs > Esqxxx_ > Savior Faire!

Ever heard you need to spend a little money to make some money?  

Esqxxx_ 54M
35 posts
12/23/2015 11:45 am

Last Read:
12/23/2015 1:01 pm
Ever heard you need to spend a little money to make some money?

So a debt collector called me. I assured them I want no part in any money laundering. But here is the rub. I would assume that i.e. a credit card or charge card would represent a liability or assets account with the debtor. As such a security you would be foolish to just want to throw money away. Here are some of the values you need to judge. 1. they the collector need to know 3 things about it first. and I can only think of two right now....one is the actual price of the security (just think of it as a mutual fund of sorts) second they need to know how many shares there are too it. now if you think about it the debt collector could easially win two way...if he managed to sell the debt to you as being paid to him Or you actually were worth your salt and knew to buy it again. why because we all know there would be the original amount you owed on the card...as well there would be the amount they would take right off the bat as doing you a favor? Furthermore there is also the Sell amount and the net asset value of it...(actually imagine it as a portfolio account because that has more than one security in it which is what they have) It is a load sale i.e. with a commission built into it already...now the true market value is in the sell price, now debts with commissions for there sales are considered the net asset value accounts (just because they have a net). You as the debtor did so for a reason I am sure of that for you! It is all in the accrued intrest that has been un paid out...and needs to be paid to the original owner..in short though this can only be done a BUY sale and the reason why you have it in a portfolio account of sorts. we all know how quick the balance adds up (having done nothing but enjoy time...time is actually considered a deductible and unless you credit card had a deductible written into it non payment policy well.....that money 101...why can you argue it is a security or liability act...I am sure you purchased something non consumable inside a shopping mall..until that item is taken to the city incinerator and utterly destroyed and the ashes scatter and not sold as decimated novelties... aka a number collectable. you will still have a tangible worth to it...you fuckin own it be proud! Hell you basically with your non payment created a Capital Gains Distribution M-Fund for it has money inside its money, by the way do not let them tell you that it is also not a bond you are working with...I know for a FACT that even the Secret Service don't a definition of what a BOND looks like. Lets just say about 15 years ago I was tweeking and I spent about 1.5 hr going over the subject with them...

the insurance side of me says it like this: the intrest on the credit card did nothing for it as i.e. work covering any expense for the risk is the factor...the intrest rate percentage is charge to you based on the amount they need to cover....they did that the first time they applied it...obvious if the balance did not change they have noting new to cover...again it not the deductible...and time is not the factor either in this sense...its only the factor of the closer you get to the end of the tenure of the warrant for the stock sale (of shares etc) the more worthless the warrant becomes...so imagine the closer you get to the non payment of premium to keep the account open and it's close date the bigger the risk etc...and lets face it- the merit is in the points...you don't have to pay back any amount given to you when they can issue reports that will be attached to your credit report and you ability to get any more...that is there reward because that is their only path to "glory" You on the other hand simply want the vengeance of the debt..the actual RETURN of the injury...

SO BITCHES...THATS money 101

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