Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: umgud
SO, I should be able to stop by and pay off my mortgage with some of the cash in my wheelbarrow I’m pushing to the store to buy bread?

Yeah, except you will be in such a big hurry to get to the store before the price jumps up to TWO wheelbarrows that you won't have the time for it.

By the time you get back from the store, the Won will have issued an EO "adjusting" your mortgage principal upward so you can't pay it off like that any more (until next week).

9 posted on 12/14/2010 8:59:19 AM PST by thulldud (Is it "alter or abolish" time yet?)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: thulldud
By the time you get back from the store, the Won will have issued an EO "adjusting" your mortgage principal upward so you can't pay it off like that any more (until next week).

I'm sort of expecting that too. Talk about a High Crime and actually making things worse - protecting the bankers and voiding your fixed interest rate contract. But I do think that and EO like that would initiate the riots of riots that brings it all down anyway.
14 posted on 12/14/2010 9:20:12 AM PST by RushingWater
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson