Just how exactly do you think this will be used? - Galt's Gulch

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Just how exactly do you think this will be used?

Posted by Robbie53024 10 years, 7 months ago to Government

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Posted by jbrenner 10 years, 7 months ago

Financial guru Dave Ramsey consistently says that you should pay cash for everything because as the Book of Proverbs says, "The debtor is a slave to the lender." Given that virtually all mortgage debt is to the federal government now via Fannie Mae, how many of you want to be a slave to Uncle Sam? I am glad I refinanced in 2003 to cut 9 years off my mortgage, and then just paid it off totally in 2008. Being debt free is SO liberating!

This story about a database of SSN's of anyone with a mortgage had to exist already, but it makes me relieved to know that I don't owe them anything.

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Posted by Hiraghm 10 years, 7 months ago

Well, I guess I can give up on buying a house now, unless/until I can pay cash...

The only solution I can see is to choke them to death on data...

"If you're going to stick your fist into the lion's mouth, shove it in... all the way up to the elbow" - unknown character in forgotten movie.

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