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Bob's avatar

The only reason collateral is involved in the lending practice is to pay back the lender IF the borrower fails to do so as indicated in the loan agreement. If the loan is paid timely and paid in full, it is irrelevant whether an asset was valued at $1 or $1 billion. The borrower has the use of the money, the lender made its profit AND THERE WAS NO HARM TO ANYONE. We have nothing resembling a judiciary left in this country. Felons are allowed to walk the street, innocents are STILL in jail and the court can say and do what it wants with impunity. This is now a banana republic. Make no mistake.

Joe Kronner's avatar

Thanks for todays Takes.

The government shutdown is only a DS Rat Bastard MSM talking point. I hope the government shuts down (BTW I hope it defaults too). 90-99% of all government agencies, etc. need to be closed immediately. I doubt anyone would notice any negative impact.

God Wins!

God Bless!!!

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