Bank of America (branch) gets foreclosed on by homeowners who bought home with cash

[7th trump]

http://www.youtube.com/watch?v=AaBJHaUXvww

[Cebu_4_2]

Published on Jun 4, 2011

http://youtu.be/AaBJHaUXvww


http://youtu.be/5FPAYqU5Pj0

[Ponce]

Year and half to two years old story....... seen it posted here twice.....good to see again.

PS: I just moved into my living room to save fuel while keeping warm.

V

[mick silver]

1- You need to fertilize a field and need 50 lbs of manure.
2- Your cow can only produce 1 lbs a day, so you go to your neighbor and borrow 50 lbs of cow-manure.
3- Your neighbor gives you the 50 lbs of cow-manure but tells you that you must pay him back with 100 lbs at the end of the month (interest).
4- Your cow has only produced only 30 lbs of manure by the end of the month. You need an additional 70 lbs to pay back your debt.
5- You go back to your neighbor and ask to borrow another 70 lbs of manure.
6- You pay your neighbor back with the 30 lbs of cow-manure you actually have, plus the additional 70 lbs he lent you.
7- You have paid back the debt of 100 lbs of cow-manure owed… but you had to borrow an additional 70 lbs of cow-manure to do it.
8- For the 70 lbs of manure you borrowed from your neighbor, you must now pay back 140 lbs next month.
9- Your cow still only produces 30 lbs per month, so you will have to borrow 110 lbs of manure at the end of next month to pay back your debt.
10- You will never have enough manure to pay back all your debt. Cow-manure is now the most valuable thing in your life and you can never have enough of it. You will spend the rest of your life working for manure.
I just created a virtual monetary system based on SH*T… but not really. This is an illusion.

[Ponce]

Well, I can always give him my daily "manure" that would be what gold is to paper fiat cow manure.....I give him one lbs of my manure and he would own me MORE cow manure.........man oh man, I am now deep in shit.

V

[mick silver]

i wonder how long this would go on before he has to give the guy his cow for the manure

[Ponce]

i wonder how long this would go on before he has to give the guy his cow for the manure

That must be like the bank repossessing a home......right?

V