Tuesday, July 27, 2010

The Nuts and Bolts of Recourse/Non Recourse

Here are some nuts and bolts about recourse and non recourse loans. Here is a reminder. Never, ever, sign for a recourse loan. Please, and save yourself the heartache of serious worry and repercussions in the future.

Friday, July 23, 2010

First Door on the Left

This is funny. I like to see the bank lover, Faux News, down and out.

First Door on the Left: "- Sent using Google Toolbar"

Tuesday, July 13, 2010

Country Breakfast Casserole Recipe

This particular recipe is pretty standard, however there are some great cookbooks on this site. This is like a directory of great cookebookes. This Squidoo lens was lens of the day on 7/13/2010.

Country Breakfast Casserole Recipe: "- Sent using Google Toolbar"

Keiser Report №59: Markets! Finance! Scandal!

Max is funny here tracking the rich getting richer and how they are doing it.

Sunday, July 11, 2010

Thursday, July 8, 2010

My Belated Response to Walletpop

Walletpop blasted Dontpaycreditcards.com as the dumbest website ever. I have been singled out for the dumbest-website-ever award, and I am proud. The author is no longer an editor on Walletpop, but he is still contributing on other sites in the AOL system. I have no axe to grind against Walletpop, and they even followed me on Twitter @bgamall!

Tuesday, July 6, 2010

My New Blog

I will post on my blogspot blogs occasionally, however, I am posting more at http://bgamall.bravejournal.com which is linked to http://dontpaycreditcards.com and complements it. I like the simple layout and the carnage from the credit crisis needs more of a shout.

in reference to: Gary Anderson's Dontpaycreditcards.com Blog - Bravenet Blog (view on Google Sidewiki)

Sunday, July 4, 2010

The Root Cause of Protest

The root cause of the protest is found in the paragraph explaining that the banks planned off balance sheet banking, as a means to hide bad loans, way back at basel 2 in 1998. This, along with the repeal of Glass-Steagall, which allowed banks to write swaps (insurance) against their risky loans, were the two most important factors leading to the credit crisis.

in reference to: Don't Pay Credit Cards (view on Google Sidewiki)

Don't Pay Credit Cards

Don't Pay Credit Cards is a website that gets to the heart of the credit crisis, and to the heart of your personal credit crisis. Find ways to escape intimidation and protest the crisis. You can opt for traditional credit advice, or join the protest and restore US sovereignty over the TBTF banks.

in reference to: Don't Pay Credit Cards (view on Google Sidewiki)