The Wizard of debt elimination.
_DEAR FELLOW AMERICAN,_
WHAT DO YOU REALLY WANT?
Are you ready to move forward with your life?
Are you ready to start enjoying the things you really want?
Are you ready to... once and for all... open the doors to Debt Free
Living?
You can, and it doesn't take a lot of money or effort.
The Instant Elimination Toolkit has all the tools you will need
along with lifetime support.
FIRST, LET ME ASK YOU A HYPOTHETICAL QUESTION.
Can you win at a game, any game, if you don't know the rules?
I ask this to help prove a point.
If you don't know the rules of the game, you can't win. Makes no
difference how simple or complex the game.
If you don't know how to play checkers, any 5 year old that does,
can beat you.
If you don't know how to play chess, any 5 year old that does, can
beat you.
What's more, if you don't know the rules of the game, your opponent
can cheat you and you won't even know it. Or, they can just change the
rules as you go along and you won't have a clue. Trying to play a game
without knowing the rules usually isn't going to end well for you.
You're probably wondering what this has to do with credit card debt,
right?
Well, we've made life a game. With winners and losers. And a major
part of this game involves money.
If you believe that money can't buy happiness, I agree. But money
does buy food, shelter, transportation, clothes, and all the other
necessities and luxuries of life. So, is money important? You be the
judge.
Here's the thing, if you don't know the who, what's and how's of
money, you can't win the money side of life. What's more, as in any
game, the other side can cheat you and you won't even know it. Or,
they can just change the rules and you won't have a clue.
LET ME PAUSE HERE AND ASK YOUR INDULGENCE.
I promise, if you'll just give me a few more minutes of your time
I'll tie this whole thing together and it will, God willing and the
creek don't rise, make sense.
A few years ago my wife and I had an occasion to spend the night in
Atlanta at the Country Inns and Suites by Carlson. This particular
hotel chain offers books to read. They furnish you with a book and
suggest you take it with you and exchange it for a different book the
next time you stay with them. A pretty good marketing idea.
The book on my night stand was: QBQ! The Question Behind the
Question by John G. Miller. The book is about personal accountability
in business and life. I strongly suggest everyone get a copy and read
it. Its only 115 pages.
HERE\'S MR. MILLER\'S EXPLANATION OF WHAT QBQ IS: Now let's talk
about the tool that brings personal accountability to life: QBQ. The
Question Behind the Question is built on the observation that our
first reactions are often negative, bringing to mind Incorrect
Questions (IQs). But if in each moment of decision we can instead
discipline our thoughts to look behind those initial questions and ask
better ones (QBQs), the questions themselves will lead us to better
results. One of the guiding principles of the QBQ is, "The answers are
in the questions," which speaks to the same truth: If we ask a better
question, we get a better answer.
But, personal accountability isn't all that I got out of this book.
I also found that it applies to all areas of life.
Let's take the news media for example. Most people just take what
they see and hear on TV or read in the papers at face value. I never
did. I always asked: "Why?"
Unfortunately, I was seldom able to answer my own questions. Why do
people do stupid things? Why do elected officials break their oath and
pass bad laws? Why do they lie, cheat, and steal from the people they
represent?
Now, I ask the questions behind the question.
HERE\'S WHERE WE START TYING IT ALL TOGETHER.
Here's some examples of asking the Questions Behind the Question:
Let's start with bankruptcy. There are two types that effect you and
I: Chapter 7 - complete liquidation of our debt, and Chapter 13 -
rehabilitation with a payment plan for individuals with a regular
source of income. In October of 2005 the rules of bankruptcy changed.
The new rules made it harder for you and I to qualify for a Chapter 7,
complete liquidation. It forced many of us into Chapter 13, repayment
plans, or to completely forego bankruptcy.
The results? The number of individual Chapter 7 bankruptcy filings
in 2006 and the first half of 2007 are down as much as 2/3. Chapter 13
filings are up 1/3.
The Question: "Why did Congress do this?"
Answer: "Don't know."
The Question Behind the Question: "Who benefited?"
Answer: "The banks."
The Next Question Behind the Question: "Why would Congress protect
the banks?"
Answer: "The banks fund government's deficit spending which allows
Congress to spend like drunken sailors without having to raise taxes.
CongressCritters keep getting re-elected. They have an unlimited
supply of money to buy votes.
See how it works?
THEN WE HAVE "SUB-PRIME" MORTGAGES.
If you haven't heard about these lately, you've been in a coma.
Here we have a situation where a bunch of idiot bankers lent money
to people they knew couldn't repay it to buy houses they couldn't
afford.
The Question: "Why would bankers lend money to people they know
can't repay it?"
Answer: "Don't know, maybe greed?"
The Question Behind the Question: "Who benefited?"
Answer: "The bankers, they made a ton of money off the loans."
The Next Question Behind the Question: "How did the bankers know the
Fed would bail them out?"
Answer: "It always does. The banks own the Fed, literally. It was
created to protect bankers from their own stupidity and greed.
Regardless of the cost to you or me."
Now, you're probably wondering: What the hell does this have to do
with me not being able to pay my credit card bills?
HERE\'S WHERE IT WILL BECOME EITHER CRYSTAL CLEAR OR TOTALLY
CONFUSING.
Let's start with some history...
Several years ago I was doing a research project for a client. It
involved "fictions." Why do all government documents have your name in
all caps? Why do all credit cards show names in all caps? Is this
intentional with legal ramifications or does it just happen?
To do this research I had to apply for many different credit cards.
Not a problem.
Then I had to use all of these credit cards. Again, not a problem.
Then, I had to repay all of these credit cards. At the time, not a
problem.
Then things changed.
My wife's company started losing more and more money. To counter
this they started laying people off. Because of the reduction in
people, even with 30 years service, she was reduced to getting week
days off.
She decided to take reduced hours so she could get weekends off. Of
course, reduced hours meant reduced pay. Again, no problem.
Then, the company decided to enter bankruptcy court. Depending on
what happened there, her retirement could be jeopardized. To protect
her 31 year investment in this company, she retired early. This
presented a problem. But not an unworkable one.
Then, it hit the fan.
It seems like on que, all the banks we had credit cards with decided
they needed to make more money. So, they raised their interest rates.
These increases weren't because we had missed payments or had been
late on payments. They were based on nothing more than pure
unadulterated greed. This caused a major problem.
What was affordable yesterday, wasn't affordable today.
What's even worse; it suddenly became obvious, I was addicted to
credit cards.
If you're wondering how much we're talking about... At the time we
had 17 cards and owed a little over $71,000. Our average interest rate
was 8%. Within 60 days, the average interest rate had ballooned to
18.5%. Debts that we had been slowly paying off - suddenly started to
grow. Without any new charges being made.
Financial shock.
THE QUESTIONS WAS - WHAT TO DO.
The answer came pretty quickly.
I was mad as hell and wasn't about to take being financially ruined
sitting down. I also know that credit card addiction is no different
than any other addiction - the only solution is "cold turkey." And by
"cold turkey" I mean - immediately stop using, stop paying, stop
having, credit cards. Nothing else will work for addicts.
"In this country, dont forget, a habit is no damn private hell.
Theres no solitary confinement outside of jail. A habit is hell for
those you love. And in this country its the worst kind of hell for
those who love you."
- Billie Holiday, William Duffy
I figured, with all the knowledge I'd acquired during my research -
knowledge of the the banking industry, contracts, and how the law
works, I can fight these thugs - beat this addiction and win.
So, I created a notice that I sent to all the banks. Basically, it
told them, here are the new terms of our agreement. Live with them or
shove it.
Well, for more than a year they decided to live with it. After their
computers stopped sending statements and collection letters, we
stopped hearing from the banks.
For the next year we heard from several collection companies but a
few notices and they all disappeared.
So, I decided to share my knowledge with other people who had been
addicted by easy credit and enticed by low interest rates just to be
screwed by rate increases, layoffs, firings, or what ever.
Then the unthinkable happened. I was sued by Discover Card.
No problem right? I know what I'm doing and how to prove the banks
are committing fraud, the contract is invalid, etc., etc. This will be
nothing more than an opportunity to prove my arguments in court. No
jury is going to side with a bunch of thieving bankers - right?
Boy was I in for a big surprise. Like most naive people, I really
believed judges were honest. That they would protect my rights,
liberty, and property. Give me a fair trial and due process.
Guess again.
And I'm not saying this because I'm a bad loser. Even though I am.
Here's a little article about the judge who was suppose to hear my
case but in fact prosecuted the case on behalf of Discover Bank and
its less than competent attorney:
http://www.kentuckylawblog.com/2006/02/news_judge_bamb.html [1]
Not all was lost. I learned a lot from this $2,300 fiasco. It
turned out to be money well spent.
I learned that judges can't and shouldn't be trusted. No matter how
polite and friendly they may act, they aren't your friend. They want
you to think you're getting a fair trial without having to actually
give you one. That way, you walk away wondering what you did wrong.
Not what they did wrong. Their whole purpose of existence is to help
their colleagues make money. Nothing more nothing less.
I also learned, since you can't expect a fair trial from the lower
courts, you have to be prepared to appeal. Something I didn't consider
at the time. Bad mistake on my part.
I also learned that you have to prepare for the trial from the very
beginning. You prepare the stage for winning in court with your very
first notice. From your first notice to the bank, or your first
collection agency notice, or your first collection attorney notice.
You've got to think and prepare like you're going to be sued.
Does this mean you'll be sued? Of course not. Ninety-eight percent
(98%) of the time everything goes just as planned. No matter, you
prepare for the worst. This preparation, using good effective notices,
doing everything correctly, improves your chances of complete success.
Attorneys at law are, in my opinion, useless slime. Nothing more
than common criminals using our court system to steal. But, they are
motivated by profit, they're greedy little slime balls. Generally,
they go for the easy money. When they have a chance of losing, they
usually fold their tents and go home. There's no profit in losing.
Once you appeal, they will cut their loses by not responding. Neither
they nor their clients are interested in spending money defending an
appeal. Experience shows, they seldom win if you appeal, for the right
reasons.
You can compare it to a football game. There are a lot of teams that
can move the ball between the 20 yard lines. These teams usually lose.
You don't win games unless you score. The secret of being a winning
team is being able to move the ball that last yard. To score. Or, in
our case, win in court. If you know how to win in court you control
the out come.
If you can win in court, attorneys don't want to play ball with you.
You win by default.
This is what collection attorneys do. They know that 80% of the
people they sue will do nothing, they win by default. This is what
makes their stealing so profitable.
By the same token, if these attorneys have a choice between suing
you and having to fight you all the way to the U.S. Supreme Court, or
going after the next squarely little loser on their list, which do you
think they'll do?
DOES WHAT WE\'VE LEARNED WORK?
You be the judge.
Of the 17 plus cards I've eliminated over the years, I've been sued
by Discover and just recently HSBC. HSBC was a card I acquired later
for additional research purposes .
HSBC filed its suit on 3/23/07. I requested discovery, filed my
answer and counter claim, and then motioned for a summary judgment. At
a motion hearing on 08/17/07 HSBC made me a proposition - if I agreed
to dismiss my complaint they would dismiss theirs. They were admitting
they couldn't prove their case. They couldn't prove I owed them money.
I walked away owing HSBC nothing.
And this just in:
_Wednesday September 5, 2007__ _
_ Jim,__ _
_ I received good news in the mail today. Plaintiff filed a
voluntary motion to dismiss. __ _
_This suit must be costing them more than they're willing to risk. I
think plaintiff was appraising its claim and action toward defendants.
__ _
_Plaintiff denied all the admissions, but asked for more time on the
requested documents.__ _
_ In the beginning they probably thought we wouldn't fight back.
More than likely we wouldn't have if we hadn't discovered your website
and signed up for your program. __ _
_My wife and I have received a very rewarding education about the
subject matter on your website.__ _
_ euragge _
This may sound a little cavalier; but, credit cards are a scam and
debt collectors are con artists. And, like any scam or con game, if
you know the rules, how to play the game, you can beat them.
We learned the rules. We made a few minor changes to our notices and
we started billing the banks for the unauthorized use of our property.
Here's the great part. For the bank to file suit, they must admit
and prove they have our property. Then it is just a matter of proving
the bank is using that property without our authorization. This is
done with an affidavit and a copy of the notice. Very simple but very
effective.
Now, we can bill the bank each and every month until they return our
property.
How much?
We let the bank decide that. We use the highest line of credit the
bank has offered. So, if your line of credit is $5000 - you bill the
bank $5000 each month until they have returned your property.
As you can see, if the bank claims you owe them $5000 and you're
billing the bank $5000 a month, it doesn't take long for the bank to
owe you a lot more than you allegedly owe them.
Which, is good. Now, it doesn't matter if you owe the bank or not.
After all, they owe you more. And, based on your God given and
Constitutionally protected right of equal protection under the law -
the bank is going to have to pay you the difference.
This is why the banks and collection agencies are very reluctant to
sue. And when they do screw up and sue, they are pretty quick to want
to dismiss their complaint. They have more to lose than you.
So, if you're tired of being nothing more than an ATM machine for
bankers - there's hope.
You can be free of these parasites by using the exact same
information and documents that I used.
"Ask and it will be given to you; seek and you will find; knock and
the door will be opened to you. For everyone who asks receives; he who
seeks finds; and to him who knocks, the door will be opened."
Matthew 7:7-8
KNOWLEDGE IS POWER.
You can learn everything I've learned over the past 10 plus years,
as well as everything we learn in the future, and get immediate access
to all of our most recent and very effective information by becoming a
member of Milktoast.info.
"An investment in knowledge always pays the best interest."
- Benjamin Disraeli
The Question: "Do banks actually lend you money when you use your
credit card?"
Answer: "My guess is, most people would say 'yes.'"
Question Behind the Question: "If banks actually lend money, where
do they get it all?"
According to the business news, Americans are $3.3 Trillion in debt,
not including their mortgages. Add in mortgages and you're looking at
over $21 Trillion. And this doesn't include corporate loans or
government loans the banks have made.
So, where did the banks get all this money to lend? The answer has
been available, from the Federal Reserve Banks themselves from as far
back as the 1960's. They create this money out of thin air.
Next Question Behind the Question: "If banks don't actually lend you
anything, why would you even consider repaying it?"
SIMPLE STEP-BY-STEP GUIDE
The Instant Elimination Toolkit is a simple step-by-step guide to
eliminating credit card debt.
So, if you're ready to turn the tables on the banks and go from
being a debtor to a creditor you can have lifetime access to The
Instant Elimination Toolkit along with lifetime support for a one time
fee of only $497.
And, just to make sure you aren't taking any risk. We offer a 30 day
money back guarantee. If you're not completely satisfied with the
information in our Toolkit - for any reason, or for no reason, we'll
happily refund your membership fees anytime during the first 30 days.
"If you do what you've always done, you'll get what you've always
gotten."
- Anthony Robbins
BONUS: All members get a complimentary copy of our eBook - DEALING
WITH THE IRS - a $997 [2] value.
Respectfully,
P.S. There's really nothing more exciting or exhilarating than
beating a "professional" attorney at their own game. Imagine beating
Tiger Woods at golf, Peyton Manning at football, Jeff Gordon at NASCAR
racing, or hitting a home run in the majors. That's the kind of high
you get winning the credit card game. Its a high you can't imagine -
you have to experience it. Best of all, its legal and anyone can do
it.
Are you ready to turn debt into gold?
- Click To Become A Member [3] -
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Updated: 09/21/07
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