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Help for poor to access banking

Posted February 20, 2009 12:24 PM

From BBC News | Technology | World Edition:

Bill Gates' charitable foundation has pledged $12.5m to help people in developing countries with no bank account. Working in conjunction with the mobile phone industry, the foundation aims to help provide a basic service that local banks are unable or unwilling to give.

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Anonymous Poster
#1

Re: Help for poor to access banking

02/21/2009 1:32 PM

Geeeehhhhhh! That's sound fantastic. The thing with the banks mainly is that if we doesn't have the money then none is given in such cases, shame shame shame. Similary to get a good job offer opportunity without the experience which is a 'No Win Situation' wrigth from the start, no escape from the rat race. What we can do!

Hopefuly the new administration become with some differents rules for the game otherwise we'll be back to the same old same old eternal story. Never End!

For the 'Common Joes' it been a 'Financial Crisis' since the begining of the money invention. But hey who knows probably such cycle break out at some point soon,I hope! It's hard to tell because the rules of the games are set-up for the ones with the money already made. Doesn't? No way out,can't win. Then in top of everything we have the 'Credit Bureaus' scores barriers which make all a nigthmare further. Then the cumulative punishments interest aggravations to top it up even harder. Never finish. I don't know my friends to me the whole financial systems will need a refurbish it make up in order to spread the wealths all around the world in order to break even everyone near future before it got too late for the 'Common Joes' endegereous species, too bad for the millions at such boat. I will only migth say let's way for the best and hang in there Buddies something will give at some point down the avenue.

Show me the Money,

MC

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#2
In reply to #1

Re: Help for poor to access banking

02/22/2009 8:23 AM

"For the 'Common Joes' it been a 'Financial Crisis' since the beginning of the money invention."

That's because, they had to do it the old fashion way; they had to earn it.

Of course, now in the new enlightened times we can do it the progressive way; we can simply print it.

I left home with absolutely nothing. I had no prospects and I had no money; poor as dirt. I may not be rich, but I am a whole lot better off today than I was then. Nobody gave me anything and everything I have today was the fruits of hard work, not wealth distribution.

Yes, the USA is blessed, that is why so many people immigrate here every year. It is their best chance to start with nothing and build a prosperous life for them and their families.

The biggest reason why that is true is because we are a free nation. It is not a coincidence that some the poorest nations in the world are shackled by dictators and tyranny. Those people only have what they are given and little prospect to get more.

Lastly, no one will cherish what is given to them free as much as what is earned by them.

The idea of wealth redistribution is a sick, perverse idea. It is a cancer that demeans the humanity of people and their spirit. Simply put, an entity (government) steals from you to simply give part of those thefts to others.

Don't get me wrong, I am always willing to invest in people that are willing to help themselves. I think your heart is in the right place, but there is no such thing as a free lunch and embracing socialism (or more frankly, communism) as a means to elevate humanity is a false promise.

If you would like to understand this better, I strongly urge you to buy the book "The 5000 Year Leap" by W. Cleon Skousen.

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Anonymous Poster
#3
In reply to #2

Re: Help for poor to access banking

02/23/2009 9:38 AM

Geeeehh! No absolutly I do agree with you on that one. But you also know what I mean definetly, It will be great to give the fair chance for those which wanted to make it out as well just to break even all at once. This way no one get hurts any further due unbalancing wealth spreading around the whole world. That will be fantastic and everybody happy but yes I know is not easy to get everyone satisfied all at once. It will take some more negotiations and diplomacies than that, absolutly.

See in my personal case I'didn't had much luck with the 'HardWork' thing so far, so to me is not even yet much unfinished business and dissapointments all the time, unfortunatly yes but it gave me a clue of how unfair things migth be at same time, you know not the best experiences but experiences anyway. Nothing I can do! So, I end out in my case with an emptied account and in bad shape. Much similary to a reality 'Murphy Law' scenario or a 'No Win Situation' exccept for those hard earned dollars to go bye bye.

Never mind thats history now! But hey we'll never know at least something to share in 'the future' at least within myself since who wants to hear that stuff anyhow.

For the moment hanging in there and wait for the best at the end and forgot the rest.

---"They lied hard work did killed many people"---

MC

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