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Joined: Sep 2004
Posts: 29,383
Campfire Ranger
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Campfire Ranger
Joined: Sep 2004
Posts: 29,383 |
Sweet Jesus, leave it to a foreigner to point out the merits of the idea.
First up, if the Government gives interest free loans to a section to the community and not all, the first court case will ensure you all get the same consideration.
Secondly, tell BLM that the muslims are going to get something for free that they aren't...cops and whites get a break and instant entertainment.
I suggest you support the idea for all it is worth before a Rothschild realises what is happening.
Right on the money as always
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Joined: Nov 2005
Posts: 22,736
Campfire Ranger
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Campfire Ranger
Joined: Nov 2005
Posts: 22,736 |
My home is the "sanctuary residence" for my firearms.
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Joined: May 2003
Posts: 13,384 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: May 2003
Posts: 13,384 Likes: 2 |
"Personally I have no trouble with it. ...
Sharia compliant, and they pay more taxes. ... What makes you think they will pay taxes? Most all, being parasites, will be sucking at the taxpayers' teat, taking advantage of every welfare gimme gimme the liberals ever thought of. L.W.
"Always go straight forward, and if you meet the devil, cut him in two and go between the pieces." (William Sturgis, clipper ship captain, 1830s.)
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Joined: Aug 2005
Posts: 43,766
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2005
Posts: 43,766 |
"Personally I have no trouble with it. ...
Sharia compliant, and they pay more taxes. ... What makes you think they will pay taxes? Most all, being parasites, will be sucking at the taxpayers' teat, taking advantage of every welfare gimme gimme the liberals ever thought of. L.W. Yes, the federal IRS bureacracy will create special rules allowing Seattle Muslims to skip paying taxes. How could I have not foreseen that?
“ The Savage 99 Pocket Reference”. All models and variations of 1895’s, 1899’s and 99’s covered. Also dates, checkering, engraving.. Find at www.savagelevers.com
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Joined: Jan 2006
Posts: 69,403 Likes: 5
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2006
Posts: 69,403 Likes: 5 |
from another article: In order to be “Sharia-compliant,” payment must be tied to a physical asset. As USA Today explained, “Instead of interest, investors are being rewarded with a share of the profit derived from the asset.” In the case of an Islamic mortgage, a bank buys the property itself. The customer then buys the property back from the bank at a higher price. If they won't buy insurance, I can't see any bank falling into this hell hole. They have their own stockholders who must be protected. The city will have to insure the properties at an enormous cost.
“In a time of deceit telling the truth is a revolutionary act.”
― George Orwell
It's not over when you lose. It's over when you quit.
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Joined: Apr 2011
Posts: 151,746 Likes: 15
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,746 Likes: 15 |
They are probably giving them free gas stations too.
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Joined: Jun 2007
Posts: 29,786
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 29,786 |
They are probably giving them free gas stations too. Will not happen in your lifetime as it would piss the indians (dot) off...and the government knows that if the indians get irritated the whole internet and online banking will come to a stand-still. And as an aside I have worked out why there is a lag and occasional stoppages when using EFTPOS or online banking, apparently the wee little black indian at the other end of the line has taken time out of his busy schedule to ring my house and try to sell me stuff I have no interest in. So it is my fault.
These are my opinions, feel free to disagree.
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Joined: Sep 2005
Posts: 272
Campfire Member
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Campfire Member
Joined: Sep 2005
Posts: 272 |
from another article: In order to be “Sharia-compliant,” payment must be tied to a physical asset. As USA Today explained, “Instead of interest, investors are being rewarded with a share of the profit derived from the asset.” In the case of an Islamic mortgage, a bank buys the property itself. The customer then buys the property back from the bank at a higher price. If they won't buy insurance, I can't see any bank falling into this hell hole. They have their own stockholders who must be protected. The city will have to insure the properties at an enormous cost. Easy fix, add ins. cost to loan total and the muzzy can also claim to not buy ins. . A new pool of debtors that have to pay all interest? The banks will be all over this one.
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Joined: Sep 2003
Posts: 23,468 Likes: 7
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,468 Likes: 7 |
I'm sure somebody will be making a pile of $ on these "interest free" loans.
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Joined: Dec 2009
Posts: 4,638
Campfire Tracker
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Campfire Tracker
Joined: Dec 2009
Posts: 4,638 |
Not sure why Seattle has to get involved. Isn't there an Akbar National Bank somewhere that can be merciful and help the goat fuggers stay true to their religion?
I probably hit more elk with a pickup than you have with a rifle. I have yet to see anyone claim Leupold has never had to fix an optic. I know I have sent a few back. 2 MK 6s, a VX-6, and 3 VX-111s.
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Joined: Jan 2010
Posts: 13,183 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2010
Posts: 13,183 Likes: 1 |
Help me understand why this is a big deal.
Add all the interest and insurance for the life of the loan and add it to the purchase price. They're paying as much (likely more) as anyone else.
They're not getting a deal in any way.
P
Obey lawful commands. Video interactions. Hold bad cops accountable. Problem solved.
~Molɔ̀ːn Labé Skýla~
Member #547
Join date 3/09/2001
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Joined: Dec 2000
Posts: 39,301
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2000
Posts: 39,301 |
Help me understand why this is a big deal.
Add all the interest and insurance for the life of the loan and add it to the purchase price. They're paying as much (likely more) as anyone else.
They're not getting a deal in any way.
P They are getting a deal, it's just not a good deal, in fact they could easily get screwed when they sell. I the bank takes takes the interest and insurance first and puts little or nothing on the principle when the muslim POS owner tries to sell the pay off would still be huge. Another thing would be the LTV at sale. Even with a lot of increase in property values they could easily still be upside down in ten years.
The first time I shot myself in the head...
Meniere's Sucks Big Time!!!
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Joined: Jul 2005
Posts: 10,925
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2005
Posts: 10,925 |
"interest free" is deceptive.
There would be no interest rate on the loan, but the purchase of the home would be at a higher cost that would equate to a loan with interest.
So instead of buying a $150,000 house at 5% interest on a 15 year loan and paying $213,514 over 15 years, the bank would buy the house at $150,000 and sell it to the muslim for $213,514 with monthly payments over 15 years.
The interest is still paid.. just not as interest.
Stupid semantics. Wrong. The appraised value is what a lending institution will loan. Appraised values don't include interest rate add ons. Muslims get bent over just like everyone else, or they write a check for the sale price.
All American
All the time
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Joined: Dec 2000
Posts: 39,301
Campfire 'Bwana
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Campfire 'Bwana
Joined: Dec 2000
Posts: 39,301 |
"interest free" is deceptive.
There would be no interest rate on the loan, but the purchase of the home would be at a higher cost that would equate to a loan with interest.
So instead of buying a $150,000 house at 5% interest on a 15 year loan and paying $213,514 over 15 years, the bank would buy the house at $150,000 and sell it to the muslim for $213,514 with monthly payments over 15 years.
The interest is still paid.. just not as interest.
Stupid semantics. Wrong. The appraised value is what a lending institution will loan. Appraised values don't include interest rate add ons. Muslims get bent over just like everyone else, or they write a check for the sale price. The down payment on such a loan would be somewhere around 50% if the paper were to be sold to Freddy or Fanny. The only hope would be a bank that holds it's own paper. They are out there but not many.
The first time I shot myself in the head...
Meniere's Sucks Big Time!!!
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Joined: Nov 2008
Posts: 16,610
Campfire Ranger
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Campfire Ranger
Joined: Nov 2008
Posts: 16,610 |
WTF is wrong in Washington state. It's called King County and the Democrat Party. People think of WA State of some liberal bastion. When you get out of the bigger cities and into the counties, they are highly populated with some of the most conservative people I have met in the country. Just another case of cities shoving policy down everyone's throats.
"Hey jackass, get your government off my freedom."
MOLON LABE
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