Comment Re:Believe it or not it's illegal (Score 1, Informative) 740
Yes I read the post, and he is investing the loan.
Follow me here.
Say I earn $1,000 dollars a month and that I also spend $1,000 a month. If someone gives me $1,000 dollars and a month I subsequently spend $1,000 on non-living expenses then which $1,000 dollars did I spend; the $1,000 I earn or the $1,000 given to me. Get my point? The correct answer is the $1,000 dollars given to me. It doesnt which $1,000 dollars I purport to have spent nor does it matter which physical bills I used. The fact or the matter is that if I had not been given the $1,000 I wouldnt have been able to spend $1,000 dollars on non-living expenses.
Follow me here.
Say I earn $1,000 dollars a month and that I also spend $1,000 a month. If someone gives me $1,000 dollars and a month I subsequently spend $1,000 on non-living expenses then which $1,000 dollars did I spend; the $1,000 I earn or the $1,000 given to me. Get my point? The correct answer is the $1,000 dollars given to me. It doesnt which $1,000 dollars I purport to have spent nor does it matter which physical bills I used. The fact or the matter is that if I had not been given the $1,000 I wouldnt have been able to spend $1,000 dollars on non-living expenses.
