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<p class=MsoNormal>I think this IS our rainy day. Now let's see what we
saved... ;)<br>
<o:p></o:p></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>---- <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Problem is, too many didn’t and now they want Uncle Sam
(the rest of us) to come and save them.<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Even more entertaining, they’re willing to break down the
walls between private enterprise and government control to do it. Hand
our money (taxes) to corporations to “bail them out” when they had
failing business models for years, and then allow the government to start
messing with things like private employment contracts… (yeah, I don’t
like it that executive pay is orders of magnitude higher than the workers in
those companies, but the SHAREHOLDERS of those companies are supposed to
regulate that, along with the Board, NOT the government)… right up until
the point when the government handed them money. Now only the government
officials can fly on the corporate jets, at my expense, and the people who
earned their jets (while the government shirked their regulatory duties for at
least four different President’s terms) can’t...? What does
this do to good American companies like Cessna, Piper, Boeing, etc? Seen
the newspapers in Kansas City lately? (Cessna laid off over 4000, perhaps
6000.) <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>I’m tellin’ ya, this is just a shell game…
moving the debt from the idiots who should suffer from it, to everyone, to try
to slow down the inevitable return to a society that feels living under $10’s
of thousands of dollars of unsecured debt, and $100’s of thousands of
dollars of not-so-secured debt, is an inappropriate way to live.<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Go ahead, I say to those who cheer this whole thing -- spend money
and see if that erases debt… (of course it can’t). Once that
fails (again), start thinking about living within your means again someday.<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><br>
Cash and carry for eight years, and planning to stay that way for the rest of
my life, even if it requires two jobs…<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>Nate <o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'>(Other than my very conservative 5.25% fixed mortgage that isn’t
likely to become a negative on any dumb bank’s balance sheet, because *<b>I</b>*
work hard to make sure it doesn’t… my wife’s student loan
which is the only type of debt you can erase at your death – hey, I don’t
make the rules, but it makes no sense to pay it off any sooner than necessary
other than interest, which is locked at an artificially low rate also, not
variable – and a final tiny bit of unsecured debt I have been paying off
for a decade that I never should have had, but is also locked at a very low
rate by shopping around for someone willing to take what they could get from me
instead of raping me blind. It’ll be gone this year. YAY!
Hang on to your ass if you have unsecured credit card debt, the bank lobbyists
are asking for a 33% usury rate! The banks ALWAYS get paid back, and will
get that 33% as soon as inflation starts, perhaps higher. I’ll be
looking to invest in them around that time, with all of their government limits
on executive pay, and high interest rates – it should be a good time to
be a shareholder! We all have the ability to have “Hope and Change”…
Change your opinion of how much you “need”, and then you don’t
have to “hope” you have a way to pay for your life or beg the
government to do so. Fiscal responsibility = true Freedom.)<o:p></o:p></span></p>
<p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";
color:#1F497D'><o:p> </o:p></span></p>
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