Which is why so many people are in foreclosure on their homes, they bit off way more than they could afford to.....
On Fri, Oct 31, 2008 at 11:17 AM, Micheal Espinola Jr < [EMAIL PROTECTED]> wrote: > Being in a situation where you cannot pay off all of your debt is the > same as being broke in my book. > > I beleive that thinking otherwise is what puts so many people in > financial straits. > > -- > ME2 > > > > On Fri, Oct 31, 2008 at 12:05 PM, Chinnery, Paul <[EMAIL PROTECTED]> wrote: > > We're not broke. $14 trillion GDP. I don't like the size of the nat'l > > debt either but it's a bit of a stretch to say we're broke. > > I'm not too worried about China dumping dollars as it would inflict a > > massive hit to their nat'l economy which could lead to political trouble > > on a large scale. > > What I do worry is the diplomatic pressure they could put on the > > administration beause of holding a large share of Treasury bonds. > > > > > > Paul Chinnery > > Network Administrator > > Memorial Medical Center > > 231-845-2319 > > > > -----Original Message----- > > From: Micheal Espinola Jr [mailto:[EMAIL PROTECTED] > > Sent: Friday, October 31, 2008 6:23 AM > > To: NT System Admin Issues > > Subject: Re: So... how is the recession affecting your buying decisions? > > > > We are a broke nation. We need a tax increase - like it or not. Maybe > > they can be lowered again if/when we have another surplus. But right now > > there are nations (primarily China) who have the potential to > > financially dismantle us. They promise not to, but they could. > > > > Talking actual "cuts" in taxes is ludicrous. > > > > -- > > ME2 > > > > > > > > On Thu, Oct 30, 2008 at 10:08 PM, Benjamin Zachary - Lists > > <[EMAIL PROTECTED]> wrote: > >> Wait was the tax increase at 250,000 , 200,000 or 150,000 ?? it keeps > >> changing. > >> > >> > >> > >> What they ARENT mentioning is EVERYONES taxes will go up because they > >> aren't renewing the Bush Tax Cut in 2010. > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ > > <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > > > > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > > > > ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ > ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~ > -- Sherry Abercrombie "Any sufficiently advanced technology is indistinguishable from magic." Arthur C. Clarke ~ Finally, powerful endpoint security that ISN'T a resource hog! ~ ~ <http://www.sunbeltsoftware.com/Business/VIPRE-Enterprise/> ~
