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This is true, The average American today is about 30-60,000 dollars in debt, so naturally if you get money back you're going to pay some bills down or off. I know I would if I was in debt.
Thats all, I'm effed then. I think I owe about $150,000 or so. 2 cars paid off, 1 car note, 1 house note, and some credit card debt. If I sell the Mustang that'll wipe 11k of it
Best way to get out of debt? Do what I'm working on- get Donald Trump or Bill Gates to sneeze on you, say you got the flu and had to stay home from work causing you to get fired, then sue the sneezer for emotional distress and 20 million dollars. Then they'll pay you like 8 million dollars to never bother them again.
The problem with our economy isn't the politian's fault. It is the individuals who are buying $400k houses on a $70k income thinking they will be fine with their interest only loan. Too many people are living outside of their income. Just wait until this passes and all these people are pissed when they can't retire because they have no savings
What?! You have to actually pay for the house or they will forclose on it?!
B: Use some of the reserve oil and put it in the market to make the prices go down atleast $0.50
Aren't the reserves there in case of a major emergency or shortage? I have heard arguments both for and against using the reserves, and I am not convinced either way.
The problem with our economy isn't the politian's fault. It is the individuals who are buying $400k houses on a $70k income thinking they will be fine with their interest only loan. Too many people are living outside of their income. Just wait until this passes and all these people are pissed when they can't retire because they have no savings
What?! You have to actually pay for the house or they will forclose on it?!
This is so true. So many people maxed out their spending potential with a low ARM. When the rate went up, they could not afford the payments. What part of ARM were they confused about? :slap: Now the gov't is bailing them out! :rant:
I agree with you Eric, we have a borrow happy culture. Banks carry some blame here because they let people borrow past their potential to pay back. They push ARMs and IO loans, and borrowers are too stupid to understand the impact.
These people that are blowing all of their cash and relying on social security are in for a major disappointment.
Aren't the reserves there in case of a major emergency or shortage? I have heard arguments both for and against using the reserves, and I am not convinced either way.
This is so true. So many people maxed out their spending potential with a low ARM. When the rate went up, they could not afford the payments. What part of ARM were they confused about? :slap: Now the gov't is bailing them out! :rant:
I agree with you Eric, we have a borrow happy culture. Banks carry some blame here because they let people borrow past their potential to pay back. They push ARMs and IO loans, and borrowers are too stupid to understand the impact.
These people that are blowing all of their cash and relying on social security are in for a major disappointment.
I agrre with all this to a "T". I'm actually kinda pissed off I have to make my house payment and gov. is not helping me out for not being an idiot. I think I'm gonna go to Burger King and spill coffee on myself, so I can sue them :rolleyes:
Aren't the reserves there in case of a major emergency or shortage? I have heard arguments both for and against using the reserves, and I am not convinced either way.
Indeed they are but I dont think that if you let out a couple million of the 300 Million barrels we have that it will effect it that much when they will put it right back anyway.
Here in NC we still have the state tax on our gas prices (Unlike just about every state in the US who doesnt) $0.47 of every dollar goes to the great state on NC. so if they take the tax off we'd be okay here. My previous statement "B" would benefit the US, maybe even the world.
Indeed they are but I dont think that if you let out a couple million of the 300 Million barrels we have that it will effect it that much when they will put it right back anyway.
But that is just using tax payer's money to try to reduce the price. So I pay less in gas, but pay more in taxes? I do not see how this helps.
Here in NC we still have the state tax on our gas prices (Unlike just about every state in the US who doesnt) $0.47 of every dollar goes to the great state on NC. so if they take the tax off we'd be okay here. My previous statement "B" would benefit the US, maybe even the world.
Don't most states? Maine just hiked their gas tax by like 40 cents.
cheny is a "snake" he is the one running the country bush is just his puppet. chenys sole goal is to get the executive branch more power, checks and balances dont mean anything to him. he basically wants it so that the president can do ANYthing war related without approval from congress or anyone else. hes someone that needs to be watched.
I just got back from Iraq,
I will send video,pics of the work we do there to anyone who wants to see it from an infantrymans point of view.
I am not a war-monger, but I personally feel like I left before our job was done.
cheny is a "snake" he is the one running the country bush is just his puppet. chenys sole goal is to get the executive branch more power, checks and balances dont mean anything to him. he basically wants it so that the president can do ANYthing war related without approval from congress or anyone else. hes someone that needs to be watched.
I don't think Vice Pres. Cheney has anything to do with this. This is way before him. We're talking about Bush Sr. era.
As far as without Congress approval THAT IS COMPLETELY BS!!! I've been hearing that since Bush Sr. era when in truth Congress backed him up all the way. History is already showing this to be true and Bill Clinton lied about it during his campaign and the liberal media backed him up in order to get a Dem. President in the White House.
90% of the Demo. voted for this current war and so did most of the Rep. Sen. Obama is one of the few who didn't vote for this and Hilary is wishing that she never did. You see what I mean. In time History will judge Bush Jr. and I have a notion that History will be in his favor.
Indeed they are but I dont think that if you let out a couple million of the 300 Million barrels we have that it will effect it that much when they will put it right back anyway.
Here in NC we still have the state tax on our gas prices (Unlike just about every state in the US who doesnt) $0.47 of every dollar goes to the great state on NC. so if they take the tax off we'd be okay here. My previous statement "B" would benefit the US, maybe even the world.
As far as without Congress approval THAT IS COMPLETELY BS!!! I've been hearing that since Bush Sr. era when in truth Congress backed him up all the way. History is already showing this to be true and Bill Clinton lied about it during his campaign and the liberal media backed him up in order to get a Dem. President in the White House.
90% of the Demo. voted for this current war and so did most of the Rep. Sen. Obama is one of the few who didn't vote for this and Hilary is wishing that she never did. You see what I mean. In time History will judge Bush Jr. and I have a notion that History will be in his favor.
I don't think Vice Pres. Cheney has anything to do with this. This is way before him. We're talking about Bush Sr. era.
As far as without Congress approval THAT IS COMPLETELY BS!!! I've been hearing that since Bush Sr. era when in truth Congress backed him up all the way. History is already showing this to be true and Bill Clinton lied about it during his campaign and the liberal media backed him up in order to get a Dem. President in the White House.
90% of the Demo. voted for this current war and so did most of the Rep. Sen. Obama is one of the few who didn't vote for this and Hilary is wishing that she never did. You see what I mean. In time History will judge Bush Jr. and I have a notion that History will be in his favor.
You should watch the PBS link I posted. I feel that you would find it informational and interesting :tup:
Black \'94 Trans Am A4- SLP CAI & Loudmouth<br />Red \'93 Firebird A4- Ram Air under the WS6 hood, !cat, exhaust.
Still trying to find oil leak on my Camaro, it’s a tough one. I think it is the oil pressure sender myself. Leaking when raving and going into boost....
3 days ago
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