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  • 10 Reasons to Believe That We're in a Depression [View article]
    marvin, I've enjoyed your candor here. It is a breath of fresh air. With everyone still stuck behind "recession", few will be prepared to meet the coming dark years.

    Folks, better think about increasing your stocks in the coming weeks. And, I don't mean the financial kinds either. More like the kinds in your pantry, your medicine cabinet, and other essential items we all take for granted.
    Nov 19 17:24 pm |Rating: +10 -4 |Link to Comment
  • On Second Thought, Obama Drops Pay Regulations [View article]
    Well, I guess he dropped the witch hunt when he got word that blogs had picked up the FACT that Michelle received a salary increase of $317,000 pa. AFTER Barack was elected US Senator. And there was some confusion whether this was for PART-TIME work at the Univ. of Chicago Hospital. After Barack went to DC, he proposed a ONE MILLION grant to the same hospital to "build a new pavilion".

    Just google "Michelle Obama 317"
    Jun 11 23:34 pm |Rating: +4 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Obama has a double standard.. it is not OK for people in the business world to be generously compensated for a job that they work hard at and contribute some value to. But is IS OK for his wife to make $317,000 a year for a 1/2 time job at some Chicago Hospital and provided NOTHING of value to!
    Jun 11 20:21 pm |Rating: +5 0 |Link to Comment
  • Do You Believe Borrowing Leads to Prosperity? (Part 2) [View article]
    Hey James, great statement of facts surrounding the "norms" of a large segment of Americans. It is almost unbelieveable that this cancerous immorality has reached the highest offices of our government, whose overt behaviors obviously condone their disciples total abuse of credit.
    May 08 05:40 am |Rating: +5 -1 |Link to Comment
  • The Sun Is Shining on Wall Street [View article]
    On Nov 24 12:08 PM Smarty_Pants wrote:

    > Assume they took $300,000 out in equity, yet they were foreclosed
    > upon when the payment increased by $1800/month. What happened to
    > the $300,000? If they had used it only to make mortgage payments
    > they would still have more than half of it left after 3 years and
    > would have had their entire income to save.
    >
    > Think maybe they spent it on "stuff" that they otherwise wouldn't
    > have bought? I'd guess so, but I don't know.


    I agree with your presumption that they "maybe" spent the ~$300K on "stuff"... as undoubtedly millions of other people also did. Now all those Hummers, jetskis, ATVs, et.al are all showing up "forSale", as they struggle with reality once again.
    Nov 25 00:54 am |Rating: 0 0 |Link to Comment
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