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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: GraceZ who wrote (51018)	1/23/2006 5:29:38 PM
From: shades	Read Replies (1) of 110194

If I compute prices based on a percentage of income basis, I spend less on the same basket of goods than I did 10 years ago. I see - so why 42% have no money down? This would mean that while my "rent" might have risen, I'm spending less of my income on it. YOUR income sweet Grace - but I read so many articles that peoples income aint what it used to be compared to necessities - in aggregate - from harvard folks who cherry pick data. the property. Since my income has risen with inflation, this would automatically make the payment shrink in percentage terms! What was aggregate rent rate in 1980? What is it today? You can claim that I should only talk IN AGGREGATE and not use my personal examples and then invoke yours. Written by people who are economic illiterates with a Marxist ideology. Grace - I am amazed you stay in society - all these leeches holding you back - you are a self made woman who never needed a helping hand from anyone or anything. how do those increasing poor move up through the quintiles and replicate your success? accepting government assistance guarantees that you will remain poor. I dont understand why that childrens home took you in, or why you didn't run over to iraq when you ran away where you dont get any free handouts on the street like you did - or loans to college either. Ironically this is the exact opposite of the intent of the proponents of government assistance... or is it? Haha - my poor redneck buddies that used to vote blue said - got to keep those donkeys in power - they pay off the lazy people in society so they dont get mad and want to rob you - hehe.

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