To: Kevin Rose who wrote (133654 ) 3/27/2001 12:48:42 PM From: Neocon Respond to of 769667 You are quite right, there is an irreducible element of luck, and some people have quite bad breaks. On the other hand, sometimes hard luck stories don't hold up. For example, I worked at Howard Johnson's washing dishes one summer during college. There was a waitress working the night shift, ostensibly in order to pay for the kids clothes and some "extras". Then I found out that when she went to work, she had bought a brand new Cadillac, which very likely ate most of the money she brought in (Lord knows what her husband drove). Similarly, I had friends in New Mexico, a couple, who both worked, and who groused about their income. Only they insisted on buying a house in their 20s, and when the wife started commuting from Albequerque to Santa Fe, her in-laws put the down payment on a fancy car that cost them payments of $350 a month, plus high insurance because it was sporty. I once read a story in the Washington Post lamenting how 20- something yuppies living in Manhattan could not find decent accommodations without subsidy from Mom and Dad. Only they meant places in nice neighborhoods, like the Upper East Side, with doormen and elevators. Out of curiosity, I checked on the Web. One could have gotten a walk up in Chelsea, which is a nice enough neighborhood, but not "tony", for half the price quoted in the article. One of the first things my sister- in- law did when she got a good job in California, many years ago, was buy a (used) Alfa Romeo. She almost never drove it, because she couldn't afford the insurance or upkeep. Nevertheless, she refused to get rid of it, and kept it under a tarp for years. When she moved to the East Coast, she took the car with her, to rust under a tarp in New Jersey. She also maxed out her credit cards, and had to cut them up, because she had little concept of budgeting............