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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (51781)	1/27/2006 4:40:06 PM
From: shades	Read Replies (1) \| Respond to of 110194

It always amazes me how little money is needed to convince an able bodied person to not pursue work. I have a tenant just a few years older than I am, who is now in good health, but who still receives a disability benefit of $600 a month because she had some health problems years ago which made her eligible for SSI. If she got a part time job paying 12k a year she'd do better, especially with the earned income credit, but she doesn't want to lose that pittance. It's not like she doesn't have any skills, she is a registered nurse! So she takes "off the books" low paying work like dog walking to supplement what she receives from the government. It's a very poor strategy on her part. She has lower stress, no daily committment to a high stress job, more time to watch oprah and FEAR factor or talk to her friends online and play scrabble - typical grace - only looking at DOLLAR figures - not quality of life issues. Philster says by 2007 - lots of appraisers and loan officers will be going to jail - today on CNBC several said the miami lawyers are about to hit the goldmine from all the lawsuits from thier condo problem.