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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (20901)8/7/2007 10:35:56 PM
From: elmatador  Respond to of 217907
 
Post of the day! Threaders failed to realise that there's a lot of fat this country can shed and still be able to function.

This what you clearly explained the return to natural size. And we didn;lt touch "defense" budget!

But even defense can be spared if enough saber rattling is done and rich countries such as the GCC buy USD20bn of weapons to "fight" Iran.



To: KyrosL who wrote (20901)8/7/2007 10:37:19 PM
From: TobagoJack  Read Replies (4) | Respond to of 217907
 
USD 44,000 income

USD 10,000 taxes, one way or another
USD 24,000 mortgage, insurance, repairs, etc
USD 7,200 for 2 cars' payments and maintenance
USD 4,800 for basic food
------------------------------
USD 46,000

Deficit of USD 2,000, before education, clothing, trade war premium, real war negative, homeland defense waste, and non-essentials such as medical and dental

At HKD gasoline rate of USD 8 to the gal, an 1 hour each way commute in a pickup truck would come to ... whatever and a lot,

Recommendation: sell suburb, buy city center



To: KyrosL who wrote (20901)8/8/2007 9:41:13 AM
From: Metacomet  Read Replies (2) | Respond to of 217907
 
"The capacity for savings in the US is enormous..."

I think this may be questionable.

There is a widespread lack of recognition on how severe the damage to the earning and saving capacity of the average American has been as a result of the reverse Robin Hood policies of this administration.

There are more Americans living hand to mouth now than at any time since the last great depression.


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