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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (37786)	11/30/1998 8:24:00 AM
From: accountclosed	Respond to of 132070

Your analogy about seeing leaves twist around and that causes the wind might be true of yourself. Everything I see and say is skewed by my bearish expectations, of course. Perhaps you see what you see and that has provided a foundation for your bearish expectations.

To: Tommaso who wrote (37786)	11/30/1998 8:27:00 AM
From: accountclosed	Read Replies (1) \| Respond to of 132070

I have follow up on the discussion last night about reducing debt/restructuring debt. I contend that it is not the vehicles themselves that are bad, but lack of discipline in using the vehicles which is bad. What is your scenario in the downturn that causes you to be debt fearful? If we are headed into something really bad, like where many lose jobs and default on home mortgages, etc., it might not be such a bad idea to have a clutch of credit cards put away in the desk drawer to use to buy groceries and pay the mortgage if things get really bad. Depending on how doomsday your scenario is, survival is always paramount.