wrote in message
oups.com...

"Wilbur Hubbard" wrote:
........ Ask yourself do you
have time payments, mortgages, preposterous gadgetry and playthings
that
divert your attention for the sheer idiocy of the charade?

Other than the boat(s) you mean?

For some of us boats are anything but playthings and diversions. For
some of us boats are a way of life. But, I don't suppose you'd know
about that.


.... If anybody
but myself answers negative on all the above then he is a liar.

That's right, pat yourself on the back.

Not only am I right but I am a realist enough to know it.


..... I'm
willing to wager that I am the only asa subscriber who has and never
has
had time payments, has and never has had a mortgage in his entire
life.

So what? What si the point of *never* utilizing credit? That would be
every bit as stupid as *always* using credit.

The point is you don't need credit. It's just another way to spend above
your means. More importantly, as Hayden points out, it's a way to be
trapped by the system. It's a method of slavery.

There are times when it is cheaper to borrow than to pay cash.

It is NEVER cheaper to borrow than to pay cash. If you can manage to
borrow without usury then it's even steven. But who borrows without
usury these days?

Wilbur Hubbard