Huum,,,
Me: no mortgage, no credit card debt, no auto loan, no personal loan,
..............

AND I OWN A SAILBOAT!

YES...

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"Wilbur Hubbard" wrote in message
...
In the thread, "the average boat owning idiot," I proved how stupid people
are when it comes to a choice between being rich and being poor. Most of
the replies demonstrated how pathetic the average American is when it
comes to understanding finances. Is it any wonder the average credit card
debt load, for instance, is close to ten grand. And, on this ten grand the
typical idiot is paying 23% interest or more.

Then, when you factor in mortgage debt, automobile debt, unnecessary toy
(boats, motorcycles, high end electronics, etc. debt into the equation you
will find the average American household is in debt to the tune more than
ten years worth of their income. Should they be out of a job (or jobs -
many are such gluttons for luxuries they don't need or deserve they must
work two jobs) for a month or two they are bankrupt. They have little or
no understanding of how one should be responsible by putting money aside
for a rainy day. If one does not have a cash cushion enough for six months
unemployment then one is an irresponsible fool especially if one has a
family to support.

Then you hear these very same financially irresponsible idiots (primarily
liberal Democrats who don't have a financial clue) complaining about the
national debt, or a projected government fiscal year budget deficit or the
trade imbalance all of which pales is in comparison to their own personal
debt and you just have to laugh at them. What a bunch of whining, crying,
moron losers. They disgust me with their ignorance and hypocrisy!

Wilbur Hubbard . .