On Jan 27, 8:05*pm, "nom=de=plume" wrote:
"Jack" wrote in message

...
On Jan 27, 6:52 pm, "nom=de=plume" wrote:





"Eisboch" wrote in message

m...

"nom=de=plume" wrote in message
...
"Eisboch" wrote in message
om...

Just finished reading this. It's worth consideration, I think.

Short summary can be viewed and read he

http://www.house.gov/ryan/press_rele...ses/RoadmapSum...

Detailed report with the numbers to back it up he

http://www.house.gov/budget_republic...dmap_detailed_...

Have fun,
Eisboch

Competely DOA as thunder said. Now is the time to spend money not
contract. If the private sector doesn't create jobs, the gov't must.
This
was learned the hard way by the Hoover administration.

Pssst... (looking around nervously) .... the "gov't" is broke.....

Eisboch

No it isn't. It's called deficit spending.

Broke implies insolvent or lacking in funds.
"Deficit spending is the amount by which a government, private
company, or individual's spending exceeds income"

Let's see... I spend more than I make, so I'm lacking in funds, so
therefore I'm "broke".

Really? So, I guess you've never purchased anything on your credit card that
you couldn't immediately afford. You've never bought a house, because you'd
be unable to pay off the mortgage immediately. Same goes with a car.

Having a line of credit and being broke are not mutually exclusive.
Signing up and getting credit neither rescues you from being broke,
nor does it protect you from it. In fact, it exposes you even more to
the possibility of ending up broke.

Never heard of an entity overextending their credit line or buying
such a large house that they become insolvent, broke, and ultimately
they have to file for bankruptcy? Really? Someone is broke, uses a
line of credit, then are still broke and can't service that credit?

If you're broke and you have to reach into a line of credit to buy
some gas, you aren't "less" broke when your tank is full. In fact,
you're even more "broke".

Sure you went to school? They taught this basic stuff at least by the
8th grade or so.

Just... think.

Good advice.

Yep, hope you take it!