Columbus Day
On 05/10/2011 6:06 AM, X ` Man wrote:
On 10/4/11 11:22 PM, Canuck57 wrote:
On 04/10/2011 6:57 AM, X ` Man wrote:
Columbus Day is coming up…let's celebrate by walking into someone's
house and telling them we live there now!
Why? Are you expecting a repo notice?
Can't get me, I owe zero.
Wherever you were, you should have stayed.
Columbus Day reminds me of what followed Columbus: genocide, racism,
destruction of the environment, imperialism, destruction of indigenous
cultures, massacres on religious grounds.
After paying off my residence in the early 90s, I vowed no more need for
debt in my life. That is how you become rich, you stop payng other
people for money.
Take a run of the mill credit card. Say your a perpetual debt junky and
have $10,000 on the credit card month to month because you want to feed
that envy and selfish needs for stuff right now. $225/mo in fees over
40 years is a lot of cash. If you put $225 a month into a ROTH,
invested it at average yield of 6%, in 40 years you would ahve over
$400K of tax paid cash.
So by being greedy and myopically selfish in denial of reality, your
unpaid balances of just $10K on the credit card is a $400K+ bonus you
gave to the bank in a 40 year work career.
People don't think about debt, just their greed and ways to deny reality.
--
Eat the rich, screw the companies and wonder why there are no jobs. But
we have big huge government we can't afford...
-- Obama and the lefty fleabagger attitude
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