"NE Sailboat" wrote in
news:Sf6Bh.4960$H77.944@trndny08:

And as the taxes go up and up and the middle class disappears,
government continues to give out huge pensions, and keep on spending.



Here's how bad it is:
http://www.brillig.com/debt_clock/
8.724 Trillion dollars

"The National Debt has continued to increase an average of
$1.57 billion per day since September 29, 2006!"

Noone will listen when I say the root cause of American collapse is the
Federal Reserve Bankers! They have consumed the country and stolen the
gold. It's gone and cannot be recovered without bloody revolution...just
like every other time in history.

Here. Watch the problem screwing up another TRILLION+ since October 1,
2006...just since then!
http://www.toptips.com/debtclock.html

Interest now consumes more than income from ALL of Federal Income Taxes.
How long can this go on without massive extinction? Can we just keep
printing those checks and wishing for the future with our heads up our
asses?

The 1930 dollar is worth 4 cents in 2007. The bankers did it, stupids!
The Federal Reserve Bank Corporation, owned by the elite of the elite.



Larry
--
Vista has been out a week.
Is Service Pack 1 ready yet?

I dunno. I think Congress did most of it.
Check out Robt. Samuelson's column in this week's Newsweek and some
newspapers. Better than 60% of the budget goes to "untouchable"
"entitlements".

"Larry" wrote in message
...
"NE Sailboat" wrote in
news:Sf6Bh.4960$H77.944@trndny08:

And as the taxes go up and up and the middle class disappears,
government continues to give out huge pensions, and keep on spending.



Here's how bad it is:
http://www.brillig.com/debt_clock/
8.724 Trillion dollars

"The National Debt has continued to increase an average of
$1.57 billion per day since September 29, 2006!"

Noone will listen when I say the root cause of American collapse is the
Federal Reserve Bankers! They have consumed the country and stolen the
gold. It's gone and cannot be recovered without bloody revolution...just
like every other time in history.

Here. Watch the problem screwing up another TRILLION+ since October 1,
2006...just since then!
http://www.toptips.com/debtclock.html

Interest now consumes more than income from ALL of Federal Income Taxes.
How long can this go on without massive extinction? Can we just keep
printing those checks and wishing for the future with our heads up our
asses?

The 1930 dollar is worth 4 cents in 2007. The bankers did it, stupids!
The Federal Reserve Bank Corporation, owned by the elite of the elite.



Larry
--
Vista has been out a week.
Is Service Pack 1 ready yet?

In article ,
Larry wrote:

"NE Sailboat" wrote in
news:Sf6Bh.4960$H77.944@trndny08:

And as the taxes go up and up and the middle class disappears,
government continues to give out huge pensions, and keep on
spending.



Here's how bad it is: http://www.brillig.com/debt_clock/ 8.724
Trillion dollars

"The National Debt has continued to increase an average of $1.57
billion per day since September 29, 2006!"

No one will listen when I say the root cause of American collapse is
the Federal Reserve Bankers! They have consumed the country and
stolen the gold. It's gone and cannot be recovered without bloody
revolution...just like every other time in history.

Guys and gals, I won't debate this subject, but offer that many of us
carry primary mortgages well in excess of our annual income, and that's
not generally considered a bad thing. (I admit that rec.boats.cruising
is atypical.)

The total national debt is a much smaller fraction of the US gross
income (GNP) than most of us carry personally. A slight difference of
dollar value would wipe that debt out, as occurred in the Clinton years.

--
Jere Lull
Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD)
Xan's NEW Pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/

Jere ,, funny .. I just read in the paper that foreclosers were going up up
up...

In fact, in some areas the real estate market is heading for the toilet.

Doesn't seem to bother the federal government. They just keep giving out
raises, big old pensions, etc.


We are doomed.


ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.


========
"Jere Lull" wrote in message
...
In article ,
Larry wrote:

"NE Sailboat" wrote in
news:Sf6Bh.4960$H77.944@trndny08:

And as the taxes go up and up and the middle class disappears,
government continues to give out huge pensions, and keep on
spending.



Here's how bad it is: http://www.brillig.com/debt_clock/ 8.724
Trillion dollars

"The National Debt has continued to increase an average of $1.57
billion per day since September 29, 2006!"

No one will listen when I say the root cause of American collapse is
the Federal Reserve Bankers! They have consumed the country and
stolen the gold. It's gone and cannot be recovered without bloody
revolution...just like every other time in history.

Guys and gals, I won't debate this subject, but offer that many of us
carry primary mortgages well in excess of our annual income, and that's
not generally considered a bad thing. (I admit that rec.boats.cruising
is atypical.)

The total national debt is a much smaller fraction of the US gross
income (GNP) than most of us carry personally. A slight difference of
dollar value would wipe that debt out, as occurred in the Clinton years.

--
Jere Lull
Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD)
Xan's NEW Pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/

NE Sailboat wrote:
Jere ,, funny .. I just read in the paper that foreclosers were going up up
up...

In fact, in some areas the real estate market is heading for the toilet.

Doesn't seem to bother the federal government. They just keep giving out
raises, big old pensions, etc.


We are doomed.


ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.


And therein lies the problem! If you would run out and buy a new
house, new car, new boat, hdtv, etc, you would be putting a whole bunch
of people to work! Solves all the problems, ;) Well, except YOUR new ones!
Gordon

On Fri, 16 Feb 2007 02:00:59 GMT, "NE Sailboat"
wrote:

ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.

No wonder you are always complaining about money or the lack there of.

You're not enjoying the power of leverage.

That is really funny .. the power of leverage! hahaha ,, this is killing
me.

If I guy goes to a bank and borrows $100,000 the bank owns him.

But if a guy goes to the bank and borrows $1,000,000,000 then he owns the
bank.

That is the power of leverage.



=======================

Try living debt free. It is an incredible feeling. I know, I had a
mortgage, car loan, personal loan, the you name it loan..

Then I started to just pay them off. One day; no more loans.

I took the money that was going to the loan and paid myself in investment
savings. Every month, just like the mortgage.

The next thing you know ... wow. Look at all that savings.

It really isn't hard. Just takes some discipline.


====================================
"Wayne.B" wrote in message
...
On Fri, 16 Feb 2007 02:00:59 GMT, "NE Sailboat"
wrote:

ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.

No wonder you are always complaining about money or the lack there of.

You're not enjoying the power of leverage.

NE Sailboat wrote:
That is really funny .. the power of leverage! hahaha ,, this is killing
me.

If I guy goes to a bank and borrows $100,000 the bank owns him.

But if a guy goes to the bank and borrows $1,000,000,000 then he owns the
bank.

That is the power of leverage.



=======================

Try living debt free. It is an incredible feeling. I know, I had a
mortgage, car loan, personal loan, the you name it loan..

Then I started to just pay them off. One day; no more loans.

I took the money that was going to the loan and paid myself in investment
savings. Every month, just like the mortgage.

The next thing you know ... wow. Look at all that savings.

It really isn't hard. Just takes some discipline.


====================================
"Wayne.B" wrote in message
...

On Fri, 16 Feb 2007 02:00:59 GMT, "NE Sailboat"
wrote:


ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.

No wonder you are always complaining about money or the lack there of.

You're not enjoying the power of leverage.




It takes more than a million for you to own the bank.

Don't ask me how i know....

--
“TAANSTAFL”

__________________________________________________ __________________________
Something to think about, from a wise man now long dead….:

“In the first place, we should insist that if the immigrant who comes
here in good faith becomes an American and assimilates himself to us, he
shall be treated on an exact equality with everyone else, for it is an
outrage to discriminate against any such man because of creed, or
birthplace, or origin. But this is predicated upon the person’s becoming
in every facet an American, and nothing but an American.
“There can be no divided allegiance here. Any man who says he is an
American, but something else also, isn’t an American at all.
“We have room for but one flag, the American flag. We have room for but
one language here, and that is the English language and we have room for
but one sole loyalty and that is a loyalty to the American people.”
--Theodore Roosevelt...1907

__________________________________________________ __________________________

"A prudent man foresees the difficulties ahead and prepares for them;
The simpleton goes blindly on and suffers the consequences." - Proverbs 22:3
__________________________________________________ __________________________

Consumer debt becomes slavery, yes. But that is not "leverage." "Leverage"
is borrowing money and earning more from that money than the interest you'll
have to pay back. That is the source of true monetary wealth. And yes, it
most certainly does work. You just have to be smart about it.


"NE Sailboat" wrote in message
news:Ej9Bh.5873$5M1.2110@trndny01...
That is really funny .. the power of leverage! hahaha ,, this is killing
me.

If I guy goes to a bank and borrows $100,000 the bank owns him.

But if a guy goes to the bank and borrows $1,000,000,000 then he owns
the bank.

That is the power of leverage.



=======================

Try living debt free. It is an incredible feeling. I know, I had a
mortgage, car loan, personal loan, the you name it loan..

Then I started to just pay them off. One day; no more loans.

I took the money that was going to the loan and paid myself in investment
savings. Every month, just like the mortgage.

The next thing you know ... wow. Look at all that savings.

It really isn't hard. Just takes some discipline.


====================================
"Wayne.B" wrote in message
...
On Fri, 16 Feb 2007 02:00:59 GMT, "NE Sailboat"
wrote:

ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no
boat
loan, no car loan ,,, nothing.

No wonder you are always complaining about money or the lack there of.

You're not enjoying the power of leverage.

"Wayne.B" wrote in message
...
On Fri, 16 Feb 2007 02:00:59 GMT, "NE Sailboat"
wrote:

ps.. full discloser.. I don't owe a penny to anyone. No mortgage, no boat
loan, no car loan ,,, nothing.

No wonder you are always complaining about money or the lack there of.

You're not enjoying the power of leverage.

In article Ej9Bh.5873$5M1.2110@trndny01,
"NE Sailboat" wrote:

Try living debt free. It is an incredible feeling. I know, I had a
mortgage, car loan, personal loan, the you name it loan..

Then I started to just pay them off. One day; no more loans.

I took the money that was going to the loan and paid myself in investment
savings. Every month, just like the mortgage.

The next thing you know ... wow. Look at all that savings.

It really isn't hard. Just takes some discipline.

My parents lived during the depression as well. Got married in '35.

"Leverage" allows you to use something you can't afford -- as long as
your economic circumstances don't decline. Most I know who are depending
on that are working hard to stay ahead of the payments.

We, on the other hand, are comfortable on a single income from a company
that doesn't pay me what I'm worth, but gives me over 7 weeks' vacation
a year and helps me use it. Meanwhile, about 30% of that single income
is going into retirement investments. When a deer totaled the car, we
bought with cash. We have 6-12 months' cruising kitty in liquid funds,
and plan to use it the next time I'm "between jobs".

That, to me, is true wealth.

--
Jere Lull
Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD)
Xan's NEW Pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/