To: ex-Texan
hey, I thought our standard of living was going up? now, hardly anyone actually owns their own car anymore - add that to their 40 year mortgage and credit card debt. the whole US consumer driven economy is built on debt, not wealth. debt is wealth for most americans now.
8 posted on
04/05/2005 12:31:54 PM PDT by
oceanview
To: oceanview
hey, I thought our standard of living was going up?It is. People who previously would have been driving 7-year-old Chevys are now finding themselves driving all the bling-bling they can get their lender to agree to...
12 posted on
04/05/2005 12:35:08 PM PDT by
newgeezer
(Just my opinion, of course. Your mileage may vary.)
To: oceanview
Don't kid yourself. You don't own your house either. Even if you've "paid it off."
You rent your property, and the rent is called "real estate taxes."
31 posted on
04/05/2005 12:46:09 PM PDT by
RobRoy
(Child support and maintenence (alimony) are what we used to call indentured slavery)
To: oceanview
now, hardly anyone actually owns their own car anymore - add that to their 40 year mortgage and credit card debt. the whole US consumer driven economy is built on debt, not wealth.Is that why household wealth is at an all-time high?
44 posted on
04/05/2005 1:09:04 PM PDT by
Toddsterpatriot
(Maybe it's not the Alinsky Method. Maybe you appear ridiculous because you are ridiculous!!!)
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