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To: Iris7

No. I make a lot of money and live a monk-like existence with no family to support. I was more fortunate than my peers and something I took naturally to was an unusually well-paying skill, thus my income goes approximately 40% taxes, 20% expenses, 40% savings.


177 posted on 08/19/2005 11:09:28 PM PDT by thoughtomator (Just call me Mr. Zero Diversity Points!)
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To: thoughtomator
Your savings rate shows self discipline.

Often, but not always, certainly, a person angry with a "class" (as used to be said) of persons was especially angry with a certain small group of persons, or even an individual member, of this aforementioned class. I would not be surprised if this were true in your case, since I have had even more experience with "boomers" as individuals, and certainly the group contains a large portion of horse's behinds. My words are excessively generous.

It is also true that great civilizational decay has and will occur. Also true that the safety, comfort, smug self satisfaction, etc. that we have all experienced is impossible to prop up much longer.

The absurd speculation in houses on the coasts shows signs of passing it's peak. Truly bad credit risks are getting huge loans merely for the asking.

The causes of this situation are many, and include the demand by enough of the electorate that government deliver an "increasing standard of living." The whole affair, now in the absurdity phase, has roots deep in the past.

Credit creation has become manic because "the Fed" will bail everyone out, householders too. Or so it is hoped. The economy produces fewer innovations, fewer competitive goods, and uses much more paper every year.

God is just. Abortion is as great an evil as there is. To "pass your children through the fire" is a terrible sin.

I have children your age, and as a dad I worry about them. The situation looks uncertain and strenuous. "Wars and rumors of wars", as has been said. Famine, disease, war, and death, the Four Horsemen, will certainly ride again.

Personally, I have been trying to fix this absurd cluster (put as crude an expression as possible here) all of my life, with only the most meager success. Better fortune to you.

182 posted on 08/20/2005 12:28:20 AM PDT by Iris7 ("A pig's gotta fly." - Porco Rosso)
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