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To: dennisw
Yeah. Then, once those appraisals do come down, that sharply lowers the county's tax base. Unfortunately, while Bear Stearns evaporates when they are insolvent, your county raises taxes (even when we're way past the peak of the Laffler curve and higher tax rates yield lower revenue.)

Get out of debt, sell what you can, be prepared for a reduced standard of living, be on good terms with ones neighbors, and tend to any fancier medical or dental procedures that you've been putting off. If you can reach the other end in five or ten years with your health and a little capital left, you can buy some stuff for nice prices (as JPMorgan just did.)

37 posted on 03/18/2008 2:06:19 AM PDT by ThePythonicCow (By their false faith in Man as God, the left would destroy us. They call this faith change.)
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To: ThePythonicCow

My dentist did some very nice work last week. I don’t see doctors. I must start a garden and you should cook some bone soup. Get some beans into it


44 posted on 03/18/2008 3:37:28 AM PDT by dennisw (Never bet on a false prophet! <<<||>>> Never bet on Islam!)
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