[sphinx]

They spent like drunken sailors as the housing bubble pushed property taxes ever higher. Now comes the reckoning.

[TigerLikesRooster]

Many went heavily into derivatives, too.

[xrmusn]

They spent like drunken sailors...etc...etc...
= = = = = = = = = = = = = = = = = = = = = = = = = =
HOLD ON!!
Being a former ‘drunken sailor’ I resemble that remark. If the ‘drunken sailors’ were a protected species, we could claim you were “ANTI-NAVEL [sic].

But like OB says, “I won’t raise taxes”...’they’ don’t have to. Just cut down funding the states, the ‘trickle up tax raises’ just cut US off at the knees.

Heard some ‘expert’ gripe the other day that people were not using credit cards, they were using debit cards.
THIS IS BAD? How- Isn’t that the target, spend within your means?

These friggin pols (BOTH SIDES) preach out of one side of their mouth but gripe when people do what they suggested..
such as cigarettes, booze, lottery, debit cards..etc...

[stephenjohnbanker]

“They spent like drunken sailors as the housing bubble pushed property taxes ever higher. Now comes the reckoning.”

Folks, we have a WINNER !!