We’re Borrowing $750,000 (25)
Kattsrose: Katt and I both have a large debt load with our student loans so we’re going to borrow even more to improve our personal economic situation and that of the people around us.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
Sound fiscally sound to me.... The again, I am the biggest idiot on the planet who voted for such a plan.
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Kattsrose: Katt and I both have a large debt load with our student loans so we’re going to borrow even more to improve our personal economic situation and that of the people around us.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
Just wait, Cap & Trade passed. Good luck on the consulation job, you'll need it.
I hear ya!
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Indyfella: Just wait, Cap & Trade passed. Good luck on the consulation job, you'll need it.
I hear ya!
I hear ya!
If we can't handle the work as each others consultants we can buy out the contracts and then each form a corporation and hire ourselves as consultants for even more money.
It is sad that people think borrowing $700,000,000 plus will help the economy. It's obvious that borrowing more than you can afford on a personal level so it seems it would be on a national level too.
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This thread rocks!! 
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Kattsrose: Katt and I both have a large debt load with our student loans so we’re going to borrow even more to improve our personal economic situation and that of the people around us.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
AN accepted offer of $175,000 plus $50,000 in repairs sounds like a total investment of $225,000.
$225,000 investment for a $140,000 value sounds reasonable to me and I am sure O'Bummer and the Dems would go along with it..
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Kattsrose: Katt and I both have a large debt load with our student loans so we’re going to borrow even more to improve our personal economic situation and that of the people around us.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.
My advice to you is to get a financial adviser
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better off trying to win the lottery. taxes paid. clear money. ------ This thread is Archived ------
moneymagnet: My advice to you is to get a financial adviser
We are following the financial example of President Obama.
EVERYONE knows his plan will work so our will too, RIGHT????
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Kattsrose: If we can't handle the work as each others consultants we can buy out the contracts and then each form a corporation and hire ourselves as consultants for even more money.
It is sad that people think borrowing $700,000,000 plus will help the economy. It's obvious that borrowing more than you can afford on a personal level so it seems it would be on a national level too.
It is sad that people think borrowing $700,000,000 plus will help the economy. It's obvious that borrowing more than you can afford on a personal level so it seems it would be on a national level too.
Ya think?
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"Idealism is fine, but as it approaches reality, the costs become prohibitive."
-William F. Buckley Jr.
"If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, and give the earnings of fifteen of these to the government for their debts and daily expenses; And the sixteenth being insufficient to afford us bread, we must live, as they do now, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains around the necks of our fellow sufferers; And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for a second, that second for a third, and so on 'til the bulk of the society is reduced to be mere automatons of misery, to have no sensibilities left but for sinning and suffering ... And the forehorse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."
-Thomas Jefferson
"A nation trying to tax itself into prosperity is like a man standing in a bucket try to lift himself up by the handle." - Winston Churchill
___________________________________
Seems that Constitutional Lawyer in the White House has forgotten his Jefferson!
-William F. Buckley Jr.
"If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, and give the earnings of fifteen of these to the government for their debts and daily expenses; And the sixteenth being insufficient to afford us bread, we must live, as they do now, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains around the necks of our fellow sufferers; And this is the tendency of all human governments. A departure from principle in one instance becomes a precedent for a second, that second for a third, and so on 'til the bulk of the society is reduced to be mere automatons of misery, to have no sensibilities left but for sinning and suffering ... And the forehorse of this frightful team is public debt. Taxation follows that, and in its train wretchedness and oppression."
-Thomas Jefferson
"A nation trying to tax itself into prosperity is like a man standing in a bucket try to lift himself up by the handle." - Winston Churchill
___________________________________
Seems that Constitutional Lawyer in the White House has forgotten his Jefferson!
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After the great depression of the 1930's the government did nothing and that has prove to be one of the causes for the depression to be bigger and longer. I believe we are on the right course! I don't care if some of it doesn't make sense. I don't care if some of the money is mis-spent! I only care that the 'right' course is used to bring the economy back on track.
If you don't like the course that is being used, what would you do? Doing nothing is not an option. That was tried in the 30's and it was proved to be wrong.
If you don't like the course that is being used, what would you do? Doing nothing is not an option. That was tried in the 30's and it was proved to be wrong.
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Big_John: After the great depression of the 1930's the government did nothing and that has prove to be one of the causes for the depression to be bigger and longer. I believe we are on the right course! I don't care if some of it doesn't make sense. I don't care if some of the money is mis-spent! I only care that the 'right' course is used to bring the economy back on track.
If you don't like the course that is being used, what would you do? Doing nothing is not an option. That was tried in the 30's and it was proved to be wrong.
If you don't like the course that is being used, what would you do? Doing nothing is not an option. That was tried in the 30's and it was proved to be wrong.
That "nothing" done in the 1930s was called The New Deal" and was the baby of Democrat Franklin Delano Roosevelt. Like Obama Roosevelt believed it was possible to borrow, tax and spend your way to economic health.
As you said "After the great depression of the 1930's the government did nothing and that has prove to be one of the causes for the depression to be bigger and longer." That nothing cost about FIVE HUNDRED MILLION DOLLARS. How much does that adjust to in todays money?
If you don't care for looking at that sad time perhaps you be happier looking at the results of the Great Society programs of Democrat Lyndon B. Johnson that eliminated poverty and racial injustice back in the 1960s.
Funny thing is I didn't even realize poverty and racial injustice were over and done with.
Did you?
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BrunoMcMahon: That "nothing" done in the 1930s was called The New Deal" and was the baby of Democrat Franklin Delano Roosevelt. Like Obama Roosevelt believed it was possible to borrow, tax and spend your way to economic health.
As you said "After the great depression of the 1930's the government did nothing and that has prove to be one of the causes for the depression to be bigger and longer." That nothing cost about FIVE HUNDRED MILLION DOLLARS. How much does that adjust to in todays money?
If you don't care for looking at that sad time perhaps you be happier looking at the results of the Great Society programs of Democrat Lyndon B. Johnson that eliminated poverty and racial injustice back in the 1960s.
Funny thing is I didn't even realize poverty and racial injustice were over and done with.
Did you?
As you said "After the great depression of the 1930's the government did nothing and that has prove to be one of the causes for the depression to be bigger and longer." That nothing cost about FIVE HUNDRED MILLION DOLLARS. How much does that adjust to in todays money?
If you don't care for looking at that sad time perhaps you be happier looking at the results of the Great Society programs of Democrat Lyndon B. Johnson that eliminated poverty and racial injustice back in the 1960s.
Funny thing is I didn't even realize poverty and racial injustice were over and done with.
Did you?
The New Deal was proposed in 1933--four years after the 1929 stock market crash. That delay was a major factor in the recovery period.
Poverty and racialo injustice with be around forever no matter who is in power or have control. People personal thoughts will never be changed. Poor people will exist as long as there are people. No government program will eliminate it.
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Big_John: I don't care if some of it doesn't make sense. I don't care if some of the money is mis-spent!
Are you serious?
Would you tolerate things not making sense and your money being misspent on a $100 service bill at a garage for work on your car?
This is OUR MONEY being misspent. It is not coming out of President Obama's personal checkbook.
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Kattsrose: Are you serious?
Would you tolerate things not making sense and your money being misspent on a $100 service bill at a garage for work on your car?
This is OUR MONEY being misspent. It is not coming out of President Obama's personal checkbook.
Would you tolerate things not making sense and your money being misspent on a $100 service bill at a garage for work on your car?
This is OUR MONEY being misspent. It is not coming out of President Obama's personal checkbook.
It is far more important that the government acted and acted quickly in this situation. When government, any government, acts quickly things will go wrong. I accept that!
Comparing my car being fixed in a garage and me being overcharged $100 is not even in the same universe as the financial crises. Remember the lack of the government to respond in 1929 has been identied as one of the major factors that lead to the serious depression being worst than it had to be.
I like that fact that our government did something and did it quickly.
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Big_John: It is far more important that the government acted and acted quickly in this situation. When government, any government, acts quickly things will go wrong. I accept that!
Comparing my car being fixed in a garage and me being overcharged $100 is not even in the same universe as the financial crises. Remember the lack of the government to respond in 1929 has been identied as one of the major factors that lead to the serious depression being worst than it had to be.
I like that fact that our government did something and did it quickly.
Comparing my car being fixed in a garage and me being overcharged $100 is not even in the same universe as the financial crises. Remember the lack of the government to respond in 1929 has been identied as one of the major factors that lead to the serious depression being worst than it had to be.
I like that fact that our government did something and did it quickly.
The point on the example of the work at the garage is that most people would not tolerate being overcharged or being charged for items that did not make sense. I go over the bill item by item to be sure I am not being ripped off and yes I have saved hundreds of dollars by doing that.
I’ve been hearing about theories on the causes of cause of the stock market crash and the great depression from a family member who working in finance most of his life. He sees many parallels between the years leading up to the crash and the years leading up to the current downturn.
He saw what was coming and got out early and finally convinced my parents to sell what stock they owned before things got too bad. My birth mother assumed things would turn around quickly and apparently lost about half of her investments.
History does have lessons for anyone willing to learn them.
You can say, “I like that fact that our government did something and did it quickly.” If you like. I would rather they had thought out their plans better. Doing something just for the sake of doing anything is almost never the right course to take and can do more harm that good.
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Kattsrose:
You can say, “I like that fact that our government did something and did it quickly.” If you like. I would rather they had thought out their plans better. Doing something just for the sake of doing anything is almost never the right course to take and can do more harm that good.
You can say, “I like that fact that our government did something and did it quickly.” If you like. I would rather they had thought out their plans better. Doing something just for the sake of doing anything is almost never the right course to take and can do more harm that good.
So what would you have had the government do? You stated you had been thinking about this for some time. You must have a solution you think is better. What is it?
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Big_John:
It is far more important that the government acted and acted quickly in this situation. When government, any government, acts quickly things will go wrong. I accept that!
(but) I like that fact that our government did something and did it quickly.I like that fact that our government did something and did it quickly.
It is far more important that the government acted and acted quickly in this situation. When government, any government, acts quickly things will go wrong. I accept that!
(but) I like that fact that our government did something and did it quickly.I like that fact that our government did something and did it quickly.
Your response is just what they want.
That's how crisis terrorism works.
The public is kept reeling from one crisis to another.
Everything is "urgent".
No time to think.
No time to debate or question.
Just act immediately.
Encoraging that kind of kneejerk reactionism is called "operant conditioning". (Imagine Pavlov with a Taser).
The conditioning involves a warning stimulus that signals dire consequences which will follow if the subject doesn't react quickly and unquestioningly.
The result is robotic obedience to authority.
The victims even learn to "love" their tormentor, because he always warns them in advance so they can escape the torture.
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We have talked about buying the house we are renting. If the house was in perfect condition it would be worth about $140,000. As it stands today it is worth about $120,000 and could probably be had for a little less than that. Our plan is to offer $175,000 and put another $50,000 into repairs and upgrades to bring it up to the full value of $140,000.
Next, we are both driving older high mileage cars. Katt is driving a 1996 with 210,000 miles and I am driving a 1997 with 183,000 miles. Our plan is to have a frame up restoration done on each of them. The cost will far exceed the potential value of the cars but it is worth it to keep these historic cars on the road and to provide work for the mechanics and auto body shops.
Next a little landscaping. With the kind of cash we will have to work with there is no sense waiting for things to grow. We will import full grown trees and shrubs from around the world and do our best to reproduce their native habitats.
You must realize that these sorts of responsibilities will require both of us to quit our jobs. To make up for the loss of income we will hire each other as consultants. Yes the fees will be high but we are well worth every penny.
By now the first of the payments on the note will be well past due. At that point we will borrow $1,500,000 to pay off the debt and to research how to blame someone else for our default on the loan.
If this sounds crazy to you read up on the so-called economic stimulus plan.