Does an individual need more loans.....

26 Jun 2010 12:10 #1 by Residenttroll returns
if they make $ 250,000, spends $370,000, owes $ 1,300,000 in unsecured, and pays $70,000 per year to service debt?

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26 Jun 2010 14:59 #2 by Tilt

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27 Jun 2010 12:46 #3 by BaconLover

residenttroll wrote: if they make $ 250,000, spends $370,000, owes $ 1,300,000 in unsecured, and pays $70,000 per year to service debt?



Can they take out a loan in their kids name? This sounds like US Fiscal policy.

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27 Jun 2010 14:31 #4 by Residenttroll returns

ExtremeModerate wrote:

residenttroll wrote: if they make $ 250,000, spends $370,000, owes $ 1,300,000 in unsecured, and pays $70,000 per year to service debt?



Can they take out a loan in their kids name? This sounds like US Fiscal policy.


Exactly, put seven years behind those numbers and you have the US Fiscal policy to date. Welcome to hoax and chains for future generations because ExtremeModerate is correct....Congress is taking out loans on unborn children It's amazing how the left loves to punish the unborn.

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28 Jun 2010 07:28 #5 by FredHayek
No, the Left also likes to punish anyone who is richer than them too.

Thomas Sowell: There are no solutions, just trade-offs.

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11 Jul 2010 20:32 #6 by BaconLover

residenttroll wrote:

ExtremeModerate wrote:

residenttroll wrote: if they make $ 250,000, spends $370,000, owes $ 1,300,000 in unsecured, and pays $70,000 per year to service debt?



Can they take out a loan in their kids name? This sounds like US Fiscal policy.


Exactly, put seven years behind those numbers and you have the US Fiscal policy to date. Welcome to hoax and chains for future generations because ExtremeModerate is correct....Congress is taking out loans on unborn children It's amazing how the left loves to punish the unborn.



Don't forget the right... Who did Bush think was going to pay for Gulf War II?? It's a politician thing, not a right/left thing. When all you have to worry about is the next 4, maybe 8, years. You don't think long-term.

-Kelly

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12 Jul 2010 09:50 #7 by FredHayek

ExtremeModerate wrote:

residenttroll wrote:

ExtremeModerate wrote:

residenttroll wrote: if they make $ 250,000, spends $370,000, owes $ 1,300,000 in unsecured, and pays $70,000 per year to service debt?



Can they take out a loan in their kids name? This sounds like US Fiscal policy.


Exactly, put seven years behind those numbers and you have the US Fiscal policy to date. Welcome to hoax and chains for future generations because ExtremeModerate is correct....Congress is taking out loans on unborn children It's amazing how the left loves to punish the unborn.


:yeahthat:

Nothing like being retired with a pension when the bill comes due.


Don't forget the right... Who did Bush think was going to pay for Gulf War II?? It's a politician thing, not a right/left thing. When all you have to worry about is the next 4, maybe 8, years. You don't think long-term.

-Kelly


Thomas Sowell: There are no solutions, just trade-offs.

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