|
|
 |
|
|
|
#1
03-20-2009, 03:48 PM
|
|||
|
|||
budget #s released
simply unbelievable:
President Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last month. The Congressional Budget Office figures, released Friday, predict Obama's budget will produce $9.3 trillion worth of red ink over 2010-2019. That's $2.3 trillion worse than the White House predicted in its budget. Worst of all, CBO says the deficit under Obama's policies would never go below 4 percent of the size of the economy, figures that economists agree are unsustainable. By the end of the decade, the deficit would exceed 5 percent of gross domestic product, a dangerously high level
__________________
Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln 
|
|
#2
03-20-2009, 04:00 PM
|
|||
|
|||
|
Quote:
ugh. I cant wait for hyper inflation and jimmy carter type morgage rates I'm renting for the rest of my life.
__________________
Quote:
|
|
#3
03-20-2009, 04:04 PM
|
||||
|
||||
|
Quote:
Amen sistah ^5  .
__________________
Horses are like strawberries....they can go bad overnight. Charlie Whittingham
|
|
#4
03-20-2009, 04:18 PM
|
|||
|
|||
|
Quote:
what will be good is if that does develop , the housing mkt will really collapse and as long as you're not holding any debt you might be able to buy a house for only 1 - 1.5 x your salary instead of what we have now
|
|
#5
03-20-2009, 04:19 PM
|
||||
|
||||
|
Quote:
Very true , but how marked up will the intest rates be ?
__________________
Horses are like strawberries....they can go bad overnight. Charlie Whittingham
|
|
#6
03-20-2009, 04:21 PM
|
|||
|
|||
|
i thought interest was still pretty low right now? hell, it could be zero-but that doesn't do much good when banks won't lend.
but some are able to buy-ford keeps calling me, wanting my car. i might just have to trade it in and see what they'll give me for it.
__________________
Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln
|
|
#7
03-20-2009, 04:24 PM
|
||||
|
||||
|
Quote:
Friends dont let friends drive Fords lol.
__________________
Horses are like strawberries....they can go bad overnight. Charlie Whittingham
|
|
#8
03-20-2009, 10:54 PM
|
||||
|
||||
|
Quote:
no. you don't want any part of that.
|
|
#9
03-20-2009, 11:07 PM
|
|||
|
|||
|
Quote:
In other words, buy a house. You might be able to own something at a lower monthly payment that wont change. You will not get a fixed rate rental for 30 years (and the hyperinflation that you expect will kill you with a rental), unless its in a slum area.
|
|
#10
03-20-2009, 11:25 PM
|
|||
|
|||
|
Quote:
__________________
Books serve to show a man that those original thoughts of his aren't very new at all. Abraham Lincoln
|
|
#11
03-22-2009, 05:39 PM
|
|||
|
|||
|
Quote:
now its okay but I wont be able to buy for a few years! and I dont want to stay in Ocala forever thats for sure!
__________________
Quote:
|
Hybrid Mode
