Changenow
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Wed Aug-03-05 10:43 AM
Response to Reply #1 |
| 32. I have a Princess Di beanie, third edition |
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for sale for a good price.
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| -CNN: The zero-savings problem ("saving rate at zero - that's right, nada") |
DeepModem Mom |
Aug-02-05 10:32 PM |
#0 |
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Tulips! Get your tulips here! |
Art_from_Ark |
Aug-02-05 10:41 PM |
#1 |
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Ya got that right. |
PurityOfEssence |
Aug-02-05 11:15 PM |
#4 |
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funny you should mention the vehicles they drive. |
dweeb |
Aug-03-05 12:05 AM |
#6 |
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I drive a Honda Civic and don't even like war movies |
osaMABUSh |
Aug-03-05 12:17 AM |
#8 |
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But look at them now |
raccoon |
Aug-03-05 08:33 AM |
#17 |
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Good point. Article says one of two ways people finance deficit spending |
1932 |
Aug-03-05 09:51 AM |
#27 |
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Don't even get me started on cars. |
girl gone mad |
Aug-03-05 06:41 PM |
#49 |
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2 cars, both cash. |
missb |
Aug-03-05 07:24 PM |
#54 |
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We have 2 vehicles |
ninkasi |
Aug-03-05 07:42 PM |
#56 |
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I don't understand. |
Dora |
Aug-04-05 11:48 AM |
#68 |
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I have a Princess Di beanie, third edition |
Changenow |
Aug-03-05 10:43 AM |
#32 |
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at least you can eat the bulbs if things get really bad |
Lisa |
Aug-03-05 01:58 PM |
#37 |
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I've been able to save some money for when I find a new job |
high density |
Aug-02-05 10:49 PM |
#2 |
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The article says retirement savings are counted as savings even though |
1932 |
Aug-02-05 10:53 PM |
#3 |
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no you are misunderstanding |
pitohui |
Aug-03-05 10:10 AM |
#30 |
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Check the article. |
1932 |
Aug-03-05 05:58 PM |
#48 |
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interest rates are low |
pitohui |
Aug-04-05 12:31 PM |
#76 |
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I don't think it's investor intelligence that is making home prices rise. |
1932 |
Aug-04-05 05:25 PM |
#84 |
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The bling culture |
fortyfeetunder |
Aug-02-05 11:59 PM |
#5 |
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Greenspan! |
KT2000 |
Aug-03-05 12:10 AM |
#7 |
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Wow. Imagine what all these folks could do with... |
Hekate |
Aug-03-05 01:41 AM |
#9 |
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Somehow, the government gets away with saying there's no inflation |
aint_no_life_nowhere |
Aug-03-05 02:40 AM |
#10 |
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It is not inflation if they don't devalue the currency |
WannaJumpMyScooter |
Aug-03-05 06:34 AM |
#16 |
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Neocons like it because it means that banks are not holding back that |
applegrove |
Aug-03-05 02:49 AM |
#11 |
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if people begin saving then companies will not make their profits |
kodi |
Aug-03-05 03:01 AM |
#12 |
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It's okay to be illiquid when credit markets are too easy |
teryang |
Aug-03-05 05:33 AM |
#13 |
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An average U.S. household net worth of $400K+? |
sadiesworld |
Aug-03-05 06:16 AM |
#14 |
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Exactly.... |
sendero |
Aug-03-05 06:33 AM |
#15 |
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in this case, the wrong statistic |
central scrutinizer |
Aug-03-05 05:28 PM |
#44 |
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Median in 2002 from one source is 59, 706(adj), anyone have a later no.? |
FreeStateDemocrat |
Aug-04-05 12:37 PM |
#78 |
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The median net worth of all U.S. households is $100,894 - Aug. 20, 2004 |
FreeStateDemocrat |
Aug-04-05 12:56 PM |
#81 |
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And on top of that... |
architect359 |
Aug-03-05 09:25 AM |
#20 |
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Most of that is inflated real estate value |
endarkenment |
Aug-04-05 10:01 AM |
#65 |
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Can someone please explain to me how it works |
Coventina |
Aug-03-05 09:04 AM |
#18 |
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i can explain |
pitohui |
Aug-03-05 09:57 AM |
#28 |
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The one time exclusion |
Moondog |
Aug-03-05 02:58 PM |
#38 |
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even better! |
pitohui |
Aug-03-05 03:24 PM |
#40 |
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401k contributions are included in the BEA calculation of the savings rate |
snippy |
Aug-03-05 07:27 PM |
#55 |
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NO the bank owns most of those homes until mortage is paid.... |
ElsewheresDaughter |
Aug-03-05 09:12 AM |
#19 |
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Add to that |
SOS |
Aug-03-05 10:59 AM |
#33 |
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not true at all |
pitohui |
Aug-03-05 03:32 PM |
#42 |
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Just bought a co-op unit, first home, on the same logic |
AuntJen |
Aug-03-05 07:43 PM |
#57 |
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Spendthrift nation |
leftchick |
Aug-03-05 09:42 AM |
#21 |
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I blame Bush |
livetohike |
Aug-03-05 09:42 AM |
#22 |
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I wanted to open a savings account |
catmandu57 |
Aug-03-05 09:43 AM |
#23 |
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3.15 % interest rate on savings |
pitohui |
Aug-03-05 09:49 AM |
#26 |
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Nationalize the credit card industry... |
SteppingRazor |
Aug-03-05 09:44 AM |
#24 |
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I like the way you think. |
redqueen |
Aug-03-05 11:21 AM |
#36 |
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But seriously folks... |
SteppingRazor |
Aug-03-05 09:48 AM |
#25 |
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this is the core problem |
pitohui |
Aug-03-05 10:03 AM |
#29 |
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illegal immigrants are not stealing good jobs at high pay. |
endarkenment |
Aug-04-05 12:12 PM |
#72 |
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sure they are |
pitohui |
Aug-04-05 12:24 PM |
#75 |
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You don't have to buy a house |
LisaM |
Aug-03-05 03:11 PM |
#39 |
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Back in the 50s, men were buying houses for their families.... |
tjdee |
Aug-03-05 08:49 PM |
#60 |
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This has always puzzeled me. |
mccoyn |
Aug-04-05 01:21 PM |
#82 |
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No, but |
Dora |
Aug-04-05 11:53 AM |
#69 |
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Especially when Rick Sphinctorum tells us women shouldn't work |
hatrack |
Aug-03-05 05:46 PM |
#47 |
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I hate to be a wet blanket.. |
sendero |
Aug-03-05 08:38 PM |
#59 |
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No offense, but how long has it been since you "first started out?" |
shrike |
Aug-04-05 10:22 AM |
#66 |
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My point is simpler than that.. |
sendero |
Aug-04-05 11:40 AM |
#67 |
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While I can't argue with that |
shrike |
Aug-04-05 12:37 PM |
#77 |
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On that.. |
sendero |
Aug-04-05 12:41 PM |
#80 |
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Use to be start at bottom & workup now most dead end jobs w/o hope. |
FreeStateDemocrat |
Aug-04-05 06:48 PM |
#85 |
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where do you find $3K cars? |
pitohui |
Aug-04-05 12:05 PM |
#70 |
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I'm in the car business.. |
sendero |
Aug-04-05 03:56 PM |
#83 |
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No, but it's hard |
zipplewrath |
Aug-04-05 12:40 PM |
#79 |
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No incentive |
wrlwnd |
Aug-03-05 10:31 AM |
#31 |
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what bank fees? |
pitohui |
Aug-03-05 03:25 PM |
#41 |
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I don't know where you are or |
jbnow |
Aug-03-05 06:58 PM |
#52 |
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a well-off neighborhood in the southeast |
pitohui |
Aug-04-05 12:12 PM |
#71 |
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Might even be safer too, |
Megahurtz |
Aug-05-05 07:14 PM |
#87 |
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No savings here: medical bills wiped me out |
Lorien |
Aug-03-05 11:16 AM |
#34 |
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I save 12.5% |
midnight armadillo |
Aug-03-05 11:17 AM |
#35 |
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I'm a saver......I will not spend unless I have the money to back it up. |
Historic NY |
Aug-03-05 05:15 PM |
#43 |
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Not sure how they figure that. I know plenty of people with actual savings |
progressivebydesign |
Aug-03-05 05:36 PM |
#45 |
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Americans stock up to save more! |
zara |
Aug-03-05 05:43 PM |
#46 |
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What if it turns out that the wise people are the ones.... |
olddad56 |
Aug-03-05 07:19 PM |
#53 |
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yes it happened in the late 70s also |
pitohui |
Aug-04-05 12:13 PM |
#73 |
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smart posts--but the mania contributes to the inflation, no? |
zara |
Aug-05-05 11:49 AM |
#86 |
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Oh, I thought the tax cuts were supposed to help our economy! |
Daphne08 |
Aug-03-05 06:43 PM |
#50 |
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The tax cuts have helped, they have helped the rich get richer..... |
olddad56 |
Aug-03-05 06:52 PM |
#51 |
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Less in savings, less money to loan |
AuntJen |
Aug-03-05 08:02 PM |
#58 |
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The Federal Reserve is a private bank it is not part of the US Government |
loftycity |
Aug-04-05 01:31 AM |
#61 |
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Hey, what's the problem? I'll |
mbperrin |
Aug-04-05 01:42 AM |
#62 |
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of course people are not stupid |
pitohui |
Aug-04-05 12:20 PM |
#74 |
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During the next decade there will be a record number of bankruptcies, |
Seabiscuit |
Aug-04-05 02:11 AM |
#63 |
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This is what happens when corporations take over the government |
Rex |
Aug-04-05 02:26 AM |
#64 |
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