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Response to Algernon Moncrieff (Original post)

Thu Mar 24, 2016, 02:01 PM

21. I tend to not hate those

1. I love thrift

2. I'm not trying to weaken or tear down or pull down or destroy anybody, so not sure why I should get excited about the 2,3,4, or 5

6. Not a huge fan of borrowed money, but it is kinda typical. For example, I gained great benefit by borrowing $28,000 in Oct. 2001. Even though that amount ended up being over 200% of my yearly income. By going into debt, I was able to avoid paying $500 a month in rent, instead making $300 a month in house payments (including insurance and taxes). However, by paying back my debt quickly, I was also able to save thousands in interest costs. I would probably still be paying $800 a year in interest if I hadn't paid off the house in 2005. Still, I agree, it is better to tax the rich than borrow from the rich.

7. In general, I try to avoid hatred (except "I try, I really try, but dammit Jim, I hate cops" said by a female detective to Jim Rockford after getting a parking ticket) I don't hate the upper classes, I just want to reduce their after tax income by a fair amount. Or heck, these days I might even consider a huge political victory if MY side could just STOP giving them big tax cuts. http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=439x1996802

8. Again, why should I dispute this? At least for an individual it seems like sound advice. No so, though, for an organization, especially an organization, like my Credit Union or my Kiwanis district, which has money in reserve. The people in charge of those organizations seem wrongly concerned with a) having a large reserve, and b) increasing the reserve. Which seems wrong headed to me, I feel that both organizations would be better off if they spent some of their reserve (the credit union would be giving it back to their members rather than piling up reserve funds). And it would be lunacy for our nation to NOT have increased our debt to provide an economic stimulus back in 2009. Had we not done so, I agree with the economists who feel we would be much worse off.

9. I am not against initiative and independence. However, I am in favor of more cooperation and more compassion. We are on this planet for less than 120 years, let's try to enjoy our lives instead of making them harder than they need to be.

10. Nothing is permanent. But I also agree that some people should be working more. Some of the laziness and mooching I see does annoy me, but you see a fair amount of that at the top too, and then for THOSE people to wag their fingers at others?

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Arrow 21 replies Author Time Post
Algernon Moncrieff Mar 2016 OP
mahatmakanejeeves Mar 2016 #1
Algernon Moncrieff Mar 2016 #3
mahatmakanejeeves Mar 2016 #6
Dont call me Shirley Mar 2016 #2
gratuitous Mar 2016 #4
Algernon Moncrieff Mar 2016 #9
mahatmakanejeeves Mar 2016 #10
gratuitous Mar 2016 #12
mahatmakanejeeves Mar 2016 #13
nxylas Mar 2016 #5
marble falls Mar 2016 #7
Johonny Mar 2016 #8
Algernon Moncrieff Mar 2016 #11
Johonny Mar 2016 #16
Algernon Moncrieff Mar 2016 #17
flobee1 Mar 2016 #14
madinmaryland Mar 2016 #15
HughBeaumont Mar 2016 #18
ScreamingMeemie Mar 2016 #19
Whiskeytide Mar 2016 #20
LineNew Reply I tend to not hate those
hfojvt Mar 2016 #21
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