Re: OT - So Michael...

Joe wrote:
> "dwight" <tfrog93@[EMAIL PROTECTED]
> wrote in
> news:-rGdncmT1qk4gzDanZ2dnUVZ_hKdnZ2d@[EMAIL PROTECTED]
 
> 
>> "Michael Johnson" <cds@[EMAIL PROTECTED]
> wrote in message 
>> news:B_idnaMk4f3UYTHanZ2dnUVZ_tCrnZ2d@[EMAIL PROTECTED]
>>> Joe wrote:
>>>> Michael Johnson <cds@[EMAIL PROTECTED]
> wrote in
>>>> news:59ydnWq-aP6iUzbanZ2dnUVZ_iydnZ2d@[EMAIL PROTECTED]
>>>>> dwight wrote:
>>>>>> "Michael Johnson" <cds@[EMAIL PROTECTED]
> wrote in message 
>>>>>> news:aoGdneLvm9_7BjbanZ2dnUVZ_tyknZ2d@[EMAIL PROTECTED]
>>>>>>> dwight wrote:
>>>>>>>> "Michael Johnson" <cds@[EMAIL PROTECTED]
> wrote in message 
>>>>>>>> news:d_KdnQHJrcT16TbanZ2dnUVZ_jCdnZ2d@[EMAIL PROTECTED]
>>>>>>>>> dwight wrote:
>>>>>>>>>> "Michael Johnson" <cds@[EMAIL PROTECTED]
> wrote in message 
>>>>>>>>>> news:ssKdnVWrQLyvmTbanZ2dnUVZ_jydnZ2d@[EMAIL PROTECTED]
>>>>>>>>>>> Joe wrote:
>>>>>>>>>>>> Thanks to the current administration (had to get that jab in
>>>>>>>>>>>> there), fiscal America is sinking like a stone.
>>>>>>>>>>> You do know that all this sub-prime mess got rolling under
>>>>>>>>>>> Clinton? ;) cough< republican congress
>>>>>>>>> Who was it that said "The buck stops here"?
>>>>>>>> Wasn't ME.
>>>>>>>>
>>>>>>>> I'm the ATM for my family. I'm Buck Teflon. I take out $20 and
>>>>>>>> hand it over that night.
>>>>>>>>
>>>>>>>> I always tell 'em, "I know where to get more," but, jeez, it'd
>>>>>>>> be nice to have some currency in my wallet for more than 24
>>>>>>>> hours. 
>>>>>>> You first mistake was telling them you know where to get more. 
>>>>>>> Just tell them the money tree died and the new one won't mature
>>>>>>> and bare fruit for several years.
>>>>>> Fine, but half the tree belongs to my wife.
>>>>>>
>>>>>> The problem I have with HER is that she's actually the one that
>>>>>> will go to an ATM and withdraw $20. That's ridiculous. I
>>>>>> understand frugality, but I also deal well with reality, and
>>>>>> taking out $20 doesn't save you money, it just makes you go back
>>>>>> to the ATM more often.
>>>>>> Me, I take out $100. Doesn't mean I spend it faster, just means
>>>>>> that I don't have to go back the next day.
>>>>> Since I work from home, I could easily live for a month on $100
>>>>> cash. 
>>>> I work from home and live on $50 cash/month.  Of course the debit
>>>> card's almost worn out...
>>>>
>>>>>> Actually... my wife doesn't have to go back the next day either.
>>>>>> She's got me. So it all evens out.
>>>> Question for y'all: So this tax "refund" we'll be getting this year
>>>> - will this be a repeat of the 2001 nonsense?
>>>> http://tinyurl.com/2ac2pw
>>> I doubt I'll see a check so to me it is irrelevant.  My guess is that
>>> every check they send out will be cashed and no thought will be given
>>> to the details.
>> Sending it back wasn't one of my options. I'll probably just sign the
>> back and send it on to the credit card company.
>>
>> :()
> 
> Ditto.  And that's the fallacy of this thing.  People will pay of debt 
> rather than buy stuff.

But my guess is that most will run the old credit card back up real soon.