Search the Community
Showing results for tags 'debt'.
Found 7 results
-
“Fiscal Cliff” put in a clear perspective which explains why so many of our American colleagues are dead against tax increases of any kind. Lesson # 1 * U.S. Tax revenue: $2,170,000,000,000 * Fed budget: $3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $14,271,000,000,000 * Recent budget cuts: $ 38,500,000,000 Let's now remove 8 zeros and pretend it's a household budget: * Annual family income: $21,700 * Money the family spent: $38,200 * New debt on the credit card: $16,500 * Outstanding balance on the credit card: $142,710 * Total budget cuts so far: $38.50 Have you got it???? OK now, Lesson # 2: Here's another way to look at the Debt Ceiling: Let's say, You come home from work and find there has been a sewer backup in your neighborhood.... and your home has sewage all the way up to your ceilings. What do you think you should do ...... Raise the ceilings, or remove the crap? Tough decision, Eh?????
-
Numbers that I can relate to. [ame=http://www.youtube.com/watch?v=Li0no7O9zmE&feature=share]DEBT LIMIT - A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY.[/ame] www.youtube.com
-
An illustrated bailout plan that just might work... It is a slow day in the damp little town of Oberlin, Ohio. The rain is beating down and the streets are deserted. Times are tough, everybody is in debt and everybody lives on credit. On this particular day a rich Venture rider from Texas rides into town, stops at the local hotel and lays a $100 note on the desk, telling the hotel owner he wants to inspect the rooms upstairs in order to pick one to spend the night. The owner gives him some keys and, as soon as the visitor has walked upstairs, the hotelier grabs the note and runs next door to pay his debt to the butcher. The butcher takes the note and runs down the street to repay his debt to the pig farmer. The pig farmer takes the note and heads off to pay his bill at the supplier of feed and fuel. The guy at the Farmers' Co-op takes the note and runs to pay his drinks bill at the pub. The pub owner slips the money along to the local prostitute drinking at the bar, who has also been facing hard times and has had to offer him "services" on credit. The hooker then rushes to the hotel and pays off her room bill to the hotel owner with the same note. The hotel proprietor then places the note back on the counter so the rich traveller will not suspect anything. At that moment the traveller comes down the stairs, picks up the note, states that the rooms are not satisfactory, pockets the money and leaves town. No one produced anything. No one earned anything. However, the whole town is now out of debt and looking forward to the next Venture rider maintenance day with a lot more optimism. And that, ladies and gentlemen, is how a bailout package works...
-
hey every one, i dont normaly like to air my own dirty laundry but i need some advice from friends ( you all) my diviorce became finial 2 yrs ago and since i have found a wounderful understanding lady to share my life with. Now here is my problem... she owes me alot of money from the diviorce 14,000 plus but here is the bigger issue taxes!!! while i was deployed to iraq she filed our returns (married filling seprate) she got a refund for 2 years and i got a tax bill for 3600 one year and 6500 for the second. now the judge has ordered a amended return to be filled for both years which would clear all that debt for the most part and im only responcable for 1/2 of any debt now for the real kicker she tried to do the amended taxes herself and fordged my signature on those returns.. the courts now know of this and have kinda left it up to me about sending her to jail.. im tired of her making excusses about not payiong me and i need to get out of dutch with the irs.. any and all advice will be taken under consideration.. thanks in advance. Ron
-
Went to my local yamaha dealer the other day and asked about a new clutch lever. He quoted me a price of $36.00. I thought the price was kinda high. He said there was no after market levers aval for my bike. Does anyone no where i can get a new lever with out going into debt to much. I was afraid to ask about him about the rubber under the cover for my clutch master cylinder, need one of them to..any help please...
-
Hi just wondering if anybody is using the Dave Ramsey debt program? If so did it work or is it working for you? I'm just starting to see that it would be alot easier to have no debt. I mean of course it is but you know that aint easy. Any advice would be appreciated, what with the economy and all things have gotten uglier around here! Thanks for your input.===Danimal
-
In todays economy if you want a job,loan,insurance,etc. It all may depend on your credit worthiness. Do you know your score? Here is an interesting comparison by state. Looks like Texas needs to sell those second gens and pay down some debt. Maybe get a first gen instead. http://www.creditreport.com/info/credit-scores/average-credit-scores.asp
