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Re: OMPoC 

By: killthecat in FFFT | Recommend this post (1)
Sat, 23 Nov 13 10:40 PM | 46 view(s)
Boardmark this board | Food For Further Thought
Msg. 58203 of 65535
(This msg. is a reply to 58201 by oldCADuser)

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Well OCU, with so many Americans now having close to zero net worth beyond subsistance level (See 23 million 19-34 year-olds), bankruptcy is an idle threat. And more and more middle class Americans moving down to the lower class every day as Obamanation comes into full bloom. Things won't get really bad until a trillion or two per year of deficit and Fed printing stimulus abates. (See Free Obama Money)


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The above is a reply to the following message:
Re: OMPoC
By: oldCADuser
in FFFT
Sat, 23 Nov 13 9:43 PM
Msg. 58201 of 65535

How about all the good drivers out there who have to pay for car insurance but never seem to get into accidents? This is how ALL insurance works. The alternative is to live your life one incident away from bankruptcy or else expecting the rest of society to clean-up after you. So which situation would you like to see America's "23 million 19 to 34 year-olds" living in?


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