Comments for My Budget 360 http://www.mybudget360.com Wed, 17 Sep 2014 22:47:12 +0000 hourly 1 http://wordpress.org/?v=3.9.2 Comment on Poor Americans carry a record level of debt leverage: Subprime economics and leveraging the poor into a treadmill of continual poverty. by Ame http://www.mybudget360.com/poor-americans-debt-amount-leverage-income-money/#comment-307732 Wed, 17 Sep 2014 22:47:12 +0000 http://www.mybudget360.com/?p=5833#comment-307732 It occurred to me that the people who jumped from windows in the crash of 1929 were those who were in debt (margin) and suddenly became poor overnight. So what about those who are poor and in debt for X-Y-Z and become squeezed by ever-increasing inflation? Most windows are sealed shut these days, so do they jump from bridges? Bankruptcy is not an “out” for them.

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Comment on Taking an exit from the labor force: Over the last ten years 16 million Americans have dropped out of the labor force. by Dixie and me http://www.mybudget360.com/not-in-labor-force-americans-exit-from-work-number/#comment-307563 Wed, 17 Sep 2014 02:41:25 +0000 http://www.mybudget360.com/?p=5829#comment-307563 I guess retirement for us will be like an elder in his seventies had back in the seventies when I was growing up. He just invested in a stallion, saddlebags, beans, rice, some steel traps and a 22. He lived his life out camping all along the dirt roads in the area that I lived. In the spring and summer he worked for the local farmers.

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Comment on The Perfect $46,000 Budget: Learning to Live in California for Under $50,000. by Stephen http://www.mybudget360.com/the-perfect-46000-budget-learning-to-live-in-california-for-under-50000/#comment-306985 Mon, 15 Sep 2014 10:36:09 +0000 http://www.mybudget360.com/the-perfect-46000-budget-learning-to-live-in-california-for-under-50000/#comment-306985 Mona,
I am interested in hearing more about your journey budget-wise there. I lived there for 10 years, and would like to move back in about 4. I know I can do it, but would like to hear more about your figures.
Thanks,
Stephen

themightylove@gmail.com

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Comment on Taking an exit from the labor force: Over the last ten years 16 million Americans have dropped out of the labor force. by lilcriminal http://www.mybudget360.com/not-in-labor-force-americans-exit-from-work-number/#comment-306681 Sun, 14 Sep 2014 14:35:53 +0000 http://www.mybudget360.com/?p=5829#comment-306681 Just cook meth, that’s all we have left. Break the fuckin laws, they do!

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Comment on The thriving cronyism of the stock market: 81 percent of stock market wealth held in the hands by 10 percent of the population. Housing also being snatched from middle class families. by Ame http://www.mybudget360.com/cronyism-stock-market-wealth-stock-distribution-housing-investment/#comment-306344 Fri, 12 Sep 2014 23:32:22 +0000 http://www.mybudget360.com/?p=5823#comment-306344 Those who owe nothing on a home mortgage, a.k.a. actually owing a home, still have to worry about taxes. In the Great Depression, many lost homes and farms purely for a lack of funds to pay tax. I know. My great-grandfather purchased such a home for the taxes owed; a fraction of what it was worth before the GD came and whisked away so many dreams.

So, if you’re one of those who don’t owe the bank for your home, stock up now on cash/gold/assets in which to pay those taxes for when the economy takes the REAL DIVE so you don’t lose your “retirement” nest egg.

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