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Client: Frank T. (Buffalo, NY)
Vehicle: 2003 VW Passat
Book Value: $17,789
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Vehicle: 2002 Ford Expedition EB
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Vehicle: 2002 Hyundai Elantra
Book Value: $9,975
Purchase Price: $475
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The average person can’t continue to pay the ridiculously high food prices at super markets,Gasoline gallon cost, underwater home mortgages with values still dropping,Student loans with no available jobs, high priced repossessed auto resell meanwhile the market is flooded previously owned cars & trucks. Credit card debt due to job loss or medical bills etc.

The citizen majority has high debt due to employers suppressing wages,busting & eliminating unions, lack of opportunity for workers to be co-owners of corporations without stock purchase hence their toiling labor ain’t enough for the tyrants at the top.

Did i mention the 14.3 trillion dollar deficit the federal govt & corporate business says each of you citizens are responsible for.

I’m thinking we get rid of the oppressive failing parts & take control over money,business & govt for ourselves under a true daily direct Democracy.

Oh did i mention how both Legal & illegal immigration supported & carried-out by the federal Govt & the business community for a cheap labor supply & treasonously outcasting several generational americans into poverty over the past 40 years has had a stifling effect.

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10 Comments »

  1. Yes and the republicans would like to see that spread between the haves, and the have not’s become even greater.

    Comment by Ed — May 13, 2011 @ 4:14 am

  2. Yeah, absolutely! When has wealth been spread around anywhere?

    Comment by goodluckwithhat — May 13, 2011 @ 4:14 am

  3. The high costs are due to liberal ideas.

    1 – Ethanol has caused the price of food to rise because our farmlands are being used to raise fuel for cars – not for human consumption.

    2 – Increased taxes always result in inflation, higher prices, and a bad economy. Look it up.

    3 – Unions cause prices to rise. When you have to pay some low-skilled assembly line worker $40/hour, that price is reflected in the product he’s producing.

    4 – Credit card debt is the fault of the credit card user. People won’t make sacrifices in order to keep their heads above water financially. They won’t drop the cable, move to a smaller home, keep their running car for a few more years, skip the family vacation, or do one other thing to keep their costs under control. Why? Because people like you think people like me should bail them out.

    5 – Underwater home mortgages. Again, the fault of the person who signed the papers. When you buy at the top of the market, you will lose money. Period. If you are so financially incompetent that you don’t understand that, you should not own a home. Sorry. Home ownership is only for responsible adults. It’s like the stock market – buy low, sell high. If prices are topping out, rent until they come down. There are tons of options.

    I could go on and on, but it all comes down to personal responsibility. I am sick and tired of LITERALLY paying for other people’s mistakes.

    .

    Comment by FozzieBear — May 13, 2011 @ 4:14 am

  4. It’s all part of the George Soros strategy, he has successfully collapsed other nations and now with the help of 0bama and the democrats he’s on a mission to collapse ours.

    Comment by mooned22 — May 13, 2011 @ 4:14 am

  5. Almost everything you say is false. The economy is growing and income went up last quarter. Credit card debt (and other debt) is up and that is not good, but not for the reason that you give. It is up because we buy several $35000 cars and huge TVs. The majority of corporate stock is owned by middle class people through their 401-Ks. Student loans without jobs is most often caused by the major that people pick. There has never been a lot of jobs for majors is liberal arts areas. Business, nursing, and science majors have a lot less problems getting jobs. Immigrants often take jobs that Americans just will not do, such as picking produce. The US debt really is that high. but there is no way that citizens will vote for tax increases or real spending cuts. The best thing that the government could do is to stop trying to control the economy.

    Comment by Chris — May 13, 2011 @ 4:14 am

  6. Wow! So much that you believe is simply not true.

    I don’t have the time or energy to fix your misconceptions. So I’ll just ask you this – when was the last time that an "average" person gave you a job?

    Comment by Tenth Amend — May 13, 2011 @ 4:14 am

  7. put your tin foil hat back on

    they can’t read our thoughts that way

    Comment by Meet The Flockers — May 13, 2011 @ 4:14 am

  8. and yet, when I go to the grocery store, there are lines at each cashier, when I get gas, most of the pumps are being used; in fact, every store I go to has lots of customers

    Comment by Paladin — May 13, 2011 @ 4:14 am

  9. Indeed, those who have been working so hard to take money from the poor may live to regret it. Eventually all systems will reach political instability. It just seems stupid to work toward that and assume it will help you. ∠°)

    Comment by Angela Q — May 13, 2011 @ 4:14 am

  10. Couple of things. 1st off, the $14.3 trillion is the national debt, not the deficit. Big difference between those two things.

    2nd, 1/3 of the debt is intragovernmental holdings. That is the SS, Medicare, road tax surplus trust funds, the government basically borrows from it self. $9.6 trillion is in Treasury securities owed to bond holders (public debt http://www.treasurydirect.gov/NP/BPDLogin?application=np

    While China is the largest individual holder of securities, collectively, US retirement (pensions, 401K.IRA’s) and mutual funds, owned by American citizens, are the largest owners of the public debt.

    3rd, high prices and inflation are predominately due to the Fed’s (Federal Reserve) massive bond buying to increase the money supply http://www.investopedia.com/terms/q/quantitative-easing.asp
    http://online.wsj.com/article/SB70001424052748703529004576160303812858240.html
    http://www.moneyshow.com/investing/article/37/Jubak_Journa-22831/2-Musings-on-the-Death-of-QE2/

    Comment by gosam777 — May 13, 2011 @ 4:14 am

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