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What % of us have a Positive Net Worth counting all debt? NET? I'd imagine 20%. Gross%? Probably 25%. Then there's everyone else. If you count default swaps, the vast majority of US financial corps are underwater for the next 2 or 3 eons.

Dan, you raise a good point. Focus and discipline are certainly necessary, but MOTIVATION is the key to getting anything done in life. I was lucky enough to have been in Marching Band in High School, but in later years I wished I'd enrolled in some sports program, especially football. Just...

Matt, you assume everyone who really needs to file Bktcy are literate beyond a 5th grade level.

Cuz he keeps pouring gas on the fire.

Any idea when private and state pension funds will start to default? I don't mean start to default, get bailed out/propped up, I mean as in NO MORE CHECKS... Just wondering as to your timeline on this ?!?!

Bingo!

Who ever said "HE" is competent?:confused:

What, no riots? (thankfully!)

Not to be argumentative, but a "crash" could mean both. I heard Texas Teachers Retirement fund lost around $1 Billion when Enron went under. I, too, worry about loan defaults and pension fund losses.

retaildaytrader said ""however, every other thing that can be taxed will be taxed and the cost will eventually reach the tax payers."" Indeed, this is happening now. Income taxes, however, are going up, and will continue to go up for those who are "RICH", according to the Libboe's...

I forget who posted this on ET, and I apologize for not attributing it to the correct author, however, it's just too good cuz it's too true. If a conservative doesn't like guns, he doesn`t buy one. If a liberal doesn't like guns, he wants all guns outlawed. If a conservative is a...

Bingo!

YES! Finally, someone calls for those who truly have some "skin in the game" to be able to direct the course of our country. Let's also include cops and combat vets on that list.

http://www.newegg.com/Product/Product.aspx?Item=N82E16815101006&Tpk=evga%20dvi Just a thought.

I got a stand-up desk, tried it for 2 days. Took it right back. It felt strange, and the pressure on my knees got to me. I hate the chair I have now and need to buy a half decent one.

California, the 8th largest economy on the planet, pays out state and municipal retirement benefits to widows/widowers of the retired/ now deceased state worker. (sorry, kidney stones are acting up and I've got opiates on board..dunno how to phrase things..) :eek:Now seriously, how long can...

The UK's welfare culture is legendary, and so are the resulting problems. Economic as well as social. US is heading down the same road.

FIDC says 775 banks on "problem list". http://online.wsj.com/article/SB10001424052748704513104575256680430484878.html?mod=WSJ_hpp_LEFTWhatsNewsCollection

20%? :eek:

I don't like any activity wherein innocent people are killed, and police officers trying to keep the peace are set alight with gasoline bombs.