[Homestead] Is it serious, or is it not?
bobford79 at yahoo.com
Wed Oct 1 19:02:09 EDT 2008
I agree with you. You asked if I thought lots of jobs will be lost. I'm about your age, and I think this will be unlike anything in our lifetimes, if it becomes even close to projections. This will make the Carter years, (farmer's borrowing at 21% , many losing farms, huge gas lines, and high unemployment) look like candyland.
I don't know about California, but Arizona is over one billion dollars in the red, already. ...bobford
--- On Wed, 10/1/08, Lynn Wigglesworth <lynnw1366 at hotmail.com> wrote:
> From: Lynn Wigglesworth <lynnw1366 at hotmail.com>
> Subject: Re: [Homestead] Is it serious, or is it not?
> To: bobford79 at yahoo.com, homestead at lists.ibiblio.org
> Date: Wednesday, October 1, 2008, 4:45 PM
> bob ford wrote:
> > 1)Just like you lynn, they have mortgage payments.
> Unlike you, they depend on outside jobs to make those, and
> other, payments.
> So you assume there will be a lot of jobs lost? I depend on
> money; a large part of my income is child support from my
> ex. If times
> get bad enough that I lose that, a lot of people will be
> hurting, and
> locally grown food will be in demand. I can live without
> utilities and a
> lot of other things, but I'm sure I can always make
> enough to pay my
> I just heard California threatening that the whole state
> could be shut down because of lack of money by the end of
> the month.
> Does that mean that they have no cash and borrow money that
> often to
> make payrolls, etc? A LOT of people and governments need a
> wake up call
> to start living within their means.
> Lynn Wigglesworth
> Stay up to date on your PC, the Web, and your mobile phone
> with Windows Live.
More information about the Homestead