Homestead mailing list

[bob ford <bobford79 AT yahoo.com>]

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
> outside 
> 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 
> mortgage.
> 
> I just heard California threatening that the whole state
> government 
> 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
> 
> 
> 
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