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  • From: bobf <bobford79 AT yahoo.com>
  • To: roxann <roxann AT ancientearthwisdom.com>, homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Sky-is-falling forecasts
  • Date: Mon, 29 Dec 2008 17:04:57 -0800 (PST)

That's the rub. And most people; even conservative, pay-the-bills-on-time,
have bills to pay . With no income, there is no cash to pay the bills. This
is the type of suffering by the 'wrong' people I fear in an economic debacle.


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--- On Mon, 12/29/08, roxann <roxann AT ancientearthwisdom.com> wrote:

> From: roxann <roxann AT ancientearthwisdom.com>
> Subject: Re: [Homestead] Sky-is-falling forecasts
> To: homestead AT lists.ibiblio.org
> Date: Monday, December 29, 2008, 5:52 PM
> If we can't retrieve the funds from our IRA if economic
> disaster strikes, we are one paycheck away from a personal
> disaster. bills would have to go unpaid and unless someone
> wants to buy all the things I could possibly sell, even the
> house note would have to go unpaid. If we can retrieve the
> money, then we could hold down the fort for about 6 months
> with no additional income and no additional expenditures if
> it appears that there will be no way to make an income.
> trading is great for procuring things you need, but it sure
> doesn't pay bills (electricity, propane, bank loan,
> etc.) I could do without all the amenities but I'd still
> have to pay the land taxes and bank loan. And ours is a very
> small loan by most people's standards.
>
> Roxann, NW AR
> http://blog.ancientearthwisdom.com (Ozark Musings from the
> homestead)
>
>
> -------Original Message-------
>   AND, a lot of folks are *one*
> paycheck away from complete disaster.
>
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