Quote:
Originally Posted by buggyone
A couple of points here - Banks are still not paying any interest to speak of on savings. Definitely true but interest on loans and mortgages is at a very low point also. Remember under Carter that interest on savings was paying 10% but interest rates on mortgages was 15%? What is good for some is not good for others.
Lots of conservative posters here have been arguing that Obama should start arming rebels in Syria. Good idea or not? Time will tell. I say not.
Obamacare is not going to hurt you financially at all - and you will continue to get the same quality and timeliness of healthcare you get right now.
|
buggyone - good news - loan/mortgage rates are low; bad news - i don't need either and am not selling a home so i don't need anyone to get a mortgage to help me there. [ps - i paid 14% back then but was glad to get the 10% back on savings - net 4% cost. was thrilled when we could refi to [9%, 6% and then 4%]
syria - yes, time will tell BUT the secrecy is the polar opposite of obama's campaign promise of transparency!
obamacare won't hurt me financially - what about the tax on investment income? mine might not be as much as mitt's or buffett's - but i still do a happy dance all the way to the bank when those dividend checks come in! how much of that is obamacare gonna take from me to pay for something for someone else!