Economics for blondes
Money, money, money. That’s all people seem to be
talki about these days. It
seems that we are all going to go broke, be homeless, and have no job sooner or later… through no fault of our own, of course, but due to government, the
economy, and big business.
I see a lot of suggestions on how to avoid it, such as consolidating my debt into one big bill that I can’t pay instead of a having a lot of small unpaid
ones. It is called MasterDebt. How appropriate. Somehow I’ve always been of
the opinion that I couldn’t borrow myself out of debt. Obviously, I'm blonde when it comes to economic matters.
It seems that home loans are not covered by MasterDebt. If I can’t pay my mortgage, experts have another solution. Interest on loans is low now, they say
it is a good time to re finance the variable interest rate that is putting me and my MasterDebt card into the poor house. This is the way I can avoid
foreclosure.
Chances are that if I’ve gotten myself so far in that I am consolidating debt,
refinancing, and borrowing from Peter to pay Paul, I am not credit worthy, however, and I can’t get a new mortgage loan. So, I might as well reserve a spot
in the soup line and go broke early before the homeless shelters are all full. At least I won’t have to pay property taxes.
Presuming I still have a job, I will have to pay income taxes, however, unless I
am wealthy enough to have tax shelters and know how to avoid it. Since all the money I make is going to pay MasterDebt, ballooning interest payments, and
taxes, it hardly seems worth the effort.
If I had no income, I would have no taxes. But, without tax payers, the government wouldn’t be able to bail out the banks and auto makers so they can
continue to overcharge me while I pay off high interest loans and MasterDebt.
Somehow, no matter how simple it all seems, the average blonde just can’t come
out on top. If the auto industry goes out of business, I will be stuck with an obsolete, gas guzzling, Chevy that I can’t get parts for and can’t sell because
it is suddenly worthless.
Of course, that isn’t going to happen as the government will continue to keep automakers afloat, at least for a while. So I need to get rid of that
automobile now, before it’s too late. If I don’t have a job, I probably won’t
need a car anyhow.
Things are finally all starting to come together. As I said to start with, we are all going to be broke, homeless, and unemployed before it is over so why
worry myself to death about it? Who’s going to bail me out? Well, no one. If
I am broke, homeless and unemployed, I am on my own.
So I need to follow the advice of the experts and keep on spending to stimulate the economy now why there is still time. I should have plenty of credit
available since I consolidated my loans into a MasterDebt.
Where does it all end? I have no idea. If I did, I would go there and collect.
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