FallbrookFarmer
Platinum Member
Only a matter of time until I start my crop of poppies!
And when we talk about Coke a Cola we won't be kidding
Has the economy affected you and your tractors?
- Thread starter Tred Boyota
- Start date
- Views: 14579
- Status
Only a matter of time until I start my crop of poppies!
And when we talk about Coke a Cola we won't be kidding
dave1949
Super Star Member
Here in California, it is based on percentage, a tax on a tax if you will, I always thought that was illegal, but I am learning as I get older, please pass me the recreational marijuana, I think I need it
Gasoline tax information - California Gas Prices
Some are fixed per gallon excise taxes and some are percentage of price taxes.
Dave.
FallbrookFarmer
Platinum Member
hawkhart
Member
It costs real money to be poor in this country. Live in a crudy neighborhood, but responsibly within your means - you will pay higher loan interest rates and all types of insurance rates will be higher. Can only afford 50 gal. of heating oil in one delivery? - pay a delivery surcharge. Your children will likely not be attending great schools nor get the same opportunities for post-secondary education. Can only afford a very used car? - no warranty to speak of, maybe 30 days not worth the paper it's written on. When renting, low income people rarely receive equivalent/proportional value for their rent dollars. Every once in a while I spot these little facts of life. People don't generally realize how expensive it is to be poor. If you watch, you may see them also.
The bottom line is, the economy grew, a relatively low number of people benefited enormously and they have tax bills accordingly. The majority of people did not benefit, even went backwards. Some of them are now Tea Party attendees vigorously blaming mostly the wrong people.
Dave.
Dave,
you are so right about all that.:thumbsup: Just wanted to let you know some folks understand that being less than well-off is like being on a golf course with all sorts of extra sand traps and water hazards. Fees, deposits, rates, everything is more for them, and harder to come up with, and makes it ever harder to move up. Except, of course, recently, when the move-up dream was just a sales pitch, when banksters and lenders were pushing property loans to folks with thin resources, telling them it would be fine and their property would always go up, sign here with no deposit needed. They left out the part about there being no money to back that loan, or that it was based on fanciful inflated values created by the collusion of lenders, ratings agencies, and securitized mortgage resale scamsters. The un-wealthy are always paying more, and also always being targeted by those who like shifting what little income they do have away and upward. Results are predictable and I see them every day, holding signs at the shopping center entrances, and living in motels with their kids, or in their cars in the forests near here. Like you said, lots of folks went backward, and are still falling. Poverty is expensive, and lots of people fight to keep it that way.
dcyrilc
Elite Member
Agreed. Now will you PLEASE pass the bong
WOW!!! We found something Fallbrook agrees with you on Dave. Miracles really can happen.
Better be careful Fallbrook...the next thing you know, you'll be inviting Dave to come visit.
FallbrookFarmer
Platinum Member
Dave,
you are so right about all that.:thumbsup: Just wanted to let you know some folks understand that being less than well-off is like being on a golf course with all sorts of extra sand traps and water hazards. Fees, deposits, rates, everything is more for them, and harder to come up with, and makes it ever harder to move up. Except, of course, recently, when the move-up dream was just a sales pitch, when banksters and lenders were pushing property loans to folks with thin resources, telling them it would be fine and their property would always go up, sign here with no deposit needed. They left out the part about there being no money to back that loan, or that it was based on fanciful inflated values created by the collusion of lenders, ratings agencies, and securitized mortgage resale scamsters. The un-wealthy are always paying more, and also always being targeted by those who like shifting what little income they do have away and upward. Results are predictable and I see them every day, holding signs at the shopping center entrances, and living in motels with their kids, or in their cars in the forests near here. Like you said, lots of folks went backward, and are still falling. Poverty is expensive, and lots of people fight to keep it that way.
Of Course Dave is right, that being poor is MORE expensive.
And it does appear to be the problem of PayDay lenders, and NINJA loans, EZ credit,
but if you look at the REAL root cause of the problem, Who creates "easy" money. Who sets the rates for lenders?
Who says that owning your home should be a "right"
Who is it that mandates all sorts of rules for business, to "protect the little guy" that business passes on to the the "little guy"
Look behind the curtain, that's where your answer is.
FallbrookFarmer
Platinum Member
WOW!!! We found something Fallbrook agrees with you on Dave. Miracles really can happen.
Better be careful Fallbrook...the next thing you know, you'll be inviting Dave to come visit.
Only if he brings some peacock food with
300UGUY
Super Member
Kinda funny story about getting married. We had to take a marriageability exam with the pastor of our church. She is Catholic, I no longer was. The priest tells us to answer the questions honestly, not how you think your spouse will want you to answer. There were 6 areas of questions: Finance, religion, children, marriageability, hockey and potpourri (I don't remember the last two). We filled it out in separate rooms and came back a week later to review the results with the priest. We scored 95% compatible on finance, children and marriage. We scored 95% incompatible on religion, hockey and potpourri. The priest says "Hey, 50-50! You got just as good a chance at succeeding as everyone else!" and we all laughed hard! :laughing: It will be 25 years in September. :thumbsup: If you ask her, I am the one that chose well. :laughing:
We are fortunate that we have jobs that offer O.K. health insurance, although that is going up and there are more hoops to jump through every year. I would be ticked about it, except everyone else in the country has to deal with it, too.
In respect to my earlier comment, 40K per year now is still pretty slim. 10, 15, 20 years ago, it was easier to manage, but I think for a young family now, with 40K total income, it would be very tight. Btw, my wife and I are celebrating 25 years of marriage this September 21. Our priest didn't give us a test, but we did go thru a workshop with about a dozen couples. I don't know about the other folks, but I know I married "up".
hawkhart
Member
Behind the curtain?
Companies, lobbyists, and politicians getting their money. Federally fund elections to start with. (And no, corporations are not "people" and never have been really, that bit of nonsense has to be rolled back, visit "movetoamend.org".) Owning a home, increasing home ownership and removing barriers to ownership, has been in the platforms of parties for decades. Not as a "right", but as a goal for American society. It still is, I think. And rules on businesses are undoubtedly costly, but necessary. The trick is making them relevant and worthwhile. Most companies always try to internalize profits and externalize the costs. Unbridled greed and no rules or few watchmen got us to here, this economy. It isn't the answer to take us out.
I've enjoyed reading this whole thread this weekend. Lots of respectful, if different, but thoughtful opinions.:thumbsup:
For myself, as to how this thread began, the economy delayed a tractor purchase for two to three years, until this year. It was tough to spend the money amid the uncertainty and my income declined, but for my family this year is getting better, so new tractor is coming.
dave1949
Super Star Member
When an industry like PayDay Lending pops up and becomes common place, do they have any mandated interest rates? When attempts are made to cap the rates, that gets a lot of flak from free enterprise proponents.
Nothing wrong with protecting free interprise, but in some cases it is done to the extreme detriment of people who really don't know what 30% interest means. I know that is a sad state of affairs, but it may be cheaper to protect them than it is to keep handing out food stamps.
What do we as a society really owe a lender charging a biblically usurious 30%? How does that lender benefit the general welfare of the country?
Dave.
- Status
