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Speaking of blowing taxpayer dollars, Michael Smith will be decorating the White House for the Obamas. Ironically, he was the decorator for Merril Lynch's CEO John Thain's office as the company was laying off its employees.
During these tough financial times, it is difficult to learn that he spent:
$87,000 for area rugs
$68,000 for 19th century credenza
$35,115 for a "commode on legs"
$28,091 for curtains
$25,000 for a pedestal table
$18,468 for George IV chair
$10,967 for Roman shade fabric
$7,315 for Roman shades
$5,852 for coffee table
$2,741 for wall sconces
$1,405 for parchment waste can
What do you think we taxpayers will be paying for the decorate? These are tough financial times, remember?
I guess you believe it better to do something even if it isn't likely to help...
Can you explain how going deeper into debt(with money you do not have) is the way to get out of debt?
The reason there is no solution is simply because the system of credit cannot be sustained...
You cannot borrow your way out of debt.
It lays the foundation for long term growth with the proper implementation. Ohh no I referenced the future. Shame on me. If were going down, I'd rather go out swinging instead of whimpering. Maybe you plan on eating your complaints and filling your tank with your critiques the rest of a miserable depressed life.
Speaking of blowing taxpayer dollars, Michael Smith will be decorating the White House for the Obamas. Ironically, he was the decorator for Merril Lynch's CEO John Thain's office as the company was laying off its employees.
During these tough financial times, it is difficult to learn that he spent:
$87,000 for area rugs
$68,000 for 19th century credenza
$35,115 for a "commode on legs"
$28,091 for curtains
$25,000 for a pedestal table
$18,468 for George IV chair
$10,967 for Roman shade fabric
$7,315 for Roman shades
$5,852 for coffee table
$2,741 for wall sconces
$1,405 for parchment waste can
What do you think we taxpayers will be paying for the decorate? These are tough financial times, remember?
LOL...It's the White House. I guess they should furnish it with bean bag chairs and bunk beds.
It lays the foundation for long term growth with the proper implementation. Ohh no I referenced the future. Shame on me. If were going down, I'd rather go out swinging instead of whimpering. Maybe you plan on eating your complaints and filling your tank with your critiques the rest of a miserable depressed life.
Borrowing money is going out swinging?
Putting future generations into debt is going out swinging?
We plan to simplify our life to the point we can survive without debt.
I suggest everyone do the same simply because the credit won't be there.
But I do not really care about others,they can make their own decisions.
I earned 133 for my BS and 39 for my MS..Very few economics courses I might add but I have something economic courses don't supply you with and that's common sense. If you do nothing things will get worst. If you implement Obama's proposal, things might get better or they might get worst. Common sense tells me to go with 50% chance instead of the 0% chance of improvement.
Furthermore, I'm sure those who designed Obama's plan have more Economic experience than you or anybody else on this board.
No argument from me and thats my point. I do have a lot however.
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