[PRCo] Re: Lease back financing

Dennis F. Cramer dfc1 at windstream.net
Sun Dec 14 07:56:15 EST 2008


Do unemployment figures tell the whole story?  Am I correct in thinking they 
only disclose the number of persons receiving unemployment once that runs 
out, they are no longer classified as unemployed?

I agree with John, that no matter where I have been (Delaware, Washington, 
Allegheny, Butler & Armstrong Counties in PA and Wilmington, DE) over the 
past month, the crowds are large and the cash registers buzzing.  Even when 
they do have enough employees to cover them.

People who are working still have disposable income and the credit cards 
keep them buying even if they do not have the disposable income.  This is 
what got us into this mess in the first place.  People living beyond their 
means.

I guess I grew up understanding what it was like to go without and to always 
save for a rainy day.  We never knew when the coal mine was going to go to 3 
days a week or some guy would get pissed off, dump his water, and create a 
strike.


Dennis F. Cramer
      Trombone






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