Unfortunately I have hung up on the lyrics of a toe-tapping, finger pointing, number with a working title of, “Huh?” The problem is playing down the record of time. How is it that our PAC supported politicians did not have access to the educational materials distributed in 1955 to high school classrooms with recommended governmental guidelines of no more than a quarter of a workers income be spent on shelter, and that besides a sizable down payment, a family’s dream house should not cost more than twice a couple’s annual income, if she even worked outside the home.
I remember the example, when I married the first time —for a typical family earning $5,000, of $1,000 down, on a $10,000 home. I know a number of people my age who sold that basic ranch house for half a million dollars. They, however did not benefit as expected, because the dollars required for property taxes escalated even faster.
I guess I can tell this truth with a happy whistle, as I have never actually owned a home, or been saddled with a mortgage. My humble abode is the log cabin I built with my own hands. And as a self employed prospector in the summer, and writer in the winter, I have been blessed for never meeting the requirements of owning a credit card.
Actually that is not something I want to swear to in a court of law, as I did go bankrupt once, over a former Loss Vegas showgirl wife (number three) who died of cancer, that came to “Sugar Daddy,” with all sorts of financial problems I didn’t realize until after our marriage.
Friday, March 20, 2009
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