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Our National Debt, Your Family Share

By Colleen Lane

Real Estate Sales Representative with Kennewick Richland (and West) Pasco WA Homes For Sale

October 18, 2008 03:30 AM

This morning on MSNBC, this AP image tells a thousand words:

Our National Debt | Your Family Share

Folks, I hope you are using your hard earned real estate monies to pay off debt and gather up a small nest egg of emergency funds. My wife and I are. The future is certainly going to be tough once we sort out all the money the government is pumping into the system. And, we haven't even touched the credit card crisis that looms ahead of us like the tsunami it is.

•:*¨¨*:• Joe & Colleen Lane •:*¨¨*:•
Our ActiveRain Blog / Our Localism Blog

Colleen is the Realtor® that makes things move in The Lane Real Estate Team, while Joe (that's me) is the dude that provides the marketing that gives Colleen the great clients they have. Colleen's sole purpose in life is to serve her God, family, and clients. Joe's sole purpose in life is to serve God, Colleen, and family (and ski). Joe and Colleen have five children, all at home, all theirs. Joe and Colleen have been happily married for 23 years, and Joe has forgotten the anniversary almost all of those years! Joe and Colleen service the Tri Cities Washington real estate market to include Kennewick, Richland, and Pasco, Washington. Oh, their house is for sale!

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Susan Laxson CRS

Palm Properties - La Quinta, CA

Realtor in San Diego, CA & Naples, FL

Emergency funds, reducing credit card debt, tightening our budget and yes, waiting for the tsunami... because as your picture shows us, if we don't tackle it now, our children and generations down the line will have to. Thanks for the post.

Oct 18, 2008 03:50 AM

Frances C. Rokicki

Fran Rokicki Realty, LLC - Bolton, CT

Broker-Mentor,CRS

I try not to think about it! Imagine if tax cuts become a reality? You know we really cannot afford to pay for that or national health insurance! Interest rates are starting to climb already. It's like President Jimmy Carter all over again. 21% interest rates! Do you remember when? Should be very interesting!

Oct 18, 2008 03:52 AM

Brian Brumpton

Keller Williams Boise - Boise, ID

Boise Idaho Real Estate

It's a good point you make here. The thought of the amount of debt we carry in this country is scary.

Oct 18, 2008 04:02 AM

Colleen Lane

Kennewick Richland (and West) Pasco WA Homes For Sale - Kennewick, WA

Realtor(r) 509.438.9344 www.LaneRealEstateTeam.com

I just updated the blog entry with McCain's take on Obama's tax plans. I believe in welfare, etc., but when we have money to spend for it.

Oct 18, 2008 04:23 AM

Chip Jefferson

Gibbs Realty and Auction Company - Columbia, SC

I have renegotiated my debt and consolidated what I can. Thanks god we dont use that much credit except in Real Estate purchases. Flips have been my money maker this year so far.

Oct 18, 2008 04:30 AM

Debbie Summers

Charles Rutenberg Realty - New Smyrna Beach, FL

Joe & Colleen - It's disgusting that some are really going to benefit financially during these times of uncertainty... I think that it's good advice to have *emergency* funds on hand...

Oct 18, 2008 04:48 AM

Our National Debt, Your Family Share

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Colleen Lane

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