 Originally Posted by Ardor
Are you in debt? If you live in America, the chances are high that you are. I am a financial advisor for Primerica, the leading financial institution of America and todays figures show the average American now spends $1.26 for every dollar he earns.
How is that figure calculated? I would think anyone who has a mortgage would skew this number a whole lot... and having a mortgage is not a bad thing, so long as you can afford it... But if your household brings in say 80K, and you got a 300K mortgage, and you're breaking even (or saving/investing aggrssively), that year, you still effectively spent $3 for every dollar earned :p.
I'll watch the video in a bit, might be interesting... but if I were a conspirator, I wouldn't worry too much about the american public finding stuff out. When they think about bill clinton, all they remember is the monica lewinsky thing... clearly, people never think of the REAL important stuff. The day Paris Hilton got sent back to jail crying, that news report had more hits than three times all the stuff that actually matters. This is one of the reasons why people vote against their self-interests to begin with.
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