Forum Replies Created
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AuthorPosts
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UCGal
ParticipantI worked for a very small company that did modem drivers (among other things) back in the pre-wireless 90’s. (Remember dial up and windows 3.1?) Intel bought that software package making the owners rich. Very rich. The driver code they bought was obsolete the day it was bought.
But the owners of the company made a bundle. The guys who wrote the code got very small bonuses and mostly left in anger. I worked on different stuff but was still disgusted and I left the company shortly thereafter.
UCGal
ParticipantI worked for a very small company that did modem drivers (among other things) back in the pre-wireless 90’s. (Remember dial up and windows 3.1?) Intel bought that software package making the owners rich. Very rich. The driver code they bought was obsolete the day it was bought.
But the owners of the company made a bundle. The guys who wrote the code got very small bonuses and mostly left in anger. I worked on different stuff but was still disgusted and I left the company shortly thereafter.
UCGal
ParticipantI gave up on McAfee a year ago… A *nasty* virus got past McAfee – I was able to kill it with the FREE microsoft security essentials.
Free, works better… yeah, I’m a fan.
UCGal
ParticipantI gave up on McAfee a year ago… A *nasty* virus got past McAfee – I was able to kill it with the FREE microsoft security essentials.
Free, works better… yeah, I’m a fan.
UCGal
ParticipantI gave up on McAfee a year ago… A *nasty* virus got past McAfee – I was able to kill it with the FREE microsoft security essentials.
Free, works better… yeah, I’m a fan.
UCGal
ParticipantI gave up on McAfee a year ago… A *nasty* virus got past McAfee – I was able to kill it with the FREE microsoft security essentials.
Free, works better… yeah, I’m a fan.
UCGal
ParticipantI gave up on McAfee a year ago… A *nasty* virus got past McAfee – I was able to kill it with the FREE microsoft security essentials.
Free, works better… yeah, I’m a fan.
UCGal
ParticipantI’m with FSD on this. I remember my first mortgage the DTI max was low 30’s – this was 1991.
Think about it, DTI is based on gross income. We all complain that taxes are too high – but we all have payroll deductions that take a chunk of our gross pay. Factor in any 401k contributions – even less take home… then allow for 48% of your gross to go to debt (including housing) – you don’t have enough left over for food, clothes, child care, etc…
48% is WAY too high. You’d have to give up retirement savings and basic necessities like gas for your car.
UCGal
ParticipantI’m with FSD on this. I remember my first mortgage the DTI max was low 30’s – this was 1991.
Think about it, DTI is based on gross income. We all complain that taxes are too high – but we all have payroll deductions that take a chunk of our gross pay. Factor in any 401k contributions – even less take home… then allow for 48% of your gross to go to debt (including housing) – you don’t have enough left over for food, clothes, child care, etc…
48% is WAY too high. You’d have to give up retirement savings and basic necessities like gas for your car.
UCGal
ParticipantI’m with FSD on this. I remember my first mortgage the DTI max was low 30’s – this was 1991.
Think about it, DTI is based on gross income. We all complain that taxes are too high – but we all have payroll deductions that take a chunk of our gross pay. Factor in any 401k contributions – even less take home… then allow for 48% of your gross to go to debt (including housing) – you don’t have enough left over for food, clothes, child care, etc…
48% is WAY too high. You’d have to give up retirement savings and basic necessities like gas for your car.
UCGal
ParticipantI’m with FSD on this. I remember my first mortgage the DTI max was low 30’s – this was 1991.
Think about it, DTI is based on gross income. We all complain that taxes are too high – but we all have payroll deductions that take a chunk of our gross pay. Factor in any 401k contributions – even less take home… then allow for 48% of your gross to go to debt (including housing) – you don’t have enough left over for food, clothes, child care, etc…
48% is WAY too high. You’d have to give up retirement savings and basic necessities like gas for your car.
UCGal
ParticipantI’m with FSD on this. I remember my first mortgage the DTI max was low 30’s – this was 1991.
Think about it, DTI is based on gross income. We all complain that taxes are too high – but we all have payroll deductions that take a chunk of our gross pay. Factor in any 401k contributions – even less take home… then allow for 48% of your gross to go to debt (including housing) – you don’t have enough left over for food, clothes, child care, etc…
48% is WAY too high. You’d have to give up retirement savings and basic necessities like gas for your car.
UCGal
Participant[quote=investor]Bs. By the way, I do believe that the current administration has reinflated the bubble by throwing 850 billion in TARP at it[/quote]
Just to nitpick – TARP happened under the previous administration- Paulson, Kashkari, etc. But, in fairness, the current administration (with Geithner as Sec. of Treas) has continued the same bankster-friendly give-aways to try and reinflate things – at the expense of the taxpayer. Different party, same policy.
UCGal
Participant[quote=investor]Bs. By the way, I do believe that the current administration has reinflated the bubble by throwing 850 billion in TARP at it[/quote]
Just to nitpick – TARP happened under the previous administration- Paulson, Kashkari, etc. But, in fairness, the current administration (with Geithner as Sec. of Treas) has continued the same bankster-friendly give-aways to try and reinflate things – at the expense of the taxpayer. Different party, same policy.
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