Friday, April 17, 2009

The guy who sells me my milk and eggs was agitated when I popped in Tuesday April 14. He had just talked with the person who does his taxes and was incredulous that he owed money. "This is the least I have ever made and I have to PAY?!?!" He said he had claimed 3 exemptions so that he could make his house payment. He raged for awhile about the death of the middle class. Don should be the middle class, gosh darn it. He wears his overhauls and goes to work every day and does his job. Yet he makes so little that claiming 3 exemptions on his taxes makes the difference between paying and not. He didn't have the money to pay it.
But on the news the same day I heard how as soon as Merrill Lynch received $10 billion from the Treasury Department’s Capital Purchase Program (CPP) they issued $3.6 billion ($3,600,000,000) in stockbroker bonuses from their bankrupt company.
It's easy to understand why there is skepticism at the roots.

2 comments:

Anonymous said...

We enjoy your take on your community. we have had trouble sending our comments, so this is a trial. twocatbirds

Anonymous said...

Things are changing so fast it is difficult to keep up. In our neck of the woods, we still have hope and cheer for all the multitude of areas that our new president is trying to change. The middle class is being squeezed for sure; we feel it everyday as prices creep up and fixed income remains fixed. Hang in there and keep doing all the things you do and explore.