US Households' Net Worth Down by Fifth

OKO200 10:40:40 PM Feb 13 2009

Wanna know why cities and towns have no money when it gets tight???How about all the 45-50 year old municipal, state, and county employees who are already on retirement with fully paid medical insirance for life and COLA payments to boot!!Pretty nice deal if you can get it..We all have been taken by the Public Employees Union.. Why are public employees in unions anyhow??Were not unions formed to protect workers against private greedy corporations. A small percentage of tax dollars goes in direct payments to welfare receipients..the bulk of it goes to the administration of these systems..That is why they will never go away!!

Machinerymartinc 10:41:40 AM Feb 13 2009

LIARS THEY ARE, YOUR NET WORTH IS DOWN ABOUT 50%.

Curtorman1 09:39:27 AM Feb 13 2009

when was the last time you saw a label that said , made in america.?

Kidcat24 09:25:57 AM Feb 13 2009

Bush probably figured I'll have the average persons net worth increase from 2000 to 2004 and then I'll rape them all from 2005 to 2008 and get it all back. Then it will be mine, mine I tell you!!!!!!!

Heddhino6 09:25:51 AM Feb 13 2009

CARL VELACHI APPARENLTY YOU HAVE NEVER WORKED IN AHOT WARE HOUSE INDALLAS I AUGUST OTHJER WISE YOU WOULDNT BE SPOUTING OFF ABOUT PAMPERED WORKERSINAC WORKPLACES EARNING UNIONSCALE GD RIGHT IF I,M GOING TO WORK IWANT TO MAKE GOOD WAGES LIKE THE REST OF AMERICA WHITSE MAKE MORE THEN MEXICAN BORN AMERICANS AND AFRO AMERICANS AND FIRST TO BE FIRED, ALL WHITES HAVE TO DO IS SHOW UP AND ITS LEGA I WENT THRU THIS CRAP LAST FIFTY YEARS WHEN IWAS EMPLOYED I,M ACRIPLLE NOW SEEN SOME HOT DAYS IN MY LIFE AS A BLUE COLLAR WORKER OOPS FOR GOT BLUE COLLAR JOBS ARENT AVAILABLE ILLEGALS TOOK OUR JOBS

Kidcat24 09:17:35 AM Feb 13 2009

Yep, that's a lot of money going out a month. For the average person anyway. Not the wealthy. We have been raped for the last four years.

Heddhino6 09:16:46 AM Feb 13 2009

TO SCHOOL IDONT GO ON VACATION JUST BUYA FEW GROCERIES I PAY TAXES SO ILLEGALS CAN GET CARE ON MY PROPERTY TAXES WE PAY THE COUNTY SO PARKLAND HOSPITAL CAN GIVE MEXICAN NATIONAL CITIZENS MEDICLA CARE HERE ILLEGALLY .WEPAY TAXES ONEVERY THING GROCERIES, GASOLINE, CLOTHING , CREDIT CARD PURCHASES , WE GO WITH OUT SO IRAQ CAN GET OUR TAXES AFGANISTHAN, AND GW BUSH, CAN BAILOUT HIS BUDDIES NWALLSTREET WHILE MAINSTREET GO BROKE GOOGLE CBS 11TV .COM INFRONT OF THE PAGE IS ASTORY THE INVESTIGATORS ,SEEMS CBS IS INVESTIGATING THE LOCAL BANKERS WHO TOOK BAILOUT FUNDS FOR THERE BANKS THEY ALL OWN 1.7 MILLION DOLLAR HOMES, DRIVE EXPENSIVE CARS AND LIIVE IN GW BUSH JR,S NEIGHBORHOOD PRESTON HOLLOW IN UNIVERSITY PARK IN DALLAS , I DARE U GOOLGE IT AND SEE WHO IS GETTING OUR BAIL OUT TARP FUNDS

Heddhino6 09:08:08 AM Feb 13 2009

MY GAS BILLIS 74.00 I HAVE ATMOS I HAVE TXU AND AM PAYING 1,M PAYING 1,M PAYING 194.00 A MONTH ON ELECTRIC BILL , I HAVE ONE CELL PHONE 59.00 A MONTH, REST IS TELEPHONE TAXES COMES OUT TO 144.00 AMONTH FOR DSL , I HAVE INTERNET , AND LANDLINE 80 .00FOR THAT WATER BILL IS 44.00 AMONTH DONT WATER OR USE NATURAL GAS OR USE LEECTRICITY FOR ANYTHING IT,S BEEN WARMER THEN NORMAL THIS YEAR IN DALLAS,CITY SCHOOL TAXES ARE 800 DOLARS AYEAR I,M ANOLD MAN DONT HAVE ANY KIDS IN SCHOOL ,HOME INSURANCE IS 550.00 A YEAR , HAVE TRUCK PAYMENT FOLKS WITH BAD CREDIT CANT GET CHEAP INTEREST ON VEHICLKES OR HOME REMODELING EQUITY LOANS ITSA ABOUT 8.8% ON HOME LOAN HALFOF MY PAYMENT IS INTERESTSREMEMBER THOSE EQUITY LOANS ALL THE BANKS ADVERTIZEDS THEYARE SO COOL AFTER ALL MY HOUSE WAS SOLD TO ME FOR 20,00OIN 76 ,I GAVE THE MAN 4,000 EQUITY PAID IT OF IN 99 NOW THEY SAY THAT IT APPRAISES FOR 103,000 ACTUAL VALUE IS ABOUT 61 ,000 SO I,M OVER VALUED FOR TAX PURPOSES SO ICAN PAY TO SEND ILLEGAL A;LIOENS

Kidcat24 08:54:18 AM Feb 13 2009

I will tell you what is part to blame for your net worth dropping. Your utility bills doubling and tripling in the last few years. My gas, electric, and water have lowered this families net worth. We pay ridiculous prices. Why wasn't that mentioned in the article.

JHbonz 08:51:23 AM Feb 13 2009

dterraman-I agree but for now we need to forget the politics of it and do something. The one thing the average American can do about the current situation is buy American products. We are the biggest consumer on the planet.