Home Equity Cup of Coffee

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QUINNSCOMMENTARY
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Joined: Sat May 10, 2008 4:56 pm

Home Equity Cup of Coffee

Post by QUINNSCOMMENTARY »

I had my doubts about the doom and gloom surrounding our economy. After all if you are one of the 95% of Americans with a job and you don’t have an ARM on your home what has changed? Relax, have a cup of coffee and watch the stock market recover.

Ooops¦Starbucks thinks otherwise. “California and Florida account for 32 percent of Starbucks' U.S. retail revenues and 31 percent of its U.S. company-operated retail stores, and Starbucks pointed out in the release that those states have been particularly hard hit by a rough housing market. I know people routinely put their home at risk to pay for a new motorcycle, or a trip to Disney or even that much needed granite countertop, but a cup of coffee?

A Vendi, mocha, cappuccino, latte whatsamacallit is an expensive little enjoyment, but you need a home equity loan? Who knew? :(

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Accountable
Posts: 24818
Joined: Mon May 30, 2005 8:33 am

Home Equity Cup of Coffee

Post by Accountable »

It's hit a couple of our Gardeners here, and that hurts. But most of us are still in pretty good shape, I think.
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flopstock
Posts: 7406
Joined: Sat Dec 29, 2007 2:52 am

Home Equity Cup of Coffee

Post by flopstock »

I refuse to drink coffee. Too many addicts out there already, IMO.:thinking:
I expressly forbid the use of any of my posts anywhere outside of FG (with the exception of the incredibly witty 'get a room already' )posted recently.

Folks who'd like to copy my intellectual work should expect to pay me for it.:-6

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