Out of Touch

QUINNSCOMMENTARY · Post by **QUINNSCOMMENTARY** » Mon Jul 21, 2008 6:38 am

I always thought that I had a sound grounding in reality, but recent events appear to have blown that theory.

An article in the paper to day says "with many Americans having trouble justifying a $3,00 cup of coffee (at McDonalds) when their home values are dwindling..."

I don't know about you but I never through of my home as an asset to be spent on a cup of coffee. What am I missing here? :-5

I bought a house in 1987 at the height of that housing market, the mortgage rate was 9.75% on a thirty year fixed rate. It took nearly ten years for the house to be worth what I paid for it as the market collapsed. Do you remember that housing crisis? Likely you don't, why? Becasue people were not out there buying what they could not afford and yes, bankers were not willing to give a loan for less than 10% down and sometimes more.

And I must admit, I never spend $3.00 for a cup of coffee, especially at McDonalds. What I want to know is what are these people doing eating out anywhere if there house is declining in value? :wah::wah::wah:

Accountable · Post by **Accountable** » Mon Jul 21, 2008 6:52 am

Augh! Obviously you're a dinosaur, behind the times. Don't you know that you can't use money as a measure of success? Or Happiness? Or standard of living? Why should people be expected to suffer simply because they're unwilling to give up what's important - like a really well made latte - simply to join the rat race??

You just don't get it.

QUINNSCOMMENTARY · Post by **QUINNSCOMMENTARY** » Mon Jul 21, 2008 8:06 am

[QUOTE=Jester;923761]3 bucks for a cup of joe? at McDy's? You've got to be kidding me... a cup of coffee is about a buck at McDy's... and it taste like acid rain...

McDonalds is on my boycott list, so I don't go there anymore so it might be that much.

Some McDonalds are trying to play Starbucks and offer Espresso and Latte' so that's where the three bucks comes from.

chonsigirl · Post by **chonsigirl** » Mon Jul 21, 2008 8:11 am

I never go to take out, I brown bag it to work. And I don't drink coffee, so never understood why people pay so much for it at places like Starbucks.

AC! You know teachers keep their own coffee pots in the back of the classroom!:wah:

Accountable · Post by **Accountable** » Mon Jul 21, 2008 8:36 am

chonsigirl;923847 wrote: I never go to take out, I brown bag it to work. And I don't drink coffee, so never understood why people pay so much for it at places like Starbucks.

AC! You know teachers keep their own coffee pots in the back of the classroom!:wah:
Actually, I get my caffeine before work even starts. I'm too naturally wired to drink coffee all day!