Do You Live in a High-Debt City?

I suggest that research would indicate that the root cause of the surge in personal debt in D-FW would be the massive transfer of wealth from those throwing sound principles aside to buy personal seat licenses at the Cowboys stadium.

In addition to pulling funds from both retirement accounts and kids' education funds, D-FW residents have been accessing credit card balance transfer promotions to fund the obscene cost of these overpriced seats.

Jerry Jones promised a major economic impact from his stadium. The Experian study putting D-FW second in the nation in personal debt shows that he has delivered on one promise.

Those who find themselves in less than comfortable retirement or with their kids having to study at third tier schools with massive class sizes might find that their person seat license acquisition might not have been their best choice.

dormand of TX 5:01PM May 15, 2010