06-22-2008, 11:51 PM
morrigan728 Wrote:I don't think this is any one person's fault. It is very easy for you to sit and say "live below your means" - we don't live in that kind of society. Yes, we all know what we "should" do, but that is not what happens in practice. I am not saying anyone is right or wrong, but think about the way our country runs...
Toyota is currently running a promotion, $1,000 cash back for recent college grads. This is given away to young adults who do not have the income yet to support a new car payment.
Think about credit cards, with $500 or more credit limits given to students. Kids are encouraged to use plastic rather than, oh I don't know - work study?!?!?
Mortgage companies approve people for gigantic mortgages, on many houses that aren't worth that amount anyway. Now the mortgage companies are facing major forclosure issues - and they don't suck it up and deal...no they go to the federal government to bail them out. Why is it the feds problem that these companies overextended themselves??
Everywhere you turn, people and corportations are overextending themselves on credit. What is the current US deficit... the government does it too.
I have a knife that was obviously made to cut things so i'm not responsible for the murder i commit with it.
Your statement and mine are retarded.
Life is filled with obstacles. If you fall down a hole get your own ass out. Quit taxing the system because you can't figure out the difference between NEED and WANT.