I would like to just give a shout out and say thank you to all the wonderful, kind hearted and GREEDY people out there. Why, you ask? For one thing they have helped to bring down the cost of homes so that the prices reflect their actual value, instead of the inflated prices everyone bought them for. I might take that job I always wanted in California, although, probably not. I would just like to ask, who thinks to themselves, "Well, I don't need the bigger house that the real estate person says I should get and, well, that does sound expensive but, what the heck! I will buy the $400,000 house anyway."?! Those are the people who got us into this mess!
I get, at least once a month, a note from banks saying they will give me a credit card with a $20,000 credit limit. But hello,people, that DOESN'T mean I should go out and buy $20,000 worth of stuff on credit, that I won't be able to pay back. In this economic crisis, we shouldn't be blaming the banks we need to be blaming our own greed. We are supposed to be adults! The old saying "My brother made me do it!" doesn't work. Yes, the banks were dumb to loan money they didn't have while thinking that the more they lent out the more they would get back. But, still! Just because the salesman/banker says "Go ahead and get the bigger house, boat, or car!" doesn't mean you should. It is time to be adults and make your own choices.
Also, why is it always the government's fault when things go bad? I thought in America we had the freedom of choice in regards to what we do with our money and how we spend it. Maybe I just missed that day in civics class. And, if people REALLY want to go with the "lets pass the buck" mentality, and blame the government, they should realize that the Democrats have been in charge for the past two years! Isn't that when everything started going south? They were the ones in charge of all these committees and oversight hearings. What have they been doing?! Oh, that's right! They've been too busy having Congressional hearings over steroid use in baseball to spend time addressing the economic concerns they claim they have had for years!
1 comment:
I so agree! Why is there no accountability for the people who went out and bought houses they really couldn't afford? All you hear is that it's the government's fault...ugh!! I could go on and on, but that's all I'll restrain myself. For now.
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