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  • Nation's Debt: It's Not Being Rescued, It's Being Moved Around [View article]
    That's the American mentality for you. Need a computer or appliance? Pay $5k in credit card payments to some rent to own place. Too much credit card debt? Extract the equity from your home, and then keep spending. When your net value dives below zero, and you're working all week just to pay interest on your debts, just elect politicians who will mail you a check from the treasury. Your kids will figure out how to pay it back. You have NEEDS, like an expensive car.

    People around the world are saying: "I thought Americans were the wealthiest, most money-smart people on earth. What happened?"
    Oct 09 14:44 pm |Rating: 0 0
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