O-B-WON

Government's New Credit Approach: Does the End Justify the Means?

I see more massive credit card defaults on the horizon..

Some folks I know have been robbing Peter to pay Paul i.e. juggling balances from one card to another...

The house of cards is continuing to fall... everything is not going all at once.. but rather like the domino effect.

I only wish that the companies that packaged and sold off their debt to other investors around the world were required to make good on the toxic crap they sold rather than US the taxpayers...

Economic Fault Lines Emerge

This past generation has had it too easy.... It was the me and now generation... all about instant gratification.. and unfortunately I see it in my own kids and grandkids..

Overweight..?? take a pill...

Stressed out....? take a pill

Don't want to work..?? go on food stamps..

Come in last place at the little league peewee baseball tournament...?? you still get a trophy

So now, we want to take the easy painless way out of this mess.... aint gonna happen

Peter hit the nail on the head.... "no pain ... no gain"

All bets are off.... it's gonna be like nothing anybody has ever seen...

Prepare accordingly...