QUOTE (SWWeiss @ Sep 28 2008, 08:51 PM)
Everyone is entitled to a new house. It doesn't matter if you make $12 an hour and want a $200,000 mortgage with no money down, we'll get you into that house today!
No credit? No problem? Want a $35,000 automobile? We'll get you in one today! Just sign here, and pay 24% interest for 7 years!
The entitlement crowd now finally sees what their actions have done in the long run.
You have to EARN your way in this life. You cannot have things handed to you, even if the liberal do-gooders in Congress mandate the lenders to do it. End result? Billions in bad debt.
If you can't afford a house, you don't buy one. Period Can't afford a new car, buy a cheaper used one. Tough.
We all can't walk in the parade, some of us (gasp!) have to sit on the curb and wave.
Thanks, and welcome to life.
Dead on! But I do agree with another poster it isn't just limited to liberals. It's across the board. Now if we could only teach people common sense and personal responsibility. Is it that hard to read the mortgage agreement? How about creating a household buget to make sure you will be able to afford the payments over the next 30 years? Or one of my all time favorites. Let's pay off the family cars with the equity in our house, only to trade them in tomorrow and buy brand spanking new ones. Forget the fact that we were completely upside down in the loans and we are now holding that debt in our mortgage!