I’m not much into politics, but man this burns my a**

[5MilesBack]

We vote for the people that will give us all this free stuff

I certainly try not to.......but sometimes our only choices are "bad" and "worse". I just can't understand how they keep spending when they don't even have the money. That's completely foreign to me.

 

[tdhanses]

We continue to bitch about the Government but yet we always send the SAME worthless people back to DC.
We vote for the people that will give us all this free stuff but then butch because our taxes and laws put restrictions on us. I don't understand some of us wanting but then complain about having to pay more in taxes.
With our bigger Gov. we lose more and more, STOP voting for the Dimwitts and vote for those who will work to improve not give everything for FREE, I tired of paying for all the FREE stuff people get. Just my .02 and hope all have a MERRY CHRISTMAS.

Because we have way to many sheep voting.

 

[tdhanses]

Listened to the article you posted. This Paul Singer, and others like him sound really evil. I’m a Republican, but this guy’s hostile investment strategy makes my blood boil.

Thanks for posting!

He’s the guy getting AT&T to reduce its debt load currently.

 

[tdhanses]

Are you saying there's only one predatory lender in town? If that's the case, the free market works very well in that regard too. And then they can shop around for these loans as well. But the real problem here is these are the same people that go into a dealership and pay full price for a vehicle. Is that a predatory dealership for selling at full MSRP? Do we need legislation capping the profit that a dealership or any company can make (think drug companies now)? Like I said earlier, perhaps we should put a little responsibility back on the individuals. Our government is the one that has created this situation by babying people along, handing out whatever they need, and legislating a whole butt-ton of regulations that create these problems.

At one of the commands I was at in the military, one of my collateral duties was as "financial advisor/counselor". Wow......some of the things I used to see that folks did of their own free will to put themselves in these situations. Like they say........common sense isn't very common.

I know a guy right now that IS one of these people. Former military, has no job, owes child support that he doesn't pay, won't even open a bank account because they'll take what money he has, he drives a vehicle in someone else's name, but he somehow has money to buy guns left and right but is then always broke. He needs a loan to get the vehicle fixed and obviously can't qualify. But we need legislation to "protect" these people? At some point you cut them free and make them responsible for their own actions and decisions......tough love. Ya, I know......that's not politically correct, or even in the vocabulary of the left.

Not sure, there are none where I live but when I drive through lower income impoverished areas they are on every corner and hardly any banks. A large number of people have zero vehicles etc. I’ve seen people walking around with bats etc. it’s easy for us to have the answer when we aren’t living on enough to pay rent and eat at only a few hundred dollars a week. I’m not talking about people that just blow their money yet live in a normal but maybe lower cost area of middle class. I think most of us are jaded because we don’t see it everyday.

It’s easy for those of us that are not in the situation but I see it when I go downtown all the time, it’s a different world and I don’t expect what seems like common sense to me to automatically be placed onto these areas. Where I live there is a bank on every corner not a payday loan service.

How does the market work it out when it doesn’t even exist there? Just things I’ve observed when outside my bubble. I’m not about giving everything away but I do think we need to improve what some of the poorest parts of our country see as everyday businesses because it is not the same experience.

We are blessed.

 

[5MilesBack]

Look at it from the perspective I gave earlier, that just about every one of us is in the top 1% world wide. Then take our poorest here and compare them to the rest of the world, they still have it better. How does the rest of the world's poor deal with these so-called problems without any loan sharks or banks on any corner.........or even a grocery store? We're talking about a very large portion of the world's population here. Perhaps our poor could learn a thing or two, but most of them are already on the government rolls where I live.

I never had heard Dave Ramsey before until just a few weeks ago while I was driving. So I started listening whenever I was in the car. It's amazing how many times someone calls in with "financial problems" and Dave starts asking the right questions. And suddenly, there it is........the problem is not that they're poor (even when they are), the problem is not that the government hasn't created a new regulation to protect them, the answer is that they made some really bad decisions that are now costing them. In most cases.........that is exactly the case.......especially in America........the land of opportunity.

When your kid makes a really bad decision, do you rescue them from that.....or allow them to work through it and learn the lesson? I'm a lesson guy. If we bail them out, they'll never learn the lesson and will keep making the bad decisions...........this goes right back to "decisions have consequences" and "personal responsibility". Both of these concepts seem to have vanished in our society today, and we're definitely seeing the consequences from bad parenting and bad governing.

 

[tdhanses]

Look at it from the perspective I gave earlier, that just about every one of us is in the top 1% world wide. Then take our poorest here and compare them to the rest of the world, they still have it better. How does the rest of the world's poor deal with these so-called problems without any loan sharks or banks on any corner.........or even a grocery store? We're talking about a very large portion of the world's population here. Perhaps our poor could learn a thing or two, but most of them are already on the government rolls where I live.

I never had heard Dave Ramsey before until just a few weeks ago while I was driving. So I started listening whenever I was in the car. It's amazing how many times someone calls in with "financial problems" and Dave starts asking the right questions. And suddenly, there it is........the problem is not that they're poor (even when they are), the problem is not that the government hasn't created a new regulation to protect them, the answer is that they made some really bad decisions that are now costing them. In most cases.........that is exactly the case.......especially in America........the land of opportunity.

When your kid makes a really bad decision, do you rescue them from that.....or allow them to work through it and learn the lesson? I'm a lesson guy. If we bail them out, they'll never learn the lesson and will keep making the bad decisions...........this goes right back to "decisions have consequences" and "personal responsibility". Both of these concepts seem to have vanished in our society today, and we're definitely seeing the consequences from bad parenting and bad governing.

Well said and I do agree, great overall points.

 

[Newtosavage]

Tools. Tools everywhere you look.

 

[ODB]

and we're definitely seeing the consequences from bad parenting and bad governing.

Under-parenting and over-governing...