Everywhere I look, I see debt people.
People who are in debt up to their eyeballs for their house, their cars, their possessions.
People who think nothing of running up thousands on a credit card, 10's of thousands on car loans, hundreds of thousands on a mortgage.
People who think home equity is an ATM machine.
People who think by using credit cards and getting a 1% bonus they are beating the system.
People who have no savings.
People who live from paycheck to paycheck and consider themselves middle-class because they have a big screen TV with 300 channels.
Everywhere I look I see debt people, and these are the people voting our country into bankruptcy.
I'm not perfect, I've run my share of debt, and I still have a mortgage that I'm trying to pay off 20 years earlier than I have to.
But if the vast majority of people are STUPID enough, and yes I do mean STUPID enough to think living their personal lives deeply in debt is normal and smart thing to do, then why should I be surprised when they vote for politicians who promise them the moon on a 100 year payment plan?
Is it any wonder our country is 9 Trillion dollars in debt when now the average total household debt is 129% of average household income?
http://www.woodstockinst.org/blog/b...cumenting_disturbing_trends_in_household_debt
Keep fighting the good fight for Ron Paul. I will. But take care of you and yours first. You will never be rich with credit card payments, student loan payments, car payments, or mortgage payments.
Debt is a trap, and the debtor is slave to the lender. Get out of debt, get out of bondage, then you will be free to become wealthy if you chose, or at least have peace of mind.
Just my 2 cents.
Well, actually I'll keep those two cents and apply them to my mortgage