reply to post by SatoriTheory
SatoriTheory you nailed it right on the head. Well done!
Many generations have been sold "The American Dream" without realizing thats all it is, a dream, a fallacy, sweet nothings. When my Dad was a boy
there were no credit cards and TTBOMK you didn't pay off your Model A over six years.
When I was a boy my parents had only a Sears Roebuck CC "in case of emergencies" = should they be caught without extra $ when the hot water heater
fails or the family truckster needs repair.
when I was a young man first earning full-time money most folks coast-to-coast were receiving e-z CC offers by the handful every week, it was boom
times for the Postal. Suckers that we were, we took the bait and bought the shiny things and got knee-deep in debt. the new wore off and the debt
these were the good ol days when the Presidents friends were only raping the country via taxes, penny stock scandals and Savings & Loan Thrift
debacles (aside from the other business-as-usual plundering).
Over time the have-nots heard enough stories of others reaping big windfalls on real estate & land speculation profits and they wanted in, too. CC
debt profits were no longer enough, now everyone with a full-time at McDonald's was miraculously qualified for their own McMansion. Wife & I were a
young married couple with decent credit and small wages and we qualified for $350,000.00 to throw at a McMansion!
When we got home and checked these numbers we realized we would not be able to afford food, insurance, clothing, car payments/maintenance/fuel
etcetera if we put ourselves into that debt. If we had taken the bait we probably would have been homeless in under 5 years.
Lots of people cashed in on the big greed bubble and lots suffered for it too. E-Z money is a Fools Paradise.
The system really is carefully designed and refined to keep you slaving till the day you drop. The less you make the more screwing you will take and
most every day will be painful. Those on top have it sweet and they don't care if you and your children starve in the cold. and here we are, in one
of the once most prosperous countries in the world. Enjoy it while you can, nothings lasts.
REMEMBER THIS: You can call them bankers, politicians, wall street, corporations etcetera -- but behind those labels are greedy American SOB's
seeking to have more coin, more possessions and more power. These are your fellow countrymen displaying their true colors. Too many generations have
seen too many liar politicians and fat cats prove crime does pay. From the top down we have too many Americans with piss-poor morals, values and a
lack of pride or ethics. Too few who realize there is a huge difference between Wants and Needs. GREED blinds people and turns them into vile evil
monsters. a/k/a The American Dream