posted on Jan, 31 2012 @ 06:51 PM
reply to post by micmerci
I have a lot of sympathy for those people that have lived within their means, that have taken out mortgages and improved their homes only to find that
now their homes are worth a fraction of what they owe through no fault of their own, I also have a lot of sympathy for those people that haven't
spent outrageously but have taken out loans and used credit cards etc that now find themselves unemployed, again through no fault of their own, with
no means of repaying what they owe, my anger in these cases is directed towards the banksters and incompetent/corrupt politicians that enabled this to
What I do not and cannot condone is PERSONAL debt forgiveness for those that have spent recklessly, holidays (sometimes more than one) every year,
brand new cars on the driveway (fair enough those loans are usually secured on the car so they will lose that!!), 10 credit cards in their wallet all
spent to the max on the latest gadgets etc etc all without having the means to repay what they have borrowed. Just because the banks (very much so in
Greece) were throwing credit cards and loans at people does not mean they had to take them and spend to the max!!
IMO if they want debt
forgiveness/relief then they must first show that they have done everything in their power to repay those debts by selling all the tat they bought,
then and only then would I consider having any sympathy for them. And yes mcdgray129 it DOES impact on me, if they don't pay, who do you think will??
It certainly won't be the banks!!