Quote:
Originally Posted by rubicon
Excellent presentation VK. The reconfiguration to personal finance not only makes the debt ceiling debate clearer it also demonstrates while on a personal level why so many citizens are in trouble. Bottom line both the government and many people leveraged themselves in to irrevocable problems and that is why we can't grow this economy.
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We're also in this mess because of the pathetic excuse for "leadership" and
role modeling being done in Washington. How are young people supposed to learn any morals about bill paying, borrowing, lending, credit scores, bankruptcy with no regrets, loan repayment, and SPENDING, when the solution in Washington is to Print More Money Out of Thin Air!!! They're teaching young people that it is okay to overspend and go on a binge over and over, and then when you're in the hole and can't get out, what you do is print counterfeit money!!!!