[quote=creechrr]I feel more like a sucker every day. All this time I thought I was being smart by not getting in over my head. Jokes on me.[/quote]
I doubt that many folks who are in over their heads feel smart. In fact, I bet that most of them feel pretty stupid (or at least unlucky, although stupid is how they should feel).
Don’t get me wrong, I don’t like the idea of folks getting bailed out of bad decisions (and I certainly don’t like funding their mistakes), but… I feel sorry for all of these dummies. I’ve been responsible and I don’t feel like the “joke’s on me.” Sure, some of my tax dollars will go toward helping some of them out, but… most of these folks will be dumb forever. Clearly, they’re incapable of making good financial decisions. I’d rather have the “joke on me” and be forced to help them out a bit than just be plain incompetent. Because the latter doesn’t go away.