The biggest issue I have with what our government is doing is this very thing
1) Giving people the impression that it wasn’t their fault at all…Aka it was the evil bankers. Yes, there was some evil bankers doings..BUT, this doesn’t excuse anyone who took out these loans from any personal responsibility.
2) In general, I think we’re losing our edge to compete as a result of the government’s “crutch” they like to give out.
I work with a lot of high tech companies in Asia. And let me tell you, those companies are on 7 day work weeks. Not suggesting that we bury ourselves in work. But folks need to stop crying foul.
The opportunities are there for people and for folks to blow it too. period… It really doesn’t matter how much a salary gives you..It’s what one does with it….
There was a comment from someone on that board that said, “folks are just being preachers. How many of them if they actually made $1XXk+ a year if they wouldn’t have done the same thing as this couple did”….And there lies the issue….Folks think if they just have higher salaries or higher pay, that that in itself is more money to spend. I guess that’s why some folks spend their raises even before they get them….
Then I read the cnn article about folks than spends tens of thousands of dollars on lotto tickets….
