PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: pompsander who wrote (729252)	3/5/2006 2:43:27 PM
From: GROUND ZERO™	Read Replies (1) of 769670

Yes, exactly... I agree with both of you, and precisely because people should not become over-leveraged... it's just like over eating... there's no one out there forcing anyone to extend themselves beyond their reasonable limits... that's just plain foolish and greedy, and we all know what happens to the foolish and greedy... sure, living on over-extended credit is a way of life for many, but this doesn't mean it's healthy or smart... the ups and downs of an economic cycle are healthy, it indeed washes out the weak holders, those who are in fact over-extended and over-leveraged... but this is a good thing, otherwise our economy would spin out of control... if individuals and businesses lived within their means, we would not have these kinds of problems... GZ

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