Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Skeeter Bug who wrote (106516)	1/15/2010 2:31:20 PM
From: benwood	4 Recommendations Read Replies (2) of 116555

One isn't 'enslaved' when one begs for it, signs up for it, lives off it. People with my income who live a vastly more lavish life style have shot themselves in the head, financially. I have a beef with dirty tricks -- changing credit card rates retroactively, universal default, that sort of thing. But I have no sympathy for a person who racks up debt believing in the tooth fairy bringing them a free lunch of entitlement sandwiches. There are drug dealers everywhere in my city, yet I somehow manage not to get addicted. Banks are everywhere, too, and in cyberspace, but somehow I have minimal debt and actually have savings. I would have savings at 1/4 my income, too. It's just me. And for many, it's just THEM. Like you said, "Society today is stupid." Remember who you are talking about before you blame the banks for everything.

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