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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Horgad who wrote (32841)12/2/2010 4:39:04 PM
From: John  Respond to of 71456
 
Just a thought...maybe we should be trying to look out for those who are less fortunate in terms of money, brains, education, looks, physical ability, etc. instead of leaving them to the sharks or preying upon them ourselves.

That's a kind and noble sentiment, Horgad, but such an application is far from realistic, my friend. I do not wish to spend my life functioning as a caretaker for others or serving as my brother's keeper. I have my own life to live. I believe strictly in the philosophy of live and let live. Of course, if a neighbor asks me for help, and I am able to render help, I will.



To: Horgad who wrote (32841)12/2/2010 7:12:57 PM
From: Tommaso1 Recommendation  Read Replies (1) | Respond to of 71456
 
>>>Replace "stupid enough" with "desperate enough" <<<

This is misplaced pseudohumanitarianism.

All sorts of undeserved misfortunes afflict human beings, but taking on loans at interest rates that they cannot afford to buy houses bigger than they need to live comfortably--even luxuriously--in is not such a misfortune.

I write this as someone who lived for many years in rented rooms and small apartments and a rented house, and did not dare to buy a house until I was almost 40 years old.

This kind of softheadedness plays right into econo-Darwinian Tea Party politics. And, in the other political direction, trends toward Pol Pot solutions for social inequities.