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Author: bmkfool Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 883697  
Subject: Re: Long: The hard, cold truth Date: 3/5/2004 2:00 AM
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Evening,

After reading this post, I took a look at the subject again, "Long: The hard, cold truth" and thought about finances and such.....

I remember reading one of the replies, it went something like this. <sorry, I can't remember that persons name> "...when the finances are tight, the first thing to go is the discretionary spending..." Which just makes sense, doesn't it? One would think....

You turn on the T.v. you are inundated by commercials enticing you to spend, spend, and when you are done, spend some more. Money problems, hell... just refi your house, your car, your student loans, your .... anything.... Lower your monthly payments! You never hear anything about changing your financial habits, do you? Geesh.... See the endless cycle????

Turn on the radio, read the paper... personal and governmental budget deficits, huge spending, budget cuts are difficult so raise taxes or pass a bond, etc....

On T.V., radio, or newspapers, there appears to be no more financial responsibility... live now... refi later... declare bankruptcy.... whatever.... All of this just tells people to keep in mind, that it is not their fault, they are the victim....

ARGH.....

Sorry, for the rant...

bmkfool
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