Debt is a killer when it is way over done. There are only two things you should go into debt on. One is a moderate house and two is a business. However, you need to know a good time to start both, and it’s not a great time for either right now.

@Betsy
Nice…blaming the other side (Democrats) that is a huge help. Now they in turn can blame you (Republicans), and everything will be solved. Ideology is killing us.

@Cath
We were late to WWII? We were as late as every country in Europe. France and England didn’t attack Germany when they took Poland or any of the other Eastern European countries. England waited until France was attacked and we waited until England was attacked. I don’t see how the U.S. actions are any different than the European countries. All the countries waited until they were forced to act. On top of that can you please tell me how England was going retake all of Europe by itself? It appears that it’s not just Americans who don’t know history.

We were late to WWI, and were essentially a non-factor.

Chad @ sentient money´s last blog post..Debt and Santa Claus

@ Al, I think by now a lot of people are all for that. Even if there was no loss of life, the financial costs alone are more than we can afford right now.

Al at 7Ps last blog post..Guest Post at Write to Done

Nice story that you had about the apple and the 10 million dollars. Enjoyed it. Thanks!

Evelyn Lims last blog post..How Would You Cross The River?

Population growth doesn’t seem hard to anticipate, does it? I agree, it can’t have been that tough to work out.

I’m not exactly sure how much the U.S. did on the European front, because I hear both that we didn’t do too much and also that you’d be speaking German if it wasn’t for us, so I’m not sure what to think. We did, however, save your ass in Vietnam.

@ Hayden, now you can say that yes, someone is actually being affected!

@ Betsy, good idea. Unfortunately, many people don’t even try to find door number 2.

@ Stacey, true, it’s hard to think about tomorrow when you’re barely getting by today. But every today is some yesterday’s tomorrow. Wow, that’s an awful sentence, but you know what I mean!

@ NunoXEI, wow, millionaire to bankrupt in 5 years. It just goes to show that no one is safe from living beyond their means.

@ Jim, that’s a better moral to take from the story than the alternative!

@ Michael, ah yes, the old humidifier/dehumidifier deal, updated for the oil crisis.

@ Ali, our Social Security is a few different things, but it’s mainly known as a source of retirement income. Unfortunately, many people don’t realize that it’s not supposed to cover all their expenses, even if it remains solvent.

I was so shocked when I went to Japan and found they don’t use credit cards. I put everything on credit cards, but just for convenience, since I pay it off each month. I thought it must be annoying to have to pay your mortgage in cash, etc. But the plus side: they don’t know what debt is.

@ Vered, I’m not exactly a fan of doom and gloom, and I hope I’m wrong, but I hope that this crisis causes people to start thinking about how to solve the problem.

@ Carla, hey, that’s my quote that Vered stole! But yeah, it’s very true. People haven’t noticed that this isn’t 1955 and we’re not on top of the world anymore.

@ Marelisa, that’s another thing–wouldn’t it be awful if U.S. taxpayers pay the $700 billion and it doesn’t even work?

@ Brett, well, I _am_ looking for a job!

Are you sure you don’t want to run for President?

Brett Legrees last blog post..still doing crazy things…