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Old 08-13-2008, 04:12 PM
 
Location: Texas
44,257 posts, read 56,905,722 times
Reputation: 73543

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I literally make 5 to 10 times as much money as my friends and I don't buy half the crap they do.

It's a sad, materialistic world, and these people have no one to blame but themselves.
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Old 08-13-2008, 04:39 PM
 
48,508 posts, read 88,621,764 times
Reputation: 18188
I really think th9s economy is OK and have seen much worse in my times. I mean the unemployment is pretty low still except in certainn regions and industries , But that happens all the time in certain industries. I do think that people who lived beyond their means and on credit are hurting now but that way going to happen one day anyway.
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Old 08-13-2008, 05:07 PM
 
Location: Wherabouts Unknown!
7,805 posts, read 17,575,713 times
Reputation: 9435
stan4 wrote:
It's a sad, materialistic world, and these people have no one to blame but themselves.
Whille that is ultimately true, they were egged on by outside influences. Commercials on TV and the radio, billboards, internet pop up ads, junk mail, etc. For some people it's just too much to resist. Even for those of us having the discipline to live within our means, we are indeed supporting the credit cards compaines exploitation of the weak minded everytime we buy something with our credit cards. We know all about their exploitation yet we continue to support them by using our credit cards anyway. I'm not saying that's right or wrong, but that's what we're doing in essence.
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Old 08-13-2008, 05:45 PM
 
Location: Palm Beach Gardens, Fla
1,888 posts, read 7,427,787 times
Reputation: 1555
I don't think a new president will change anyone's spending habits....
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Old 08-13-2008, 05:47 PM
 
Location: Oxygen Ln. AZ
9,320 posts, read 17,302,891 times
Reputation: 5740
We are down to one card and use it only for business purchases and pay it off every month. Both our homes are paid for with cash we earned by building several speculative homes in n.CA. We litteraly framed these with just my family, the husband, myself and two daughters and a teenaged son, who is the laziest person on this planet. We took a punch with this credit crunch and watched a sizable pile of contracts go up in smoke, but we are still managing a smile or two. One good thing about having been poor once upon a time, is that you can live very small when you need to.
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Old 08-13-2008, 08:07 PM
 
16,092 posts, read 37,966,619 times
Reputation: 6299
What's really sad is when you go to D.C. and see all the limos and drivers waiting for the politicians. They are totally corrupted by money and are no example of how to live.

I'm glad I had a daddy who grew up on a sharecropper farm with no electricity in the Depression. I'm smiling because I have sacrificed and saved, but have still done things I wanted to do. I'm 50 and can retire at any time. MC is right - if everything I built up disappeared tomorrow, I can still live a fine life and not be coveting things I don't need.

Really, the first step is to say, "to hell with the Joneses".
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Old 08-13-2008, 09:03 PM
 
48,508 posts, read 88,621,764 times
Reputation: 18188
Power corrupts ;just look at Edwards and Spitzer. That is what is called the elite because they believe the rules don't apply to them and it only matters what people thing you are;not what you really are.
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