O
Oregonsledder
Well-known member
To quote the movie Watchmen "What happened to the American Dream?" It came true! You're lookin' at it...
You bet... Fictional movies are a real good source of knowledge! WOW
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To quote the movie Watchmen "What happened to the American Dream?" It came true! You're lookin' at it...
You bet... Fictional movies are a real good source of knowledge! WOW
Really? .
a window salesman was telling me that commercial is doing ok but well off people that want homes are not getting the loans.
@Oregonsledder.....I never bash the wealthy......as long as they worked for it.
Go back and re-read my comment. I never said YOU bashed the rich??
I know what you meant. I guess I was trying to say how much good the wealthy do for guys like me.
I don’t have a lot of sympathy for this college loan issue. I graduated from college in 1973 with a little over $9000. in college loans. My first job (high tech... big company) I made $5700. per year. I lived in a single wide trailer with a wife and one daughter and one on the way. It took YEARS to pay it off, but that was the deal I signed up for. I didn’t like the bill that never seemed to go away, but I agreed to take the money and I paid it back!
The car I drove was worn out and cost me $100.00. Today kids complain on sites like this on their $400.00 IPhone and daddy and mommy pays the monthly bill!
I guess my generation didn’t think it was going to be handed to them or that it was going to be easy.
a window salesman was telling me that commercial is doing ok but well off people that want homes are not getting the loans.
If you think I'm talking about myself in any way, shape, or form you are sadly mistaken. I am talking about this issue from an economical standpoint and how it affects the economy. I am not complaining, just telling it how it is(in my opinion).
Since your talking about your personal story I suppose I will tell you mine. Yes, I am in college and I wont say I had to do it all on my own because my parents work hard and I appreciate all the help they give to me, however they do not foot the entire bill. I pay my part through multiple scholarships and cash as well from my summer job. However, I am hoping to get into the pharmacy program this year and if I do that means graduate level classes and graduate level $$. I will take out loans and I will be paying them back too. Getting through school is one of the hardest things I have ever done and its just getting started.
You say your generation didn't expect it to be easy, yet your generation is getting the most welfare money in the history of the USA.
I think you mistook my economic pessimism for the economy for not liking the rich cuz I never said anything is wrong with being rich. In fact I aspire to make enough money to get a business off the ground and to make a fantastic living for myself and my future family.
We as Americans are lazy. We do not know what it means to be "hungry" any more.
Other countries are beating us in many areas. Education is one of them.
FDR helped lead this country through the great depression with many programs. But none of these programs would have ever worked, if the people did not want to go back to work. They took pride in what they did, they wanted to EARN their daily wage. In today’s society, many think they are "entitled" to a pay check, and they are "entitled" to have this or that.
Long ago, my dad told me to be successful, it takes hard work. I have to work harder and be better at it then anybody else. That nobody was going to do it for me. That if i wanted it, i had to work my @ss off and earn it. I watched this work for him, and it is something that is working well for me also.
Bottom line, to fix the economy. We are going to have to work harder then everybody else. ALL will have to go back to work. No more "entitlement". Basically, if you want it, get off the couch, put the cheeto's down and go earn it.
BS
PS. Sledding is a expensive hobby, i would think the majority belonging to snowest are those that are hard working and responsible Americans & Canadians.
Easy credit has perpetuated our economic decline and our government promoted this with concepts like mortgages at 125% loan value to people that couldn't afford them.
Prices become inflated when money is easily accessed.
My dad never bought anything he couldn't pay cash for and we were at the lowest level of middle class you could be. When he bought our first home in 1957 he paid $10,000.00 cash. That first fall we found out the furnace needed replacement and he thought the world had come to an end because he had to borrow the money for it. It was $1300.00 and he was making $100.00 a week.
When I was 19 my employer's son told me "If you never borrow more than 1/3 of what you are worth, you will never get into trouble" Now that is ultra conservative, but I've always remembered it. However I havn't always lived up to it.
Anyhow, "You can't, borrrow your way out of debt" ( I said that)