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Creative for being irresponsible? Why do people think it's ok to rack up debt and then complain about not being able to pay it back. Live within your means and that wouldn't happen. The is what being responsible is all about.
I can understand medical debt, but any other debt should be left to to people who made the debt. Nobody held a gun to anybody's head and made them take on loans. Medical debt is one thing, but personal debt is something else. I would contribute if the only debt they bought was medical debt.
Just wait until all of the money is sucked out of the stock market everybody loves to hate. Unemployment will be staggering and you want to talk about a recession, lets talk depression. Take a look at 1929 to see what's ahead if we continue a war on investing.
People just do not seem to understand that the rich get rich by investing their money in stocks and businesses and when they cash out they are taxed 15% on capitol gains. Investing in stocks and companies creates new jobs and might lower prices for goods, but the President has everybody convinced that we need to raise...more
I might agree with this, but the sad reality that only 53% or less of working Americans pay any federal income tax and many take out of the system more than they put in through earned income credit makes me balk at this proposal. If everybody did belt tightening I could see asking the rich to pay a little more, but wh...more
Let's face it: homes cost too much nowadays, with some people being priced out of some markets altogether. Everyone should be able to afford some type of house, even the "working poor" or whatever you want to call them. If you have a job, you should be able to buy a place if you save and work hard for it.
This is the worst idea this administration has come up with so far. Anyone who is not blind can see that this is just another way Obama is trying to redistribute wealth.
Take two neighbors who both bought a $300k house. Neighbor #1 is a responsible borrower and has been saving up for many years and put a 50% down p...more
What the banks do is their business, if they want to forgive principle or interest or both so be it. The government on the other hand needs to stay out of the problem it helped create. If the government doesn't want a middle eastern revolt, it better watch what it does. Only 53% of working Americans pay federal inco...more
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