Quote:
Originally Posted by shinerbock
irresponsible lenders or IRRESPONSIBLE BUYERS.
I'm not sticking up for Bush, but the lack of personal responsibility exhibited by Americans when these types of comments are made is utterly disgusting.
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How does one take personality responsibility when they have lost everything? On a government who has sold them down the river for some kind of profit for rebuilding a place that does not want us there...
Mortgage securities were the big thing 12-15 years ago. I remember when the mutual funds were profiteering off it. But there are disasters that have hit the USA hard--9-11, Katrina and now the war. Yes, many of us can move beyond that. But we also have another problem:
Baby boomers retiring. They might be coerced into not retiring, but too many of them are sick with chronic illnesses that they are going to what you and I, the taxpayer to pay... Folks think they have gotten this under control, but it is not.
Most likely what will happen: the baby boomers will remain working, but with some kind of lessened tax burden or account for longterm care or term life.
The oil cartel will be obsolete in 20-50 years... We will not be using oil anymore. I don't know what else we will be using--but it won't be oil... No matter what the oil companies think...
And terrorism will be what it really is: gang activity...