01-01-2010, 05:40 AM
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Senior Club Cobra Member
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Join Date: Dec 2001
Location: Shasta Lake,
CA
Cobra Make, Engine:
Posts: 26,615
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Not Ranked
Our Nation run's on credit,
Ernie, that statement alone shows a big part of why we are in this mess. That along with the consumers thinking there was no limits to how much they could charge and never considering that it had to be paid one of these days. Why can't the Govt. operate like normal people who have normal intelligence and spend only what they have or can afford? I am not normal I know as many on here will tell you, but I haven't bought anything on credit for the last 40 years. If I can't afford to pay for it, I don't get it. I do use my credit card a lot, but I pay it off every month. We are past the point that the Govt. just printing worthless money on paper is going to help. China is already starting to refuse that in some cases and wants what we owe them. Germany has the strongest economy in Europe and has passed us in that respect.
Ron |
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