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No one here is saying that the members of this blog are shiftless

No one here is saying that the members of this blog are shiftless, conniving twits who should be locked away in some separate colony. Weare all looking for solutions to get out of debt and stay that way; at least, I think that is the intent. Not everyone will approach the situation from the same viewpoint for obvious reasons.

As I have stated before, I thrived due to Reagan’s trickle down economy. I put myself through college with the sorriest excuse for a GI Bill (1978-1980 version) and working 3 part-time jobs, plus serving in the Army Reserve. I then returned to the Army and completed 23 years of service. The pension is nice but does not cover enough bills. Adding the pension to my current salary (fourth career change in my adult life); I am approaching the mark of the 10% who pay 90 % of the taxes and it bothers me that I am being lumped into the group of the filthy rich – or the assumption that I am the rich white guy.

I do not subscribe to the philosophy that I am the Captain of my fate – God is; nor do I buy into the idea that I have ever been the victim of circumstances. I do however, subscribe (though not perfect) that I am to be a good steward of what I can control. Example – I made the decision to move my wife’s IRA into a Travel and Leisure fund in May of 2001, by October, it had lost almost 70% of its value. I made the decision, when it had regained to 50% of its original value, to move it into something more secure. If I had left it alone, that fund would be double what it is now. We cannot tell the future, we make decisions for the future based on our present situations and knowledge. Yet in the long-run, it is our decision how we are going to act or react.

I get annoyed quickly with certain attitudes I see sometime. As when people assume that I must be among the filthy rich and can afford to pay more in taxes (they do not know that I carry $20k in unsecured debt and $220k in secured debt). Another one is the assumption that corporations actually pay taxes or absorb debts out of their profits. The reality is, if they can, they will pass these on to the consumers so fast that it barely shows up on their balance sheets. The worst one I see is the idea that the government owes me a job (especially in the career field of `MY’ choosing), a house, food, a car, medical care, computer, the list is endless. People have confused their right to work and pay for these items without interference from the government with the idea that the government should provide for it. I do not, however, get upset over the Paris Hilton’s of the world jetting around in luxury. My wife and I may not be rich in money, but we are far richer in ways Paris will probably never know or even comprehend.

I do not wish to get this forum way off its intended topic. I would suggested, anyone desiring to carry on this conversation, replying via e-mail rather than use the blog.

I’m sorry to disagree with some of you

I’m sorry to disagree with some of you, but I could not vote for a person who wants to put a gun to my head to take my money to give to someone else. I have my own financial woes, though I should not. But I have heard Doctors call Dave Ramsey about their debt and them making over $250k. I (my wife & I) created our mess and it is our responsibility to get out of it, not the Government’s.

Among the legislative pieces that really need to be changed is:

Why shold cc A raise your rate because you were late to cc B? ; Stiffer penalties on any creditor or collection agencies for violating the law & Why should car/housing insurance companies be allowed to use you FICO score to determine rates? The latter I have been beating my state reps up on for the past 2 years.

Keep in mind, that Terry McCauliff – former DNC Chairman – turned $100k into $18 million in what was far worse than Enron. BTW, Hillary also profitted from Terry’s ‘coaching.’

Who put a gun to your head? Nobody ever put one to my head.

Dave Ramsey filed for bankruptcy protection around twenty years ago, thereby asking for the governments help. I see no shame in asking for help if you need it.

You absolutely have a right to your opnions and I admire people who are willing to stand up and speak their opnion.

What many people do not understand when they state that medical, college, retirement, or whatever someone wants to add to the equation is free in some countries is the misundertanding of the word FREE. None of it is free, someone is paying and the puzzle becomes, ‘who is paying?’ Watching the travel channel over the weekend, they talked about the little country of Monaco makes so much money off the tourist trade and casinos, that they offer free medical care to the country’s subjects (Monarchy – means subjects). But even that money is coming from the tourists and gamblers.

Here in the US, money from the goverment is being borne by taxpayers in the form of income tax. The best thing we can do here is eliminate the IRS and replace it with the Fair Tax. Then the rich will truly pay more and the poor will have better benifits. The Dems will never give up this power and few republicans are either, though it is picking up steam.

When it comes to filing bankruptcies, that loss is not absorbed by the companies, it is passed on to other comsumers. Call it pride if you want, but I do not believe in making someone else pay for my decisions. Before someone goes off about not ‘deciding’ to get sick, that is not what I am talking about. I am talking about the decision to get into debt to begin with. No one twisted my arm, I made that decision myself and it is my responsibility to pay it off.

I already stated that I believe there should be some reform in the credit industry, but business are in business to make money. They will attempt to make it anyway they can.

One final thought, the framers of the Constitution did not set out to necessarily protect and serve the individuals, but the population as a whole; and one of their first priorities was national defense.