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Old 01-10-2009, 07:01 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,353
Quote:
Originally Posted by tony404 View Post
This wasn't caused by consumers. it was deregulation,credit swaps and derivatives.A another big problem in this country is we don't make shit. Its all made in third world countries so goods are cheap which doesn't make the people aware their wages havent really risen to shit for a long time.imo
I have a friend who is as right wing as right wing gets.He actually has ties from the rush tie collection. He said its all bullshit that unemployment is much higher than we have been told for quite a while. People cant pay their mortgages because they have lost jobs and cant find work. Think about it, you are just going to walkaway from your home for a increase of 500 to 800 dollars and ruin your credit for a very long time?
I saw myself starting a couple of years ago, I was shooting more and more models that started doing adult because they were laid off from their job and couldnt find a replacement.
Good lord Tony... there is over $2 trillion in American consumer debt. You are trying to say that consumers bare absolutely no responsibility of that? Seriously?

I have zero consumer debt. That is quite different from what I had a year ago. I made the choice to stop being irresponsible and spending more money than I had, I busted my ass and I paid it all off. Now I have made a pact with myself to not repeat the same mistakes.

Why am I able to make that choice yet millions of others somehow miraculously cannot take the same steps and are forced by evil corporations to spend more money than they make?
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