Comments on: Fiscal Irresponsibility http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/ To explore and evaluate the true causes of social and environmental problems and how prejudice and emotion prevent solutions to those problems Thu, 04 Dec 2008 06:28:58 +0000 http://wordpress.org/?v=2.3 By: Stan Nodvik http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-320 Stan Nodvik Tue, 26 Aug 2008 15:27:03 +0000 http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-320 John -- What you said about teaching young kids (I'm now talking about teens here) that it is work that provides the money for one's needs and desires brings to mind a sad situation that's come about in our country. Work? Just where are the jobs these days? Who knows how worse the economy will become, the root cause of less jobs around? How easy is it to find a job even at minimum wages? Lean fiscal responsibility? How? -- without jobs available, without money available to spend, without opportunity to learn any fiscal responsibility? How long can someone hold on, hold out, when even a graduate from college who does land a job has to slave to pay off their massive school loans? Tired, hungry, homeless? Then one would think it seems sometimes best to commit a crime that's a felony and get fed and housed by the government's prison system. Wait a minute! Would there be any room left for you and me in the over-crowded cells? A dire situation. What's happening? Is this the end of the private sector in America? We are now a consumer society, consumer economy. One needs money to buy. One needs a job to make money. No jobs, no money, sorry, no buy. And down the road, what will it be like when the bill comes due to pay back the money the government borrowed for the two wars? Ha! Money will be tighter than ever. Will foreign countries remember to send the U.S.A. food and relief supplies then when we're down and out? I hope so. We may need such help. And down the road as for young kids, there won't be any peer pressure for things -- no one will have anything. You won't know how poor you are when everyone's poor. I sound so negative, John, because the picture for me for now, next year, years ahead is black. Open your eyes! Oh, maybe it's better to close your eyes. -30- John — What you said about teaching young kids (I’m now talking about teens here) that it is work that provides the money for one’s needs and desires brings to mind a sad situation that’s come about in our country. Work? Just where are the jobs these days? Who knows how worse the economy will become, the root cause of less jobs around? How easy is it to find a job even at minimum wages? Lean fiscal responsibility? How? — without jobs available, without money available to spend, without opportunity to learn any fiscal responsibility?

How long can someone hold on, hold out, when even a graduate from college who does land a job has to slave to pay off their massive school loans? Tired, hungry, homeless? Then one would think it seems sometimes best to commit a crime that’s a felony and get fed and housed by the government’s prison system. Wait a minute! Would there be any room left for you and me in the over-crowded cells? A dire situation. What’s happening? Is this the end of the private sector in America?

We are now a consumer society, consumer economy. One needs money to buy. One needs a job to make money. No jobs, no money, sorry, no buy.

And down the road, what will it be like when the bill comes due to pay back the money the government borrowed for the two wars? Ha! Money will be tighter than ever. Will foreign countries remember to send the U.S.A. food and relief supplies then when we’re down and out? I hope so. We may need such help.

And down the road as for young kids, there won’t be any peer pressure for things — no one will have anything. You won’t know how poor you are when everyone’s poor.

I sound so negative, John, because the picture for me for now, next year, years ahead is black. Open your eyes! Oh, maybe it’s better to close your eyes.
-30-

]]> By: John http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-317 John Tue, 26 Aug 2008 13:25:00 +0000 http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-317 Stan, you are right on with your views. I had not thought about the potential credit card disaster. It could be even worse than the housing problem because of the extremely high interest rates involved and the number of people who are 'maxed out'. And yes, the fault lies with parents who have 'caved' rather than trying to teach their children that it is work that provides the money for one's needs or desires. It's a disease that permeates the entire system because of 'peer pressure' both with kids and adults. A person's perceived status is in the quantity and price of their toys. Everyone feels that they must have more than their friends possess. Thank you for reading and commenting. I truly appreciate it. It seems that I always need to apologize for not writing on a regular basis. Stan, you are right on with your views.
I had not thought about the potential credit card disaster. It could be even worse than the housing problem because of the extremely high interest rates involved and the number of people who are ‘maxed out’.
And yes, the fault lies with parents who have ‘caved’ rather than trying to teach their children that it is work that provides the money for one’s needs or desires.
It’s a disease that permeates the entire system because of ‘peer pressure’ both with kids and adults.
A person’s perceived status is in the quantity and price of their toys. Everyone feels that they must have more than their friends possess.

Thank you for reading and commenting. I truly appreciate it.

It seems that I always need to apologize for not writing on a regular basis.

]]> By: Stan Nodvik http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-316 Stan Nodvik Tue, 26 Aug 2008 03:35:16 +0000 http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-316 John, the way you handle fiscal irresponsibility is to be admired but that's not the American way. Which is: if you cannot afford it, use your credit card. Get whatever it is now, pay later or what that means is, don't worry about paying for it. Impulse and emotion rule here, not the logical mind. And down the road? It has been said that what will follow the sub-prime mess will be the credit card mess. But hey, maybe the government will step in to save them too and issue National Federal Credit cards to replace our visas and mastercards. And just what fosters fiscal irresponsibility? Where does it begin? Maybe with the child who bullies their parents with screams and I-wants, with the parents who give in with lessons in material irresponsibility? That's my guess. John, the way you handle fiscal irresponsibility is to be admired but that’s not the American way. Which is: if you cannot afford it, use your credit card. Get whatever it is now, pay later or what that means is, don’t worry about paying for it. Impulse and emotion rule here, not the logical mind. And down the road? It has been said that what will follow the sub-prime mess will be the credit card mess. But hey, maybe the government will step in to save them too and issue National Federal Credit cards to replace our visas and mastercards. And just what fosters fiscal irresponsibility? Where does it begin? Maybe with the child who bullies their parents with screams and I-wants, with the parents who give in with lessons in material irresponsibility? That’s my guess.

]]> By: rainer http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-232 rainer Sun, 13 Jul 2008 21:16:26 +0000 http://www.jwmalenda.com/blog/2008/06/23/fiscal-irresponsibility/#comment-232 Hello John, so you are online again. I am happy to learn that. will be back again Hello John,

so you are online again. I am happy to learn that.

will be back again

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