Isn't it great...
...that we live in a country where hard work pays off; where paying bills on time and in full is lauded and rewarded; where making smart and thoughtful financial decisions to live within one's means - sensible car, affordable home, moderation where luxuries are concerned - rather than leaping at "golden opportunities" that are just too good to be true ("a $500,000 house when I make only $27,000 a year? SIGN ME UP!") results in good things - lower interest rates, better credit, and more money in one's pocket? Where making the savvy choice to put away some of one's money in a 401k, instead of just spending it right away, means there'll be money there when one retires and most needs it? Isn't it great?
Oh, wait. That's right. I don't live in that country. I live in the country where people who work in a factory can get a loan they can't afford on a McMansion they don't need, and then when the payments get too big for them, can apparently get the government to come in and adjust the loans so they can stay in the houses they never could afford in the first place.
Yes, I understand why we need to do it. Yes, I understand that if we don't stop the foreclosure tide the underpinnings of what's left of the economy will continue to collapse, and we'll end up in the worst world-wide recession ever seen.
But I also understand that a lot of people who made really fucking stupid financial decisions are not going to have to deal with the consequences of those decisions. In a way, they're even going to be rewarded for being stupid - they get to keep the friggin' McMansion, after all. And many, many people who have scrimped and saved and budgeted and cut that budget to the frikkin' bone so they can keep meeting their obligations, in full, on time, every fucking month, are going to get bupkiss.
Do I understand why? Yes. But that doesn't mean I'm not allowed to be fucking bitter as hell about it.
Oh, wait. That's right. I don't live in that country. I live in the country where people who work in a factory can get a loan they can't afford on a McMansion they don't need, and then when the payments get too big for them, can apparently get the government to come in and adjust the loans so they can stay in the houses they never could afford in the first place.
Yes, I understand why we need to do it. Yes, I understand that if we don't stop the foreclosure tide the underpinnings of what's left of the economy will continue to collapse, and we'll end up in the worst world-wide recession ever seen.
But I also understand that a lot of people who made really fucking stupid financial decisions are not going to have to deal with the consequences of those decisions. In a way, they're even going to be rewarded for being stupid - they get to keep the friggin' McMansion, after all. And many, many people who have scrimped and saved and budgeted and cut that budget to the frikkin' bone so they can keep meeting their obligations, in full, on time, every fucking month, are going to get bupkiss.
Do I understand why? Yes. But that doesn't mean I'm not allowed to be fucking bitter as hell about it.