Take a look a this article from the Arizona Republic. Although written with real sympathy to those who now find themselves deep in debt, it leaves me wondering "what were these people thinking?" and "who failed to teach them about basic fiscal responsibility?" Since when is it a good idea for someone living in a mobile home to fill it with electronic gear?
Or maybe the point of many of our fiscal institutions, including the Fed, is to promote fiscal irresponsibility. As I watch the Fed lower rates, and the government hand out money, to induce debt-laden people to spend more, it's hard for me to deny that possibility out of hand. Fiscally irresponsible people are easier to control, after all.
Cool stuff on the side - While I recommend a number of blogs and other websites, sometimes it's easy to forget the amount of cool stuff that they can provide. Even if you're not a ...
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