The 10 Dopiest Business and Economy Leaders of 2008

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Mcujmvcg of MS @ Jul 14, 2009 04:41:57 AM

This is why EDUCATION is important.

Most Americans have no common sense when it comes to finances. Why is this? Is it a lack of will to learn, or confusion in what would be logical? Maybe it's that they are being told the wrong things... Maybe it boils down to laziness and that's that.

Many people KNEW they were buying a home they couldn't afford, but still blame the broker for telling them that they could. Are we really that ignorant to our habits? Is mass consumption really supposed to be a, "way of life?"

I, for one, am a minimalist. If I have lived without it, then I don't actually NEED it. Is the word, "Recycle," such a dirty one? Does everything really have to be brand new??

Why are people so against putting their back into an honest days work? It's what will be needed to get us back to where we should be. Rather than outsourcing all of our labor to other countries (ahem, China).

Welcome to Survivor: Real Life. Turn off your TV's and go plant a garden. Do yourself a favor and save yourself some expenses by DOING IT YOURSELF. This concludes my discombobulated rant.

Lauren of CA @ Mar 05, 2009 04:02:54 AM

Blame yourselves first folks

Anybody can blame someone else. But did you overbuy? Who did you vote for and why? There's plenty of blame to go around. No funding for agencies that are supposed to be watchdogs, a Treasury Security that was CEO of Goldman Sachs and has no idea how he's spending TARP monies, a President that seemed to be on vacation constantly, a Vice President who could shoot straight only when a friend of his showed him his butt, and the list could go on forever and ever. But the real blame follows:

All of us. We were (or at least most of us anyway) greedy. A lot of us overbought homes, others took out mortgages they knew they couldn't afford or flat falsified information about themselves and then the time came to pay the piper. But like a shoemakers children, we were the last to get shoes, or at the very least a little common sense about money.

It took $4+ gas, food prices that rose weekly, fools making money off the backs of everyone except themselves, and the great unwashed, the people of the United States.

No one complained when times were good and now the griping and blaming is going to last for another year or so, when things will naturally get better.

For those of you complaining, did you save any money? And I'm talking about the minimum three months of living expenses (barebones) that should have been there? Did you put 20 percent down when you bought a home? Did you take out a mortgage you couldn't afford because of course housing prices were always going up?

As just a good old 61-year old Bubba from South Carolina, I saw this coming and practiced good money management. I didn't live off credit, saved as much as was reasonable to have a decent standard of living, knew a con when I saw one. And the years of one percent interest, which we have now or lower, got us into the mess. Blame Greenspan, Bush, Frank, Dodd, whomever you want to but look into the mirror at yourself. You have just as much blame as the rest.

I take my share of the blame. Will you?

Bubba of SC @ Dec 20, 2008 22:06:07 PM

Blame yourselves first folks

Anybody can blame someone else. But did you overbuy? Who did you vote for and why? There's plenty of blame to go around. No funding for agencies that are supposed to be watchdogs, a Treasury Security that was CEO of Goldman Sachs and has no idea how he's spending TARP monies, a President that seemed to be on vacation constantly, a Vice President who could shoot straight only when a friend of his showed him his butt, and the list could go on forever and ever. But the real blame follows:

All of us. We were (or at least most of us anyway) greedy. A lot of us overbought homes, others took out mortgages they knew they couldn't afford or flat falsified information about themselves and then the time came to pay the piper. But like a shoemakers children, we were the last to get shoes, or at the very least a little common sense about money.

It took $4+ gas, food prices that rose weekly, fools making money off the backs of everyone except themselves, and the great unwashed, the people of the United States.

No one complained when times were good and now the griping and blaming is going to last for another year or so, when things will naturally get better.

For those of you complaining, did you save any money? And I'm talking about the minimum three months of living expenses (barebones) that should have been there? Did you put 20 percent down when you bought a home? Did you take out a mortgage you couldn't afford because of course housing prices were always going up?

As just a good old 61-year old Bubba from South Carolina, I saw this coming and practiced good money management. I didn't live off credit, saved as much as was reasonable to have a decent standard of living, knew a con when I saw one. And the years of one percent interest, which we have now or lower, got us into the mess. Blame Greenspan, Bush, Frank, Dodd, whomever you want to but look into the mirror at yourself. You have just as much blame as the rest.

I take my share of the blame. Will you?

Bubba of SC @ Dec 20, 2008 22:06:07 PM

Con RipOff Artists AND OUTRIGHT CRIMINALS

The question "all Americans" (as the Dems are fond of saying) are asking, is why are any aof these Bastards free to roam and enjoy the fruits of their ill gotten gains.

What we are being told in so many words is that if you lived straight and within your means, you're stupid and broke.

Not a good message to people who NOW can actually arm themselves against these pigs. The time has come to take the country back; by force if necessary.

DiplomatBear of FL @ Dec 19, 2008 13:50:47 PM