Bankrupt by 25

[barman]

More evidence that forum friend MARK L CONTRARIAN never was a welcome student at Northwood University:

From the creed which MARK posted above:

"We dedicate ourselves to the elimination of artificial barriers to equal opportunity for all human beings. Racial, religious and sexual barriers are anathema to us."

Kinda sounds like a place where a virulent homophobe and Islamaphobe like Mark would be roundly denounced.

 

[Presto]

rightside, american parents have no place telling there kids how to manage money when they cant keep a positive checking account balance themselves.

Excuse me. But where in TRS post does it mention anything about parents?

 

[bigplay]

it's not just high school......college is much worse

Keynesian Economics will go down as THE greatest economic failure of all time

I tell my high schooler to fade whatever she's taught in ECON

Thanks for the posts and the video. Carlin sums it up nicely and should answer TRS's inquiry about why people aren't taught personal finance in high school. By design.

Most kids can do simple math in 3rd grade, but somehow when they get out of grad school they have no idea how to handle debt. They're brainwashed into consumaholics.

 

[docmercer--banned]

GTC:

too funny hearing the Righties yap on this issue when Bush and company
cant account for mllions "misplaced" in Iraq

 

[eek.]

I'd been made redundant from a proper (good) job three times by the time I was twenty five.

Pop had been drafted into 2+ years of national service by the time he was 25.

Grandad 1 had been in the trenches of France by the time he was 25.

Times have never been so good guys, I'll take now over then.

 

[Railbird]

People need to learn about this shit in highschool. Whatever happened to an economic class in highschool.

That should be a very important class for the future of these kids.

The US Goverment wants us stupid, the Fed wants us in debt. How about 3rd grade health class? we get meat and dairy shoved down our throats as optimum health.

 

[roadreeler57]

The answer is simple...Don't live beyond your means....You don't really need all that crap.

 

[gtc08]

The answer is simple...Don't live beyond your means....You don't really need all that crap.

not possible in America. if you dont spend your looked down upon. theres a reason why neighbors are constantly trying to one up their other neighbors. ok, this neighbor got a sauna, i'm getting a pool. this neighbor got a patio, i'm getting a COVERED patio, this neighbor got better landscaping than me, i got a national park in my back yard now.
..
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oh shit, how am i going to pay for this?

 

[tiznow]

"looked down upon" :missingte

since when do you have to give a crap about what your sheep neighbors think?

i "look down upon" or mock the people that do sheepish stuff as the above

yeah lets spending money, time, and resources cultivating a weed (grass) in our yards sounds like fun....LMAO

 

[gtc08]

"looked down upon" :missingte

since when do you have to give a crap about what your sheep neighbors think?

i "look down upon" or mock the people that do sheepish stuff as the above

yeah lets spending money, time, and resources cultivating a weed (grass) in our yards sounds like fun....LMAO

tizzie i agree with you. i'm just telling you the average mindset of a normal american. they will spend just too look good. thats why people spend 60 k on a mercedes instead of 25 on a chrysler. americans like other people looking at them and the supposed prestige and stares you get from driving a mercedes compared to driving a regular car.

the american though gets caught up in this and once he sees his bill
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oh shit how am i going to pay for this?

 

[tiznow]

well let stupid americans learn their lesson by having to deal with some near term pain now that the easy credit games are over

that's how life works you fuck up you learn from it

being pussies and whining about it and wanting socialism/bailouts is only gonna make matters worse

as these sheep pussies get off easy for their idiocy

 

[gtc08]

well let stupid americans learn their lesson by having to deal with some near term pain now that the easy credit games are over

that's how life works you fuck up you learn from it

being pussies and whining about it and wanting socialism/bailouts is only gonna make the matter worse

as these sheep pussies get off easy for their idiocy

i disagree. because the system is made to take advantage of human nature. the capitalistic idea of everyone having to make it big to have any sort of life leads to people pursuing a life of riley through plastic that they wont be able to pay back. if that mindset wasn't enabled, this problem wouldn't exist.

 

[tiznow]

the problem isn't capitalism you need sheep to rape GTC....

the problem is the system and how they dumb down, give us shitty education (promoted by department of education) and promote sheepish behavior

and there are very few that realize they are just programmed robots in the end

and also the system in which if you get in trouble big government will hold your hand

there is a reason banks did such shitty lending to people that if they had a brain knew had little chance of paying up....because they know at the end of the day if they get in trouble the fed and government is gonna bail them out

the fed isn't capitalistic....its statist/socialistic

we are no where near a super capitalistic nation anymore....very very socialistic and has increased greatly since the new deal and increasing more each and everyday.....

bring on obama yo mama cause more socialism is CHANGE!!!

such sheep we are....

 

[gtc08]

why are you against universal health care? do you enjoy seeing people who cant work lose everything because they cant afford health care?

 

[tiznow]

cause its just gonna raise prices even more and we can't afford it as a nation we going broke.....

and you still get treated if you don't have insurance

and i know in my area at least there are churches that provide health care to homeless/uninsured etc....

we already have government mandated health care to some extent and its made the situation worse

why is more government gonna help?

just hilarous how people don't see this progression

government takes baby steps getting more clout in a certain arena and when it goes bad they just tack on a little more

 

[gtc08]

more government isnt bad if the higher taxes they impose are used correctly. thats why canada is running on a surplus with happier citizens then a capitalist country running billions of dollars in debt with less happier citizens.

 

[oatmealpancakes]

more government isnt bad if the higher taxes they impose are used correctly. thats why canada is running on a surplus with happier citizens then a capitalist country running billions of dollars in debt with less happier citizens.

Canadians are 43% happier than Americans. It's a fact.

 

[tiznow]

more government isnt bad if the higher taxes they impose are used correctly. thats why canada is running on a surplus with happier citizens then a capitalist country running billions of dollars in debt with less happier citizens.

you keep flipping around but....

you do know many canadians come to the US for health care when it comes to serious things right

%^_

socialism can work on smaller scales like in scandanavia and canada where you don't have any enemies and somebody else has your back if an enemy pops up its a much different scenerio than with an economy the size of the US

socialism/communism has never worked for the world's biggest player history has shown us that it's clear as day

 

[gtc08]

Denmark is the world's most content nation, according to a new study on global wellbeing, but the good news is, despite the credit crunch and rising fuel and food prices, all of us are getting happier.
Denmark's prosperity and democratic systems are seen as key to its contentment.

Denmark's prosperity and democratic systems are seen as key to its contentment.

Researchers at the University of Michigan said Denmark's prosperity, stability and democratic government placed the country at the top of the rankings, with Colombia, Canada, Puerto Rico and Iceland all in the top 10.

The United States -- the world's richest nation -- ranked 16th among 97 countries, while Britain was placed 21st.

Zimbabwe, with its soaring inflation and continuing political crisis, unsurprisingly ranked 97th.
TOP 10 HAPPIEST COUNTRIES
Denmark , Puerto Rico, Colombia, Iceland, N. Ireland, Republic of Ireland, Switzerland, Netherlands, Canada, Austria

"I strongly suspect there is a strong correlation between peace and happiness," said Ronald Inglehart, a political scientist at the University of Michigan's Institute for Social Research.

"There is also a correlation between democracy and peace. Democracies are less likely to fight each other than non-democracies."

Almost all the countries at the bottom of the list struggle with legacies of authoritarian rule and widespread poverty, the survey found.
10 MOST MISERABLE COUNTRIES
Zimbabwe, Armenia, Moldova, Belarus, Ukraine, Albania, Iraq, Bulgaria, Georgia, Russia

Moldova and Armenia -- with long histories of repressive government -- trumped Iraq for misery, which placed seven in the U.S.-funded research.

Respondents were asked two questions to gauge their happiness:

# Taking all things together, would you say you are very happy, rather happy, not very happy, or not at all happy?

# All things considered, how satisfied are you with your life as a whole these days?

Researchers say that compared to a similar survey 20 years ago, everyone is a lot happier.

"Ultimately, the most important determinant of happiness is the extent to which people have free choice in how to live their lives," Inglehart adds.
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[gtc08]

all of the top 10 happiest countries are democratic socialist countries......................................................

and that immigration to the Us is incorrect. record numbers of americans are leaving for canada.

ABC News: Record Number of Americans Flee to Canada
American moves to Canada reach record high
TheStar.com | News | More Americans heading North