I just have to get this off my chest...
about 6 years ago Sam and I were looking into buying a trailer or small fixer-upper - we needed a jumping off point so we went to the bank to see what kind of money we would qualify for
we had always heard 'the bank doesn't want your house' therefor they won't give you more than you can afford to pay back - but we quickly learned that this was no longer the case...
when I saw the number they were prepared to lend us I laughed my ass off!! with our income at the time there was NO WAY we could afford what they seemed to think we deserved
we had done the math, knew what we had coming in and what we already had going out (phone, student loans etc.) things that wouldn't change no matter where we lived
we knew what our current situation was and that paying a mortgage that was even equivalent to our rent ($500 a month) would be tight... and that didn't include property taxes, home owners insurance, a maintenance budget or lot rent if we went with a trailer
we looked into round about what these things would cost
we knew exactly what we could afford for a mortgage payment and it was NOWHERE near what they were prepared to lend us!!
had we gotten stars in our eyes and taken them up on that money there is NO doubt in my mind that we would be among the MANY people out there losing their homes because they borrowed money they could never have afforded to pay back
when I hear anyone suggest that the government help these people out I cringe!!
they are in this situation because they weren't using their noggins!! WHY should we as tax payers bail their asses out??!! we used our heads and now we're not in over them!! they could have done the same thing...
yes the banks are guilty for offering money to people who could not afford it... but the people have no one to blame but themselves - it's not freakin' rocket science... hell if I can do this math ANYONE can!!
of course I feel bad for these people for what they'll be losing... but COME ON!!
the problem with this country is that everyone thinks they are entitled to live the life of Riley (whoever Riley is)
America is the land of OPPORTUNITY - NOT the land of entitlement!!
you can't have things just because you want them... you have to EARN them - PERIOD!! these are lessons we should have learned as children - but somewhere along the way parents became more concerned with status and being their kid's friends than actually preparing them for life as adults
now we have a generation (or two) of great big spoiled brats with no clue how to get by... and the government is like a giant bad parent not wanting make anyone unhappy or upset the apple cart...
guess what - the apple cart dun tipped over... and it turns out the contents are rotten!!
the jig is up... we can no longer live the way we've been taught to assume we're entitled to live - we can't ALL have it all
GET OVER IT!!
if you break your toy you do not get a new one... and if you buy something you can't afford - they take it away!! and if that means the economy goes haywire for a while... so be it!! we've been through hard times before









