Quote:
Originally Posted by legion
I just paid mine off.
I also got a 30-year fixed mortgage.
I must be an idiot.  |
I paid off my motrgage last year.
And I keep my CC speding to an amount that I can always pay off.
I must REALLY be an idiot. No bailout plan for me...
That said, here's my idea of a bailout plan that would work: Give the money to the folks who didn't get themselves in a pickle by over-spending in the first place! Those who are able to handle their finances will not be frivilous on spending, and we won't rack up a credit debt we can't handle. On the other hand, we will have the ability to infuse the economy with money by spending
wisely, and investing
wisely.
Who are you going to trust with the bailout? The government, or the people who did well despite the temptation to over-leverage?
-Z-man.