Call Me a Radical

With the news full of the gloom and doom of economic disaster worldwide, I never thought that my conservative behavior over the past ten years could be considered radical, but now I don't know.

During the housing bubble we resisted the urge to be seduced by the temptation of 120 percent financing. We actually paid off all the outstanding balances on our credit cards with what we earned from our jobs, and we are now considered "dead beats" by those companies because we pay our bills on time and do not have to pay interest or fees.

We actually managed to start a modest savings program and, aside from student loans which are on their way to being repaid, we are debt free. The only thing we own is pictured above, a now "used" truck. I am not bragging. We still pay way too much in rent for way too little space. We got rid of our storage locker because the price kept going up. The same space they offered for $75.00 a month for first time renters, is going for twice that if you are a longtime loyal and consistent customer.

I consider us truly blessed. Too many of my friends are being devastated by what has happened. For once the government should make a productive use of "Imminent Domain" by seizing every foreclosed property in the United States and return those homes to the very people who have been duped by disingenuous mortgage lenders and banks. Homeowners who fell victim to schemes and get restored to their homes in that way should pay what they can afford based on their incomes. Talk about stimulating the economy, once banks have a vested interest in what people make, lets see how fast and how many jobs get created.

I don't know, I'm just saying...