A real life example of the left and the Federal Government.
By ParaTed2k
@ParaTed2k (22940)
Sheboygan, Wisconsin
November 4, 2011 7:06am CST
The financial blunders of 3 friends of mine, and a mother who just couldn't say "no" are a great analogy of left and the Federal Government...
These three sisters were raised in a good home, taught in good schools, and basically had the kind of childhoods most middle class people had in the 70's and 80's. They graduated high school, got married to good men and started families.
At different times in their lives, they ran into financial problems. Each time they turned to their loving mother for help. It started with asking her to co-sign loans for cars, then on to asking for help with down payments on mortgages. Before long, loving mother was taking out home equity loans, because her girls and grand kids "needed" her.
But then loving mother couldn't keep up with the payments, so she lost the house, moving into a small apartment downtown. Even though the whole world could now see what problems loving mother had... the girls continued to come to her for "help".
The women finally got the message that it was time to quit going to loving mother for money... she was diagnosed with cancer. But being the loving mother she is, the one thing she continued to keep up the payments on was a life insurance policy. Upon her death, each of the daughters would get a lump sum payment of $100,000.
When loving mother died, she had nothing. A lifetime of taking care of her daughters families bled her dry.
Within a year, the three families were in just as bad financially as they has been before they got their mother's last "help". Frittered away on better toys, and at least one drug habit, the money was gone, and the three families were finally left to sink or swim.
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There is no "Obama money", bail outs and buy outs are just different ways to spell "deeper debt". Will the death of our nation be the only thing that will cause Americans to have to sink or swim?
3 people like this
4 responses
@laglen (19759)
• United States
4 Nov 11
yes
Clearly that will be the only way. America is broke. There is no secret in that. And yet even todays headlines, stimulus, spend, bail, spend, raise taxes. I am certainly not the smartest person in the world, but even I know that when your out of money, you must stop spending it.
1 person likes this
@ParaTed2k (22940)
• Sheboygan, Wisconsin
6 Nov 11
A lot of those "kids" you're talking about are on their 5th or 6th tour in Afghanistan and/or Iraq.
@estherlou (5015)
• United States
6 Nov 11
I wonder if it is something the past couple of generations have learned...that parents are there to help them no matter what. And we as parents are at fault also. We have a 38 year old daughter we helped when she was laid off. She drew unemployment until she found a low wage job and then a second job. Both together did not equal the job she lost when the company did some restructuring and laid off almost 300 people. Our area doesn't have much in the way of good jobs, and my daughter has 2 associate degrees and still can't find work in her field. Anyway, we helped, we absorbed a couple of small bills, helped out with gas money, etc. until all of our own "cushion" money was gone. When my husband borrowed on my life insurance money, we had to take a look at what we were doing to ourselves. After all...we are close to retirement...we don't have unlimited resources and have to look out for ourselves. It got better for awhile, and then she was back to spending too much on the gas card we had given her and my debit card we loaned her. Finally, after a couple of years of trying to help her out, we realized, we could no longer keep this up. No matter how much we love her and want to help...we are not miracle workers. Hubby took back the gas card and the debit card a few weeks ago, and she is managing. I don't know how the kids of today managed not to learn how to have a budget or manage their money, but they need to learn it even if it is the hard way, without excessive handouts which teach them nothing. I personally would like a handout...after all, it's my turn. LOL
@ParaTed2k (22940)
• Sheboygan, Wisconsin
6 Nov 11
Exactly! Help is only help if it is changing the "helped" for the better. If all it is doing is perpetuating the problem, then it is no help at all.. in fact, it is actually hurting the people you are wanting to help... as well as yourself.
@RebeccaScarlett (2532)
• Canada
6 Nov 11
It's funny, because I know you don't like Michael Moore, but you and he agree on this.
He refers to the corporations that get bailouts as "the real welfare mothers" and wonders why right-wingers can be so against welfare for an actual starving mother, but hand billions to corporations (who actually had enough money to save themselves but gave it out in bonuses to the very people who caused the company to go bankrupt instead.)
It all goes back to "if you give a man a fish, he eats for a day. If you teach a man to fish, he eats for a lifetime."





