Written By D.
So many people are outraged about the corporate bailouts. I’m wondering why they aren’t outraged about individual bailouts.
If you turn on the TV these days, you can’t watch for more than 15 minutes, without a viewing a commercial explaining how, if you contact their toll free number, they can help you cheat the government out of the taxes you owe, paying only pennies on the dollar. It goes something like; “Wow, I owed the government $50,000 in back taxes, but I went to SO & SO Company and they settled my debt for only $1,000!”
And how about those credit card debts? No problem, you can call a toll free number and they will show you how to unload your debt WITHOUT hurting your credit rating. “Wow, I owed $10,000 in credit card debt, but thanks to SO & SO Company, I don’t have to pay it!”
Who are these commercials aiming at? My guess is they’re aimed at individuals looking to bailout of personal debt.
Now, if someone doesn’t pay the income taxes they owe, who do you think picks up the slack? If someone doesn’t pay their credit card debt, who pays? Yep, it’s the rest of us. And now we will be bailing out homeowners with big mortgages they can’t afford and giving tax relief to people who don’t pay taxes.
People are doing a lot of complaining about companies and government acting irresponsibly, but in many ways they just mirror what our society is becoming. Personal responsibility used to be something people took pride in, now acting responsibly is just for us suckers. Trouble is, there are fewer and fewer of us suckers left to pick up the tab.
I hear complaints all the time about kids going off to college and being “sucked in” by credit card companies. They ring up thousands of dollars in charges and surprise, they can’t pay the debt. But no one told them to accept the credit card and charge up all that debt, they did that all on their own. Yet, who is at fault? Yep, blame the credit card company.
But the kids are just mirroring their parents self gratifying behavior … no one told them to buy the big house they can’t afford. No one told them to buy the car they can’t afford. No one told them to buy all those big screen TVs and gadgets they can’t afford. I don’t own a big screen TV and my home is not huge, but I don’t have a mortgage and I paid for my kid’s very expensive college education. I achieved both by working hard and saving money. Oh yea, and I also took the time to teach my kid personal responsibility.
So, when I hear people complaining about the bailouts, saying things like, “Where’s my bailout?” I realize that the grasshoppers are taking over the anthill and I really don’t have much sympathy because I’m one of the ants. I am a charitable person but I would never choose “The Society to Assist Irresponsible Grasshoppers” as my favorite charity. I prefer donating to real victims of disasters that are not of their own making.
When a society rewards irresponsible personal behavior and votes for the politician offering the most government goodies they are in no position to complain about corporate bailouts. If those whining grasshoppers want to know what’s wrong with our government and the economy, I suggest they start by looking in the mirror.
Tuesday, November 25, 2008
Written By D.