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[Akka Homestead <akkabhomestead AT yahoo.com>]

Ray, you, Lynn, and James are all right, AFAIAC.
The only thing I would add is that in addition to 'children have no 
consequences and parents enable" I would say that there is an atmosphere that 
'if you can get away with it, it's okay", that goes for cheating in school, 
breaking the law(vandalizing, underage drinking, speeding, street racing and 
such), and it is all overlooked by parents who grew up and said, "I did 
worse"  I call that liberal child rearing.  Anything goes.  Those kids are 
now the greedy SOB's who work on Wall Street-short selling what they don't 
have, who live above their means off their credit cards and default on loans 
because there is no real consequence anymore, and who are ruining not only 
our economy, but the morality of our country.  They are the million dollar 
millionaires, and what is crazy is that most of the poverty class wants to be 
just like them.   
I said it a week or so ago, but maybe this crisis will create a paradigm 
shift in ethics and morality.    I doubt it will happen, but it is my hope.  
Part of me says no bailout...we should just take our lumps, but I am in a 
position to ride it out better than most as I have good credit, low debt, 
land, skills, etc.  It almost feels mean to say that because I know that if 
there is no bailout, so many, especially those in cities, will suffer more 
than they already are.  

Akka B, who heard that down in Atlanta, they are allowing electric golf carts 
on the road in some places.  


--- On Wed, 9/24/08, rayzentz AT aim.com <rayzentz AT aim.com> wrote:
From: rayzentz AT aim.com <rayzentz AT aim.com>
Subject: Re: [Homestead] Wrong admission
To: homestead AT lists.ibiblio.org
Date: Wednesday, September 24, 2008, 12:52 PM

It's partly because we have lost the effect of "Shame".   And we,
the 
people, allowed it to happen.   It starts in school, or at home with 
young children, who are protected from natural consequences by parents. 
   This is then exacerbated by teachers, who are not "allowed" to
apply 
natural consequences, and the child never learns.

A bit simplistic, but still true...

Incidentally, this began in MY generation, caused by my parents 
generation, in the "free love" era.

Nothing's free, and now, quoting a famous (undeservedly) pastor, "the 
chickens are coming home to roost".

Ray




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Although the sub prime loan debacle was the tip of the ice berg, this
bail out isn't about mortgages and individuals. It's about the
unregulated credit swaps between banking institutions, and Lynda, how
'bout we just say, Gramm, period, and let's throw in Bank Suisse,  at
any time. :  )

Moon


On Sep 24, 2008, at 11:56 AM, rayzentz AT aim.com wrote:

> There is one group of people who are being strangely left out of this
> blame game, and in my opinion, should not be.   That would be people
> who insist on purchasing things they cannot afford, and then not
> having
> the integrity to meet their debts.   Yes, the bankers should not have
> given loan, yes, perhaps regulation could have improved things.
> However, it still boils down to too many people spending way beyond
> their means, and then expecting someone to rescue them from their own
> stupidity.
>
> I don't get it.  What ever happened to Darwins law.   I thought
> enlightened people believed in that.
>
> Ray
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