Forget me, I'm not going to personalize this, I really am trying to
completely understand what I am missing in what you are saying.
Many people, in cities , small towns, and rural areas alike, work very hard.
Some doing brutal physical labor. They have never known "sit-on-your-arse
society". I guess my point is that people who did sit-on-their-butt, who
weren't responsible with their crdit; who were frivilous with their financial
affairs, appear to be looking at ,in most cases,no worse future, & in some
instances, better future, than people who have toiled hardily and lived
frugally.
Maybe I just see a different part of society, but I know people who have sat
on their butts for most of their lives and played the game, one way or the
other. They aren't at all worried. Worse case scenario, they take off for a
couple of years to Europe, if they have squirrelled things in the right
places; or to their U.S. vacation houses, if they haven't. They think they
are going to lose money and have a simpler lifestyle for a while, but that's
it.
On the other hand, I have 30 something year old cousins, who live closer to
your neck of the woods than mine, work hard at two jobs, and could be
devestated quickly by job loss. I just don't understand how only lazy,
carefree people are going to lose, if, as you say " It's real. It's
happening. It's coming to a world near you." ....bobf
----- Original Message ----
From: "Clansgian AT wmconnect.com" <Clansgian AT wmconnect.com>
To: homestead AT lists.ibiblio.org
Sent: Wednesday, September 24, 2008 6:20:08 PM
Subject: Re: [Homestead] Wrong admission
> > I still have relatives who live in rural areas. Many of them ,soon, will
> be really hurting . I'm just trying to understand .
Then understand this above all: The bailout will not change anything. It
might delay it a few weeks (oh, say, until after the election) but it will
change nothing. The bill is coming due for our sit-on-your-arse society and
nothing in the end will forestall it.
It's real. It's happening. It's coming to a world near you.