Wednesday, May 20, 2009
Americans are taking it in the shorts, and not the cute, pretty shorts.
I just cannot comprehend how we have gotten to the point wherein irresponsible behavior is acceptable, and responsible behavior is punished. Like millions of other Americans, I pay my mortgage payments on time, car payments on time, VISA/MC payments on time, cable payments on time, utility payments on time, and so on, and yet, Congress is going after (again) another industry, accusing them of deceptive practices, thereby enticing those poor consumers into signing up for a credit card.
Give me a freaking break!
I can remember when achievement was celebrated, striving and attaining a goal was applauded, and being a deadbeat was frowned upon, but apparently, the reverse is now the increasing accepted norm, and that is abhorrent. But, I ask my kind readers, why should those of us who are responsible borrowers be saddled with additional fees and instant interest charges, simply because we have been in agreement with our financial arrangements as stipulated? The short answer is, we shouldn't, but the long answer is we will be punished because of the no loads who will not uphold their end of the bargain.
It honestly makes you question why bother being responsible...
Hat Tip: HotAir