Some things to read while I work in my kitchen again...
John Stossel - it's from last week, but it's worth the time to read it...as usual. As I refuse to have a credit card (!), I also don't think banks are "evil" for wanting to increase profits. BarryO seems to talk out his other orifice in demonizing the very thing that he's doing to our Nation - sending it so deep into debt that payback is nearly hopeless. What a maroon.
The "bill of rights" seems designed to prevent people from getting themselves in over their heads. That motive is honorable, but government has never been very good at such protection. The law of unintended consequences cannot be repealed, and what government gives with one hand, it inadvertently takes away with the other. Increasing the banks' costs will make it harder for poorer people to get credit cards, and that will only push them into costlier forms of debt, like payday lenders.
I've never understood how the poor are helped by limiting their choices.
Unlike modern parents, she didn't obsess over our self-esteem. She didn't tell us repeatedly we were handsome or pretty or smart or talented. She didn't boast about us in public. If she had any obsession, it was that we better not embarrass her in public.
Lori Borgman has a good column, too, also from last week. As a 'follower' of Dave Ramsey and being an American with no credit card (!) by CHOICE, I like the way she thinks.
When you spend cash, the best part of the month isn't when you load your wallet — it's when you open the credit card bill.
Thomas Sowell - when reading his column, I don't feel the least bit stupid, ignorant or uneducated. This man is a National Treasure, in my opinion.
Those people who just accept soothing words from politicians they like are gambling with the future of a nation. If you were German, would you be in favor of a law "to relieve the distress of the German people and nation"? That was the law that gave Hitler dictatorial power.
He was just another German chancellor at the time. He was not elected on a platform of war, dictatorship or genocide. He got the power to do those things because of a law "to relieve the distress of the German people."
When you buy words, you had better know what you are buying.


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