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February 17, 2009

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kristine

Oh Rich - leave it to you to ask the hard questions...
(Excuse my LONG response...)
Gosh you have my mind going in a million directions with this post. The idea of a bail out is one that I am still wrestling with. I can honestly say I have not come to a clear cut opinion and yet your post stimulated lots of questions for me. I found myself wondering if any of this really will have an effect on those who have a strong work ethic and seek to pass it along to their children. You see, I honestly believe we are in this jam because of this message of instant gratification and our need to have it all NOW. I don’t want to sound harsh and judgmental but many of the people losing homes were people who could never afford homes in the first place! They were misinformed and uneducated about the situation they were stepping into. In the hay day of interest only loans we had several friends try to convince my husband and I that we should get a home because the payments were so low. However, we understood the consequences that were possible if the interest rates changed so we did not risk it- agreeing that we’d wait until we knew we could really afford a home. One friend told us we were ridiculous and that we obviously ‘did not want it bad enough’. Two years later this same person lost his house in foreclosure when the rates increased.
So I wonder how much of this mess we are in is because of believing and buying into the lie that we NEED it all and can HAVE IT ALL – NOW.
I wonder how much people with strong work ethics have bought into this or if they are still chugging along and teaching their children the value of a dollar and the need to wait and save. I know it’s not all black and white but it really makes me wonder how others view this economic crisis in terms of personal responsibility.

And as far as welfare goes – your comments made me cringe. I think there are those who live off the system and those who use welfare as the LAST possible option. Those who abuse the system generally aren’t the same people with a strong work ethic. And while some of us are blessed enough to have supportive families and communities so that we don’t have to resort to taxpayer’s money, there are some who need to resort to welfare for lack of other options. If they are people with strong work ethics, they are the people we often don’t hear about – those who are doing everything they can to get off the system, to make their way so that their lives can be restored and improved. These people continue the narrative of overcoming obstacles through hard work- just in a different way.

rich

Lest you think me heartless... I do understand some have to use Welfare as a last option. That is not the point I was getting at. Here is the real question, why do Obama, Pelosi, Ried, et al, basically want to repeal the welfare reform that Clinton enacted? I mean, it WORKED! Welfare rolls decreased and people actually went to work. This stimulus, if you read very closely, is the first step in yet again expanding welfare, thus expanding the nanny state. This is NOT GOOD no matter how a person cuts it. Why do we want to spend money to put people into government programs when we could just as easily do things to get them honest work?

kristine

I don't think you are heartless. If anything I cringed because there's an assumption, a stigma attached to welfare as if all of its recipients are deadbeats....

Frankly I haven't fully wrapped my mind around this plan. I am just as baffled as you.

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