tag:blogger.com,1999:blog-11719208.post8231572106125818636..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: Conversations with fatherTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11719208.post-42851721285921272662008-05-21T13:34:00.000-07:002008-05-21T13:34:00.000-07:00I work with a nice, middle-class mom. Both she an...I work with a nice, middle-class mom. Both she and her husband work at very decent jobs and make the daily two hour roundtrip from the 'burbs. They both work hard and live a good middle-class lifestyle. Debt fuels multiple cars, multiple vacations (domestic & international), time share, and brand new kitchen cabinets.<BR/><BR/>Funny thing is...their three children are getting a free ride at state universities. Five years worth of in-state tuition, books, gasoline, rent and a little walking-around money all come via their 2nd mortgage. Georgia does pay for the first 120hrs but there are many fees and drop/add classes count against this total. <BR/><BR/>I respect this couple for helping their kids graduate without any student loans, but at what cost to their future? This mom & dad are paying rent for six places (two mortgages, the time share, and three apartment rents). <BR/><BR/>The three kids don't really work. Just a few hours a week in between the rock climbing, binge drinking and trips back to Atlanta. <BR/><BR/>I don't know how they sleep at night with this rather massive debt monster hiding in the basement.Unknownhttps://www.blogger.com/profile/15448841333466871247noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-49682554967113828022008-05-19T11:25:00.000-07:002008-05-19T11:25:00.000-07:00My daughter started a weekend/school holiday job w...My daughter started a weekend/school holiday job when she was 16. It was part of her education.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-43841283134735425832008-05-18T21:40:00.000-07:002008-05-18T21:40:00.000-07:00sometimes we wish we didn't have kids.. it is diff...sometimes we wish we didn't have kids.. it is difficult to be honest and still be accepted in this crazy social environment.. we're hoping modesty makes a comebackAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-92078581314901376702008-05-18T21:19:00.000-07:002008-05-18T21:19:00.000-07:00Americans in general (not all) have become lazy an...Americans in general (not all) have become lazy and entitled. Homes where there is obviously not enough money for mundane maintenance and both parents (or one if an all too common single parent home) work to make ends meet, lawn services are hired to handle tiny lawns while the healthy teen male sleeps the summer away. Zero is the amount of socially accepted manual or menial labor allowed. Delivering papers or any job not associated with some degree of presitige is considered worse than no job at all. As long as borrowing can fund the difference, they're fine. But soon they'll be maxxed out and I really don't know what is going to happen. I assume the government will simply start paying bills for everyone and printing the cash to do it with.Anonymousnoreply@blogger.com