Comments on: Why have we as Americans given so much of our financial freedom away?

By: Stephanie73

Stephanie73 — Wed, 01 Jul 2009 09:00:35 +0000

I, personally, have learned to live within my means and carry no debt. However, I know that I am the exception to the rule.

The reason that Americans, as a whole, cannot seem to exercise restraint is because we are the victims of billions of dollars spent to convince us that we need more, and we need it now. Then we are offered ways to get it all now and pay for it later. But since so many of us tend to live in the moment, we don’t plan for how we will pay for it later. This is what gets us into trouble.

By: sub0k

sub0k — Wed, 01 Jul 2009 09:00:35 +0000

We are lazy

By: J D

J D — Wed, 01 Jul 2009 09:00:35 +0000

Because George Bush is a crappy president

By: snizz35

snizz35 — Wed, 01 Jul 2009 09:00:35 +0000

HiYa handsome Snertie Cat..

Because we’re a society of complacency and instant gratification!

EDIT: isn’t it funny how we can blame Bush for everything LOL

By: Voice of Reason

Voice of Reason — Wed, 01 Jul 2009 09:00:35 +0000

Madison Avenue tells us that we need it and deserve it. (I want it all and I want it now.)

Our economy is based upon mass consumption. Now our wealth is being used to buy cheap foreign made goods while our wealth is being shipped abroad.

The balance of trade is out of whack and we will become another 3rd world sh!thole.