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Unread 09-23-2008, 01:19 PM
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spareparts spareparts is offline
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Join Date: Oct 2006
Location: Raleigh, NC
Posts: 6,192
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a while back I read an aritcle that explained the eeconomy has been fueled by dept for the last 30 years. I hear about people rationalizing the cost of operation(payments) rather than the cost of ownership, I see monthly payments advertised rather than how much it actually cost. Kids today don't even understand ownership, its all monthly service.Seems to me everybody has been riding the credit train too long. Don't misunderstand me, I can't afford to buy a house outright, but the one I have is resonable, and affordable, I'd love to have a new car, but I own two dependable 10 year old cars that are gong to be here for a while longer. People ask me whats wrong with the economy, i tell them $50,000 pickups, $90,000 cars, $500,000 homes, and $5000 TVs. No one actually owns those things when they are worth anywhere near what they cost, and you end up paying 4 times what they are worth if you keep them, while depreciation makes them worthless. Who really needs a 5 year payment plan on a freaking TV? We have been living in a dept fueled economy too long, now its time to reap the benifits of it. Thats why I like my V and my McKee, I don't owe anyone a dime on either one
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