Sub Prime Solution

Don't sign that document! The solution to the sub prime meltdown, is simple really. But, you have to be able to answer the question, why do people do stupid things. Is it greed, lack of information, scarcity of someone to watch you carefully and then at the appropriate moment whack a bumpy stick across your knuckles while yelling, "what are you thinking, you can't afford that mortgage payment, you don't have a job!" For months now I've been listening to all the experts in the field of mortgages and finance, CNN, major networks, MSNBC, FOXnews and the rest and I've yet to hear someone say, if people do stupid things, it's not the government's responsibility to bail them out. Does that mean we don't expect that from government, or that we don't complain when they don't do it, no - why do you think we have such big deficits. People are babies, and if you can't figure out if you can actually afford something, then just say this (my mother says it all the time) "When in doubt, don't" She also says a lot of other stuff that's completely irrelevant and quite insipid, but on this one, she's dead-on the money.

So next time you think about complaining remember all the things your parents and 1st grade teachers told you, "actions have consequences" and "if everyone else jumped of the .... would you do that too?" and "Don't do the crime if you can't do the time" (sorry that was Baretta).

There's a reason why more people aren't wealthy - and apparently it's a good one.