thegreekdog wrote: Nola_Lifer wrote: Timminz wrote:
huamulan wrote:What kind of person pays for a car or holiday using a loan?
A car I can understand, but I don't think anyone pays for a holiday with a loan. That would be ridiculous.
Ever heard of a credit card?
Ever heard of America?
See, here in the United States, everyone deserves to have multiple automobiles, a large house, exotic vacations, and multiple big screen televisions. If they cannot pay for it with cash, they can pay for it with credit cards or mortgages.
If they cannot pay the credit cards or mortgages, then they get bailed out. Because everyone should be equal. /rant.
Isn't the bolded idea perpetuated by capitalism and the need to consume, though?
it's not the greedy capitalists fault that the idiot liberals enable the irresponsible people.
i know a guy who has defaulted 2 truck loans, a motorcycle loan and a PL.
this same guy lives in a 200,000 dollar house ( i'm aware that this is not a very expensive house, but i've seen houses on the market for 50k so yes, it is an expensive house ) his wife drives a new mercedes, he just bought about 20,000 dollars worth of furniture for said house ( on credit i'm sure ) he put an 8,000 dollar lift kit with rims and tires on a truck that he still owes 10,000 on, and him and his whole family wear all name brand clothing, and go out to eat several nights a week.
i'm sure his kids will apply for a student loan that they'll never pay off too.
this guy needs to be in jail.
drinking water, and eating rice and cheap fish 7 days a week
with nothing but a box fan and a sink and toilet.
i wonder how many more are like this.