ArrowHeadNLI said

[orig][quote]

The whole point of "your grandparents didn't have debt" being an indicator of some global conspiracy to keep us in debt? Retarded. My grandparents had no debt for two reasons: stronger value of the dollar, and they LIVED WITHIN THEIR FUCKING MEANS.

To the kid that owes 10,000 on their car: Do you NEED a 10,000 car? Could you afford it? Obviously not. You felt entitled to it, couldn't afford it, so you signed a loan for money you do NOT have. Good luck blaming that on the rich oppressors, retard. I paid cash for every car I've owned. And for the record, I own a home, make modest money, and still have a grand total of $50,000 in debt. A little more than one year's salary.

The worst part is all these retards who feel the need to use credit cards and loans to buy things they could NEVER afford in the first place have now fucked the economy for everyone else. I now have to pay for the mistakes of fuckwits like my neighbor who signed on for subprime rates with massive baloon payments.

Meanwhile all I want is a fucking house. When your parents were young, the average cost of a house was 12-20,000, around one year's salary. Nowadays it's closer to TWENTY years of salary, plus hundreds of thousands in interest! Did I sign a loan for massive payments and a baloon payment 20 years down the road? No, I bought something I could actually afford, and only took on 50,000 in debt. For the "good luck buying a house with cash" guy: Suck my dick, it can be done. It's not about discipline, it's about buying things when you can AFFORD them, not when you WANT them.