Comments on: Making Cash The New Credit

CBS Evening News: Credit Counselors Divulge Secret To Erasing Debt, Going Cash-Only

[pirmin3]

People burdened with credit card debt have only themselves to blame. I have no pity for these idiots. Ever hear of taking responsibility for your actions???

[newo2000]

$70,000 of credit card debt IS alot, but MANY people have that much... I see it every day in my law office.

[easeup-2009]

exactly!! charge!! charge!! charge!! its not your fault!!! Blame it on Bush!!! Be a true lib!!! dont take responsibility for yourself!!!

Posted by jamesm12341 at 09:36 AM : Nov 11, 2008

Bush did pass the "Big Screen TV Act of 2004," which required every homeowner to buy a 50" or larger hi def TV, regardless of whether or not they can afford it.

CHIMPEACHMENT!!!!

[easeup-2009]

there it is in a nutshell folks....since the banks are not responsible, you dont have to be either. go out there and charge , charge , charge!! Blame it on Bush!!!

Posted by jamesm12341 at 09:29 AM : Nov 11, 2008

It''s much easier to blame Bush than to look in the mirror.

[presjfk]

Posted by formrusmcsgt
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I use my one credit card all the time. I use it for gas purchases, when I go to the department store, my internet payment and my cell phone. I dont like to walk around with a lot of cash. I pay the bill off entirely every month and have never paid interest in over 20 years. Credit cards are a good thing if used wisely unlike liberals who see it as a free lunch.
Posted by gop_will_Win

Nobody see''s credit cards as a free lunch. While I agree that card holders have a responsibility to use credit cards responsibly - so to the banks. How responsible have the banks been in issuing cards, the imposing of fees and other changes in the cardholder agreements over the years? I would say the banks have been terribly irresponsible. The result of this irresponsibility will be as with the mortgage mess. Consumers won''t be able to pay (a fact the banks knew existed when they issued the cards), banks will fail and bailouts for these banks will ensue, and the consumers will get nothing and taxpayers will foot the bill. The GOPwillwin and America loses.

[gop_will_win]

This has nothing to do with liberals, conservatives, dems or reps .......... it is simply good ole American GREED and adult IMMATURITY.

Its pretty *** simple. Live below your means. Don''''t have children that you cannot support and feed. Don''''t take government handouts. If your income is not sufficient, get a second job or cut down on expenditures.

Hell its not rocket science.


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Posted by worstever2
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I would not say not to have children, that would just perpetuate more abortions. I would say if you dont have enough money in the bank to support a child, refrain from having ***.

[gop_will_win]

Bush did ruin the economy, caused incomes to drop, unemployment and more which has forced people to use credit cards. Bush also oversaw a change in law making bankruptcy hard for most Americans to get out from under their debt. Funny how the banks got a bailout when they got in trouble but individuals in trouble must pull themselves up by their bootstraps. -and corporations have an easy time going bk unlike individuals.




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Posted by presjfk
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It was Reid and Pelosi who bailout the banks, blame them.

[gop_will_win]

ahhh, is that why they rely on government to live?


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Posted by jamesm12341
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Ofcourse James, liberals are weak and have no self discipline. Thats what makes them liberals I suppose.

[worstever2]

This has nothing to do with liberals, conservatives, dems or reps .......... it is simply good ole American GREED and adult IMMATURITY.

Its pretty *** simple. Live below your means. Don''t have children that you cannot support and feed. Don''t take government handouts. If your income is not sufficient, get a second job or cut down on expenditures.

Hell its not rocket science.

[presjfk]

didnt Bush come to your door and make you run up credit cards like he did everyone else?


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Posted by jamesm12341
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No thats just some myth perpetuated by liberals in an effort to not having to own up to their mistakes James.Posted by gop_will_Win"

Bush did ruin the economy, caused incomes to drop, unemployment and more which has forced people to use credit cards. Bush also oversaw a change in law making bankruptcy hard for most Americans to get out from under their debt. Funny how the banks got a bailout when they got in trouble but individuals in trouble must pull themselves up by their bootstraps. -and corporations have an easy time going bk unlike individuals.