Don't Get Carried Away

Jane Powell
America is gearing up for another "Black Friday" of shopping for junk that nobody needs. My daily newspapers are all starting to look like Sunday papers with the extra ads and circulars and sales spectaculars and inserts. And the mail is filled with offers from credit card companies, trying to drive us all even further into debt. Last night I watched the 2006 documentary Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders, a fascinating look at how politicians waste our money, how we waste our money, and how financial institutions thrive on keeping us all in debt and making those minimum monthly payments until we die. Grim but true.

Let's not get carried away with our credit cards this week.
The Greatest Enemy, besides Fear, is Debt.


paul leonard said...

This site is awesome. Never lets me down.

Artman2112 said...

yeah and then when THEY screw up, we all get our interest rates hiked another 10% or more so WE can pick up the tab. gotta love it!

Kim Grey said...

This year, I'm probably not going to buy anything for xmas. I'm just going to make/ bake presents. No one I know needs more stuff, and we are all barely making it right now. It is better to focus on spending time together--not spending money.

(love the pic, as always)