Its time that we take responsibility for our own actions. We created this problem! We ran up credit cards we couldn’t afford and empowered the banks. We ran out buying more and more expensive luxury items Ipods, flat screen TV’s, Computers, and designer cloths, which drives inflation. Its the American people who now buy a new home on the average of every 5-10 years so they can keep up with the Jones, that drove the housing market up which raised interest rates. We are the ones that have bought up every luxury car and gas hog SUV that the auto industry built empowering them and the gas companies. And it was the American people who took second mortgages and overextended themselves so we could send our overindulged children to ivy league colleges so that they could continue this cycle without having to act like adults and invest in their futures (pay back student loans, choose a college based on income and ability). We now have unemployment offices around the country full of young people who’s mommies and daddies paid for them to go to top colleges because junior wanted to design computer games and now considers himself too educated and too important to do data entry. If you don’t like the current economy cut up the credit cards, stop buying more car than you need to get back and forth to work, forget how big of a house the Jones have and buy the one that serves your families needs not wants, and let junior take responsibility for his own future instead of having it handed to him! He may just grow and be a better man for it, and not make the same mistakes we made.
I think so far PIRATE JIM has the most interesting response, Not cause I agree but because it illustrates the real answer. Because their too busy blaming everyone else.
Skidoo I agree with you, I got laid off from a good paying sales job, and now work in a plant. after only 1 year I am already topped out on the pay for my current job. But its basic supply and demand as long as the majority continue to live beyond their means inflation will soar, housing cost will sky rocket, and gas prices will continue to climb. Why would the banks, big business, or anyone for that matter stop doing what is working for them. The answer isn’t to make the Government responsible but to make the people responsible for their actions. I watched 60 minutes last night and saw people from upper to extravagant neighborhoods going to soup kitchens and food banks. Because they risked their retirements and more than they could afford to lose on investments. The thing that struck me was they were still living in the fancy neighborhoods and driving new cars. How about giving up the big house, turn in the Lexus, and buy a used car (I now drive a 1997 minivan w/ 250,000). Get a part

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