Economic Crisis

I am not being hit by it. I have a good savings, am looking to buy a house next year, and will have plenty of presents to give at the holidays. Why? Because I am terribly cautious. Money (not have it) actually terrifies me. Sure, I waste a bit here and there. But I automatically put savings away, am very cautious of large ticket item purchases, and try to save where I can. Am I perfect? Of course not. Have I ever overdrafted my account? Sure. Have I put myself into a financial situation without weighing the risks and thoroughly educated myself on those risks and whether I was financially, emotionally, and physically ready to incur those risks without horrible repercussions down the road? Oh no.

People are hurting. Many people are hurting because someone gave them very wrong, very bad information. I do not believe that is the majority of people. The majority of people got all bright eyed at the prospect of quick money. Saw a lifestyle they could not afford and went after it with zeal and no thought to the potential downturn. They made a gamble and they lost. Why am I suppose to feel bad for them? Why should they be helped out of their hole? Because they want it? Because they do not deserve it? Because they should have better?

The times they call for serious reconsideration of not just financial responsibilities, but personal ethics. Why was that second house so important? Why was having each of the tykes in 5 different activities that each cost $500-$1500 year so necessary? Why could they not do simple math? Income in < finances out=BAD Times. Honestly, I do not know what people spend their money on. I rent movies, go out to eat, buy shoes and books, and pay my bills.