Paying for Your Own Mistakes

MP
The banking industry is being bailed out even if their lending practices were irresponsible. They loaned money to home buyers that had almost no chance of repaying their mortgage. The government should not reward such irresponsible behavior by paying the banks for their losses. It is also the fault of the home buyer who should not get into such heavy debt without the type of income that is needed to pay the mortgage.

There are many young couples that decide to have children. Most are not aware of the heavy expenses it entails. The cost of raising the average child from birth to maturity is over twenty five thousand dollars. Unless the couple is sure of the stability of their earning power they should not embark on such an expensive undertaking. But they feel that the government and their welfare payments will bail them out if things get bad. Home buyers, banks, and penniless parents have now become dependent on our kind hearted government. Financial responsibility has gone the way of the dinosaurs.

The nation is now swarming with millions of children that don't have any idea of who fathered them. The children cannot be blamed if their ill-equipped parents decided to bring them into this world. Without a stable fathers presence they don't have the benefit of mature male leadership. Most of these children are being supported by government handouts and will continue to be a financial burden all their lives. The solution to this problem seems impossible but it can be solved with creative thinking.

The possibility of welfare payments to women with children has to be eliminated. If a penniless woman wants to have a child with an unemployed guy, they have to realize the financial burden that they will be accepting. Without the possibility of welfare handouts they will surely use a condom before having sex. This would be the most humane way of stopping the spread of welfare mothers and children that have no idea who their father could be. The results would be that no woman would voluntarily have an affair with a guy without a job.

There are millions of Americans that have lost their homes because they could not meet their mortgage payments. It is not only their fault but also the fault of irresponsible lenders. Financial responsibility is one of the first things a person should learn. The best way it can be taught is by the pain of mistakes. The pain of not being able to pay the bills is one that should be experienced by mothers that expect welfare checks to give them the good life.
melpol

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  • A.R. Post9/6/2008

    Amen. It's funny how the continuing excuse of welfare is to help those whose irresponsiblity is a result of the fact that welfare exists in the first place.

  • Daniel Dunkin - Content Writer and Artist8/15/2008

    Very well said and it needed to be said. Irresponsibility has hit our society like a cancer from the bottom to the top, now how do we implement change?

  • Gabrielle M. Dugal8/11/2008

    I understand that there are people using the "system" and taking on more than they can chew. But there are people like me, who became pregnant, when I was told I couldn't. However my fiance and I were both hard working individuals and unfortunately my fiance lost his job. Even though things were bad, we never turned to the government for help. We cut things we didn't need and made do with what we had. Because of this we are stronger and more responsible than we've ever been. Things are still tight, however we're able to pay bills in a timely manner and can do some great bargain shopping.

  • Mary-Jane8/11/2008

    I agree. People should take on their own responsibilities a lot more. Great article.

  • BlowHard8/10/2008

    Good topic, and one that is "personally" close to my heart. For a brief time my daughter was on the rock. She stole money from my wife's purse, my register at the deli, etc. In '05 she had her electricity turned off for lack of payment. She asked me to pay to turn it back on for her and I refused. She suffered from May 'til October w/o AC, tv, lights or hot water. By October she'd "seen the light," came to her senses and gave up the rock. She turned her power back on, got a good job, dumped the lowflife druggie boyfriend that got her involved in the first place and moved from her "party pad" apartment. She's had a great job for 3 years now, bought a new car and is living with a great guy who is responsible, hard working and stable. Tough love is just that! It's tougher on the parent but far better for the child. Personal responsibility is a fundamental tenet of American life, the Lefties and their Nanny State notwithstanding.

  • Justice Lives Not8/9/2008

    You make many valid points here. Yes, there are some struggling families who're losing their homes through no fault of their own, but like you said, most people put themselves in this fix by wasting money on bullshit. And then there's the greedy banks and sub-prime lenders who'd give credit to your dog if he could apply! Nothin' pisses me off more than somebody poor-mouthin' about "I can't save money" when they have the 350-channel cable TV package and eat at Appleby's 5 times a week. Here's a novel idea: LIVE ON LESS THAN YOU MAKE (act your wage)!

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