Being accountable

We have had a long and prosperous time the last 10 or more years. Because we got used to this we forgot to ever prepare for a time when things weren't ideal. So, we extended our credit. We want things now and plan to pay for them latter. The problem with that is we can't foresee the future. We don't know if we are going to get laid off, have unexpected illnesses, have a tragedy and so forth. But since we couldn't predict everything, we didn't plan for anything. If you get too many people doing this, it kind of dominoes. If I can't pay my lenders, then they can't pay their lenders, and thus the domino.

Now we are in a recession and the market has to cut the fat. If we just get another loan out (stimulus from the government) we are only extending our credit and building up for a larger crash.

It all comes down to being personally responsible. If we aren't we will make the problem worse. If the government jumps in and tries to take the accountability away, we can't learn from our mistakes. We won't create a product that society needs, we will keep creating the ones they rejected.

Our founding fathers never promised ease, homes, and pay checks they promised Freedom. The right to learn from our failures. The right to pick up and do better.