This will REALLY HONK you OFF

[know1]

Fair enough.......but if you PURCHASED above your means, the government has NO RESPONSIBILITY to SAVE your BUTT.........

Later,

Geo

But what is "above your means"? Everyone has their own definition of that.

For me, I believe it is above my means to take out a loan on a boat. Therefore, I don't own a boat and am saving to buy one in cash.

Other people do not believe that is above their means.

I just think it's pretty harsh to throw everyone who is having trouble with their mortgage into the "SCUMBAG LOSER" category.

[GeoFisher]

But what is "above your means"? Everyone has their own definition of that.

For me, I believe it is above my means to take out a loan on a boat. Therefore, I don't own a boat and am saving to buy one in cash.

Other people do not believe that is above their means.

I just think it's pretty harsh to throw everyone who is having trouble with their mortgage into the "SCUMBAG LOSER" category.

* If you make 60K a year and buy a 300K house.......that is ABOVE your MEANS.

* If you make 40K and your spouse make 20K and you think you can drive 2 NEW SUV's and buy a BRAND NEW 21 Ft TRITON and finance it for oh say 10 years.........that IS above your means.

* If you SPEND every dang penny you make, and have no money to help yourself out in a pinch.......THAT is above your MEANS.

* If you have 6 credit cards and make 30K a year..........that is ABOVE your MEANS.

Kind of common sense things............

Later,

Geo

[fishin350]

Well said the people who have done the right get dumped on.