DNJ deep down I really believe that. We are experiencing another " Fall of the Roman Empire." May God help us all.

Charly and Hammer and I agree with you on your points about finanicially responsibility. I'm from that mold as well.

Interesting that 3 years ago my wife and I were considering purchasing a vacation home. Thru hard work all our lives our home was paid off by the time we were 48 years old.( now in mid 50s). Short story is our bank gave us a home equity loan for close to $300,000. Our home is valued at about $285,000. Not sure what they were thinking but my wife and I could never figure based on our income how they could loan us that kind of money for 30 years. Sure with our home as collateral I suppose it was a no brainer for them.




[This message has been edited by Pacesetter (edited 02-13-2009).]