DISQUS

DISQUS Hello!  The comments on this profile are unclaimed and thus are unverified.

Do they belong to you? Claim these comments.

Tom Lowe's picture

Unregistered

Feeds

aliases

  • Tom Lowe

Tom Lowe

8 months ago

in Sub-prime Mess Leads to Global Summit on Blown Mortgage
Australia will be in far worse shape than the USA rather shortly. BTW, in USA, lenders are also allowed to go after foreclosure losses, but they never do because just as in Oz, you can't get blood out of a turnip.

All hail the mantra of ignorance repeated by Jim Dierking: which is that every human being can foretell the future until the end of time. When the day surely comes that Jim Dierking finds the shoe of unexpected negative circumstance on his own foot, let us then hear what he has to say. Like most others, I'm sure he will feel entitled to something which he did not ever earn!
1 reply
Jim Dierking I will try and be professional in responding to Tom Lowe's comments. Perhaps I should start by saying that yes, when a unfortunate situation occurs in someone's life, there should be something that they can do to get help. I give generously every week to insure that various missions within my community and on a larger scale as well. I have survived a few very serious health issues as has my wife and through it all I managed to pay my bills as agreed. I live within my means and have tried to make provisions so that in case I am in a situation unexpected negative circumstance, I will not have to check to see what I am entitled to.

But you, Tom, made this personal. It is not personal and let's face it, far too many americans live beyond their means. Quoting the Federal Reserve, 40% of American families spend more than they earn. So my comments are not directed to the individual family that is paying their bills, living within their means and sadly, has something like loss of income cause them to become unable to afford their financial obligations. I am talking about the individuals mentioned by the Fed, living beyond their means.

So, I will continue to work hard and you can go on singing your mantra of ignorance. The fact still remains that far too many of the people in financial crisis has done this to themselves. And for those who have lost their employment, become disabled and unble to work, I will continue to give generously to charities that provide assistance to them. So take your mantra of ignorance and sing your song to someone who is ignorant and who will listen!

And I hope that you have a blessed day!
Returning? Login