Ted over at Colonial Federation Network has a post that reminded my of this song.
You say that money, isn't everything,
But I'd like to see you live without it.
You think you can keep on going living like a king.
Oohh babe, but I strongly doubt it.
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These lyrics could apply to people with huge credit card debt
It could also apply to a nation, sinking in debt.
Federal Reserve put out a book in '94 that tells all about why we can't get out of recession now, called Modern Money Mechanics. The answer is interest, that makes sure that the amount of money owed stays more than the amount of money available to pay it...Basically, the banks own the government. Barry & Congress have a Boss, and as John Fogerty used to sing, "don't look now, but it ain't you or me."
ReplyDeleteI don't and don't plan on own a credit card.
ReplyDeleteGlad that I don't have credit cards. Living within your means and spending your money wisely means you can have a debt-free life.
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