Mortgage Forgiveness?

  • Thread starter Thread starter morganist
  • Start date Start date
Lots of people want to clamor, "let's forgive somebody's [including some countries's] debt"..... apparently forgetting the lender takes it in the shorts.

Debt is such a bitch! It ALWAYS "gets accounted for" by somebody*.

*So.... how do we all think Odumbo's MONSTROUS DEFICIT SPENDING "gets accounted for"?
 
http://www.nationalreview.com/articles/274492/new-britannia-mark-steyn#

"This is the logical dead end of the Nanny State. When William Beveridge laid out his blueprint for the British welfare regime in 1942, his goal was the “abolition of want” to be accomplished by “co-operation between the State and the individual.” In attempting to insulate the citizenry from life’s vicissitudes, Sir William succeeded beyond his wildest dreams. As I write in my book: “Want has been all but abolished. Today, fewer and fewer Britons want to work, want to marry, want to raise children, want to lead a life of any purpose or dignity.” The United Kingdom has the highest drug use in Europe, the highest incidence of sexually transmitted disease, the highest number of single mothers, the highest abortion rate. Marriage is all but defunct, except for William and Kate, fellow toffs, upscale gays, and Muslims."
 
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