This reminds me of the book, Rich Dad, Poor Dad.
I worked at a country club to put myself through college. I'd say about 1/2
of the members group up dirt poor. So poor, 1-2 families shared run down
studio apartments. They worked hard, saved, and repeated. Now they are
extremely wealthy. They maintain those principles. They pay cash for cars,
houses, boats. They save for things they want, working for them.
Poor people remain poor because of their habits like JD lists. Its precisely
why things like welfare don't work. It isn't lack of money why these people
are poor.
To bring this back to the original topic, the majority of "illegal"
immigrants in this country are hard working individuals willing to work and
save. The problem isn't illegal immigration. Its that immigration is
illegal.

resume the flame war.

Eric

On Tue, May 18, 2010 at 3:37 PM, JD Austin <j...@twingeckos.com> wrote:

>
> On Tue, May 18, 2010 at 15:13, Technomage <technomage.ha...@gmail.com>wrote:
>
>>
>> The biggest problem with have in this country is a lack of personal
>> responsibility for ones own actions (including incurring debt). we need to
>> be a lot more responsible and we need to force the states into doing so at
>> their level.
>
>
> I couldn't agree more.  My wife drags her deadbeat high school friends into
> our lives.. they have an entitlement mentality and it dives me crazy.  They
> can justify getting a new car when they can't afford the one they already
> have and when things get rough just declare bankruptcy or run from the repo
> man as long as they can.  These people can get cars/motorcycles/etc but
> can't pay their mortgage, repay personal loans, or keep promises they make.
> We've loan them money to keep their kids from being homeless but do they
> change any of the behavior that got them into that position?   No.  Within a
> year they're back again with their hand out.
> If they were willing to live within their means they might prosper but
> they're always trying take more than they're willing to work for.  It all
> falls to poor character in my opinion and a selfish attitude; I don't see it
> getting better.
>
>
>
>> 5 years ago, Arizona had 2 billion in excess cash set aside (call it a
>> rainy day fund). the politicians couldn't leave well enough alone and now
>> here we are, suffering a 2.1 billion dollar shortfall for this year alone.
>> California was living on borrowed time ever since gray davis started as
>> governor.
>>
>
>
> At least Arizona is trying to do something now.  I'm sure we could make our
> state government 20% more efficient if we wanted to but even that would cost
> money.
>
>
>>
>> Personally, I have gotten rid of all my credit cards (can't have them
>> anyone living on a disability income), I am paying down any debts I have
>> left (just over $3,000 at this point) and will be debt free in 3 years.
>>
>
> We did the same thing.  Last year when my business was finally debt free I
> felt a tremendous sense of relief!  For 8K in debt I easily paid $30K by the
> time it was all paid off.  Until it was paid off I felt like a slave to the
> credit card companies.  Theres nothing worse than working with clients you
> can't stand and doing jobs when you'd rather be sleeping but I had that
> monkey on my back.
>
>
>>
>> I view credit as nothing more than a company selling you the money you
>> borrow (debt) and then charging you monthly to be able to use that money. it
>> isn't yours. its a legal scam IMHO
>>
>
> Oh but we're so addicted to instant gratification :)  Credit does allow
> people to have things they could never save up for but credit card companies
> have really set up the less intelligent people in the world for failure.  I
> doubt the new laws will change that much.  The young know everything so good
> luck teaching them that it's better to work for what they want!
>
>
>> anyway, my point is this: deflation might actually be a good thing for
>> this country, if and only if, it can be held to a minimum level for as long
>> as possible.
>>
>> I'd prefer deflation to inflation.. it mean the dollars in my pocket are
> worth more :)
> Inflation works the other way.. the harder I work the less my money is
> worth.
>
>
>
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