<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Teaching Your Child to Love Debt and the Fed&#8217;s Credit Bubble</title>
	<atom:link href="http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/feed" rel="self" type="application/rss+xml" />
	<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html</link>
	<description></description>
	<lastBuildDate>Thu, 23 May 2013 00:23:55 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.5.1</generator>
	<item>
		<title>By: Iluvatar</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6094</link>
		<dc:creator>Iluvatar</dc:creator>
		<pubDate>Thu, 25 Mar 2010 16:41:23 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6094</guid>
		<description><![CDATA[Sheryl -- Yes you did, geeze louize (grinning)! But it sure did seem to be effective in commuincating an important point.

She raised an important point that is fire on my belly. I believe that 80+ years of &quot;social engineering&quot; has had a HUGE impact on our society&#039;s ability to think &amp; act rationally. It has dulled our senses &amp; feelings towards liberty &amp; responsibility (which are joined at the hip). It has turned us into materialistic religious fanatics. We have lost the nobleness of Walden pond-based frugality and spartanism. It has made us look to government in order to get our &quot;needs&quot; met rather than to look inwards instead.

And they (goverment) get away with it under the slogan of &quot;wanting to build a great society&quot;. Don&#039;t believe it? Just take a peep @ the Roosevelt monument on the mall in DC. It&#039;s right there. Black &amp; white.

There is nothing wrong with desiring a great society. Only difference is HOW you do it. I believe that a great society is built from the ground up - 1 community at a time. No government involvement whatsoever (or very, very little). It is very surprising how often a quality product is obtained when you have full ownership over it!

&quot;Ask not what your country can do for you; ask what you can do for yourself&quot;. Then STFU and get busy!!@! (sorry, kinda angry here...)]]></description>
		<content:encoded><![CDATA[<p>Sheryl &#8212; Yes you did, geeze louize (grinning)! But it sure did seem to be effective in commuincating an important point.</p>
<p>She raised an important point that is fire on my belly. I believe that 80+ years of &#8220;social engineering&#8221; has had a HUGE impact on our society&#8217;s ability to think &amp; act rationally. It has dulled our senses &amp; feelings towards liberty &amp; responsibility (which are joined at the hip). It has turned us into materialistic religious fanatics. We have lost the nobleness of Walden pond-based frugality and spartanism. It has made us look to government in order to get our &#8220;needs&#8221; met rather than to look inwards instead.</p>
<p>And they (goverment) get away with it under the slogan of &#8220;wanting to build a great society&#8221;. Don&#8217;t believe it? Just take a peep @ the Roosevelt monument on the mall in DC. It&#8217;s right there. Black &amp; white.</p>
<p>There is nothing wrong with desiring a great society. Only difference is HOW you do it. I believe that a great society is built from the ground up &#8211; 1 community at a time. No government involvement whatsoever (or very, very little). It is very surprising how often a quality product is obtained when you have full ownership over it!</p>
<p>&#8220;Ask not what your country can do for you; ask what you can do for yourself&#8221;. Then STFU and get busy!!@! (sorry, kinda angry here&#8230;)</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Karen De Coster</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6074</link>
		<dc:creator>Karen De Coster</dc:creator>
		<pubDate>Thu, 25 Mar 2010 02:34:09 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6074</guid>
		<description><![CDATA[Sheryl used the &quot;F&quot; word on my blog - good for her!]]></description>
		<content:encoded><![CDATA[<p>Sheryl used the &#8220;F&#8221; word on my blog &#8211; good for her!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Iluvatar</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6056</link>
		<dc:creator>Iluvatar</dc:creator>
		<pubDate>Wed, 24 Mar 2010 16:51:52 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6056</guid>
		<description><![CDATA[OFF TOPIC (but I think worth sharing). Here is a letter from the absolute ground zero of entitlements-ville. Hell, the Social Security Agency is one of the biggest employers (ack!)!

It is a cut &amp; paste(sorry):


www.baltimoresun.com/news/opinion/readersrespond/bal-healthletter0322e,0,6717299.story
baltimoresun.com
Democrats produce a new day to live in infamy
11:32 AM EST, March 22, 2010
It was 10:45 p.m. Sunday night when I went outside to take note of the surroundings. I was full of mixed emotions; boiling over with anger soon turned to overwhelming sadness and disbelief that I was will be living the remainder of my life in economic slavery.

I had thoughts of my parents in their late 60s not having enough of value to contribute in the coming years and being turned away for health care. My father, a Vietnam Veteran with two tours and 23 years of service, having his benefits slashed after he put his life on the line for our country. I thought about how sad I will be in the future, knowing that I will leave this earth with my children and their children in economic slavery.

Perhaps that is the most gut wrenching thought I had, but I had many.

Never mind that our freedom was stolen Sunday night. Our future as a free society will now be one of economic slavery driven by the most far left-wing president and Democrat-controlled Congress in our great country&#039;s history. No matter what people think about this take over of health care by our government, the fact remains that this will certainly and eventually bankrupt the country. Canada, France, Massachusetts and Tennessee all understand the unsustainability of this model. Anyone who believes that health care will improve and that savings will occur is not paying attention to the facts. Anyone that wants 17,000 new IRS agents sniffing around and digging into your bank accounts to enforce the new rules is probably already on the entitlement mentality and can&#039;t be saved. Taxes will go up from now on, both federally and locally. After all, the Democrats&#039; bill pushes the costs to the states which is how, besides the budgetary gimmickry, they got to the sham number just shy of $1 trillion.

President Obama has altered the fabric of freedom in this country in negative way. In 15 months, he has taken control of business and the auto industry, banking, and now health care and all student loans. (What the heck did that have to do with health care, anyway?) Is anyone scared here? I am. He and his Democratic cohorts trampled the Constitution en route to taking over one-sixth of the economy, and they are not even close to done yet.

With gas nearing $3, let&#039;s not forget President Obama wants it at $4 to $6 so he can control you behavior through the price of economic pain. Cap and tax is next, and the assault on freedom is not likely to go away under this administration anytime soon. Not to mention the value added tax that will be no doubt be forthcoming.

So, while the entitlement mentality of , &quot;How do I get my free (insert choice here)&quot; begins to infect our democratic republic, I shed tears for my America, her future, her lost freedoms, and the beginning of socialism that my children will inherit.

March 21, 2010 -- a day that will live in infamy, a day for mourning, a day that &quot;We the People&quot; were forever enslaved. Indeed, the saddest day in my life. And the day our country was negatively altered forever.

Carl H. Kendrick 
Copyright © 2010, The Baltimore Sun]]></description>
		<content:encoded><![CDATA[<p>OFF TOPIC (but I think worth sharing). Here is a letter from the absolute ground zero of entitlements-ville. Hell, the Social Security Agency is one of the biggest employers (ack!)!</p>
<p>It is a cut &amp; paste(sorry):</p>
<p><a href="http://www.baltimoresun.com/news/opinion/readersrespond/bal-healthletter0322e,0,6717299.story" rel="nofollow">http://www.baltimoresun.com/news/opinion/readersrespond/bal-healthletter0322e,0,6717299.story</a><br />
baltimoresun.com<br />
Democrats produce a new day to live in infamy<br />
11:32 AM EST, March 22, 2010<br />
It was 10:45 p.m. Sunday night when I went outside to take note of the surroundings. I was full of mixed emotions; boiling over with anger soon turned to overwhelming sadness and disbelief that I was will be living the remainder of my life in economic slavery.</p>
<p>I had thoughts of my parents in their late 60s not having enough of value to contribute in the coming years and being turned away for health care. My father, a Vietnam Veteran with two tours and 23 years of service, having his benefits slashed after he put his life on the line for our country. I thought about how sad I will be in the future, knowing that I will leave this earth with my children and their children in economic slavery.</p>
<p>Perhaps that is the most gut wrenching thought I had, but I had many.</p>
<p>Never mind that our freedom was stolen Sunday night. Our future as a free society will now be one of economic slavery driven by the most far left-wing president and Democrat-controlled Congress in our great country&#8217;s history. No matter what people think about this take over of health care by our government, the fact remains that this will certainly and eventually bankrupt the country. Canada, France, Massachusetts and Tennessee all understand the unsustainability of this model. Anyone who believes that health care will improve and that savings will occur is not paying attention to the facts. Anyone that wants 17,000 new IRS agents sniffing around and digging into your bank accounts to enforce the new rules is probably already on the entitlement mentality and can&#8217;t be saved. Taxes will go up from now on, both federally and locally. After all, the Democrats&#8217; bill pushes the costs to the states which is how, besides the budgetary gimmickry, they got to the sham number just shy of $1 trillion.</p>
<p>President Obama has altered the fabric of freedom in this country in negative way. In 15 months, he has taken control of business and the auto industry, banking, and now health care and all student loans. (What the heck did that have to do with health care, anyway?) Is anyone scared here? I am. He and his Democratic cohorts trampled the Constitution en route to taking over one-sixth of the economy, and they are not even close to done yet.</p>
<p>With gas nearing $3, let&#8217;s not forget President Obama wants it at $4 to $6 so he can control you behavior through the price of economic pain. Cap and tax is next, and the assault on freedom is not likely to go away under this administration anytime soon. Not to mention the value added tax that will be no doubt be forthcoming.</p>
<p>So, while the entitlement mentality of , &#8220;How do I get my free (insert choice here)&#8221; begins to infect our democratic republic, I shed tears for my America, her future, her lost freedoms, and the beginning of socialism that my children will inherit.</p>
<p>March 21, 2010 &#8212; a day that will live in infamy, a day for mourning, a day that &#8220;We the People&#8221; were forever enslaved. Indeed, the saddest day in my life. And the day our country was negatively altered forever.</p>
<p>Carl H. Kendrick<br />
Copyright © 2010, The Baltimore Sun</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Iluvatar</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6055</link>
		<dc:creator>Iluvatar</dc:creator>
		<pubDate>Wed, 24 Mar 2010 16:47:37 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6055</guid>
		<description><![CDATA[Sheryl -- I think kids today are poorly prepared for the world even before the Greatest Depression. They are in real deep trouble w/ the GD, totally unprepared for this long haul.

I heard a good definition of adulthood - the ability to delay gratification. In our (materialistic) society, I see a majority of grown-up children, not adults.]]></description>
		<content:encoded><![CDATA[<p>Sheryl &#8212; I think kids today are poorly prepared for the world even before the Greatest Depression. They are in real deep trouble w/ the GD, totally unprepared for this long haul.</p>
<p>I heard a good definition of adulthood &#8211; the ability to delay gratification. In our (materialistic) society, I see a majority of grown-up children, not adults.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Don Matesz</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6052</link>
		<dc:creator>Don Matesz</dc:creator>
		<pubDate>Wed, 24 Mar 2010 16:39:52 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6052</guid>
		<description><![CDATA[Astounding.  I recently had a discussion with a young man (probably less than half my age) about capitalism.  He sincerely believed that the Fed creates capital and &quot;promotes capitalism&quot; when it creates currency.  I tried to explain that it is at best phantom capital (phantom because not backed by real goods), that real capital consists of real goods accumulated by production and savings, without which you get economic &quot;bubbles.&quot;  He could not see my point.   He accused me of inventing a concept of real capitalism, whereas he thinks that practice of capitalism does not require that anyone save, because it is &quot;faster&quot; (his own words) to just create currency.]]></description>
		<content:encoded><![CDATA[<p>Astounding.  I recently had a discussion with a young man (probably less than half my age) about capitalism.  He sincerely believed that the Fed creates capital and &#8220;promotes capitalism&#8221; when it creates currency.  I tried to explain that it is at best phantom capital (phantom because not backed by real goods), that real capital consists of real goods accumulated by production and savings, without which you get economic &#8220;bubbles.&#8221;  He could not see my point.   He accused me of inventing a concept of real capitalism, whereas he thinks that practice of capitalism does not require that anyone save, because it is &#8220;faster&#8221; (his own words) to just create currency.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Michael</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6048</link>
		<dc:creator>Michael</dc:creator>
		<pubDate>Wed, 24 Mar 2010 13:47:31 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6048</guid>
		<description><![CDATA[Definitely looks like it belongs in a Wal-Mart shelf circa 1998.

Without Greenspan and Bernanke, this game would have never come to market!]]></description>
		<content:encoded><![CDATA[<p>Definitely looks like it belongs in a Wal-Mart shelf circa 1998.</p>
<p>Without Greenspan and Bernanke, this game would have never come to market!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Sheryl Blystone</title>
		<link>http://karendecoster.com/teaching-your-child-to-love-debt-and-the-feds-credit-bubble.html/comment-page-1#comment-6040</link>
		<dc:creator>Sheryl Blystone</dc:creator>
		<pubDate>Wed, 24 Mar 2010 11:16:33 +0000</pubDate>
		<guid isPermaLink="false">http://karendecoster.com/?p=8924#comment-6040</guid>
		<description><![CDATA[To think there was (is?) a market for that trash is astounding. Just goes to show the lack of responsiblity people want to feel. To be footloose and fancy free is the American dream. This is why kids are so fucked up today. With no formal parenting, no boundaries, and no feelings of self-worth kids today are running amok, searching for instant gratification from material goods. Most kids have no clue how to shop for a bargain or *wait* for a price reduction or save money to pay cash. Adults are even worse with their brand spanking new cars every two years.]]></description>
		<content:encoded><![CDATA[<p>To think there was (is?) a market for that trash is astounding. Just goes to show the lack of responsiblity people want to feel. To be footloose and fancy free is the American dream. This is why kids are so fucked up today. With no formal parenting, no boundaries, and no feelings of self-worth kids today are running amok, searching for instant gratification from material goods. Most kids have no clue how to shop for a bargain or *wait* for a price reduction or save money to pay cash. Adults are even worse with their brand spanking new cars every two years.</p>
]]></content:encoded>
	</item>
</channel>
</rss>
