Posted on 05/17/2019 6:21:35 PM PDT by SamAdams76
They want to take the easy way out, or at least they perceive it to be the easy way out.
Leverage.
It is great on the way up.
It will destroy you on the way down.
Perhaps so the loan shark they borrowed from won't kill them more slowly and painfully.
Men often define themselves by their ability to support their family
Take that away...
I’m immune...I just have debts from my parents and no life savings.
“They want to take the easy way out, or at least they perceive it to be the easy way out.”
Are they democrats?
I’m reading Pat Buchanan’s book on Hitler, Churchill and how we got involved in an unnecessary war. Young men losing their lives are more important than somebody who loses their life savings.
People killing themselves after losing their life savings? Here’s a story that sorta fits with this.
According to our former financial adviser, baby boomers blow through their IRA’s in just a few years and are back to work again at 70 or so because social security is not enough.
I’ve only personally witnessed this with one person. He went through his IRA because he deserved the things he bought. Then put his home into full mortgage so he could continue the happy lifestyle he deserved. Now he’s selling off toys, like his boat he loved so much to take out fishing.
Now he’s depressed, taking pills and seeing a therapist. I do not want to see this happen, but he might off himself.
Our retirement income is much less than his, but we do not outspend our income and are quite happy.
My point is, many people create their own problems. There’s always a life saving solution out there too.
A bit of-topic (can a chat thread have anything off-topic?), but in addition to the sunny climate, you should probably credit discovery earlier in the 19th century about how to get ice from places like New England and Canada down to places like Florida without inordinate meltage, so that the oranges could be shipped up north without spoiling.
The embarrassment, the magnitude, the amount they also owe others, their age and likelihood of settling everythingthese and more are all reasons one could feel there was no future but severe anguish.
Just bought a used copy on amazon, 5.99 and free shipping. Sounds interesting.
I am happy that I’ve reached the point in my life where I’m no longer a slave to “stuff”.
As long as I have a roof over my head and the ability to travel, it’s really all I need.
Sir, your parents debtI take it you are helping them pay it off, correct?
You are a fine son.
They did not kill themselves.
They just worked themselves to death trying to pay everyone back.
“No! They had to dress the same as if they were still up in New York City. Heavy woolen suits for the men (with banana boat straw hats) and layer after layer of petticoats and frilly dresses for the women.”
Where the heck did he get this?
Is there any way to get the LeftistCommunists to go all lemming?
What I meant was: Is there any way to get the LeftistCommunists to all go lemming?
Exactly. They were more than likely trying to make their fortunes off of borrowed money.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.