Posted on 09/28/2008 5:39:45 AM PDT by robertvance
Yes, in the past many Americans were thrifty. But the social Marxists set out to corrupt and destroy the foundations of our culture. Maybe even more significant than the black racism at Obama’s “church” was the explicit attack on “middle-classness.” People were not to practice “bourgeois” virtues like saving, but to get their “community organizer” to extort wealth from other people.
Unfortunately it’s not just liberals. Just the other day a FReeper told me that I legitimately share the risk when my neighbor wildly overextends himself.
What do you mean, Chinese are shaking their heads...? There are a LOT of AMERICANS shaking their heads over this one!
So ... have you spent years in China?
...big cardboard boxes and walls made of rice-paper don't cost that much.
Here, let me finish that thought for you...
;-/
Is there some problem here?
Not if you don’t mind eating Fido or Fluffy.
The Chinese shaking their heads is what’s causing all our hurricanes so they need to stop!
They should mind their own business and have a glass of milk.
You guys can continue to deride China as she owns us more and more each day (both our tax base and production capacity) and has disciplined, educated citizens while they are laughing at you not with you.
btt
A good principle to live by and I wish more Americans would think that way. I work in a white-collar industry - we're definitely well-off and I am amazed at the number of my peers who are always talking about debt. It amazes me; these are people who should know better. They're people that wouldn't have to worry about a thing if they only spent within their limits. Base materialism and consumerism trumps common sense.
If anything good can come of tough financial times, I think it will be a move towards frugality.
“Many Chinese people are able to pay for their houses with cash because in my observation, they are some of the best ‘penny pinchers’ in the world.”
My guess is that the average Chinese house doesn’t cost that much, and isn’t worth that much, either. The term “Chinese wall” did not materialize out of thin air.
Oh, Good God. “Beware the Super Race”.
The Chinese didn’t invent the idea of living within your means. Some Americans just seem to have forgotten it.
I missed that one.
It’s very easy to lash out at China. China is still a developing country, so, yes, they have tainted milk and other problems. It’s a little more difficult to look in the mirror. Our wealth has made us lazy and fat. Before World War II, many people in the US did not even have refrigerators. We are absolutely awash with stuff now, and it doesn’t make us happy. We need to learn some lessons from this, not lash out at the Chinese. They did not create our crisis.
Like the U.S., the next gen of Chinese will see the same thing happen.
But, we musn't talk about that, It coud be bad for business.
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