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To: Daisyjane69

Yes. My parents weren’t rich, my dad made good money but there were 5 kids to feed, so we didn’t have a lot of stuff.

It only took me a little while before I lived in a house like my parents, and when I had my kids after 10 years of earnings, we weren’t rich but we could buy anything we really wanted. That’s because we lived frugally, coupons, buying on sale, not taking expensive trips, shopping at thrift stores and yard sales, fixing things instead of buying new things.

But, my kids had anything they wanted. Expensive toys, video games, huge TV, cable, multiple computers. We drive brand-new cars (paid for, but the kids just know they aren’t clunkers).

We’ll send our kids to college, they’ll get out, and wonder why they can’t immediately buy season passes to theme parks and live in a 4-bedroom house in a nice neighborhood.

We are to blame, of course, but partly I think it’s just a cycle that’s hard to beat. If you really are rich, you pass that to your kids, and they really don’t need to ever worry about money, like the Kennedys.

But for most of us, it’s like our parents struggle, so we understand struggle, but because we live in a nation that makes it easy to succeed (or used to) our kids don’t struggle, they think it’s easy, and then they are set up to fail. Their kids will struggle, and maybe succeed, and then THEIR kids will start the cycle.

And the idle rich, mostly democrats, are trying to make sure that nobody else gets to be idle rich, by taxing inheritance, taxing businesses so it’s hard to maintain a family business, killing them with regulations.

They want everybody working for nameless corporations, so the people will hate their employers, and need government.


33 posted on 10/10/2009 5:35:55 AM PDT by CharlesWayneCT
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To: CharlesWayneCT

I’m no fan of Warren Buffett (sp) but I’m neither an enemy of his, either.

But I sure do understand (now) his notion of leaving NOTHING to his offspring.


35 posted on 10/10/2009 5:42:12 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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