Saturday, May 9, 2009

More on Credit Cards

After reading this msm media news article, it once again proves that our current President really doesn't have your best interests in his agenda.

I agree that credit card companies can be rather deceptive when it comes to some of their practices. For instance, did you know that you could pay late on your MasterCard and many of your other cards could also raise their rates? Of course not. It's buried in the fine print.

Many unsuspecting people are issued numerous credit cards which they have no intention of paying in full at the end of the month. However, most of these people should not have been issued credit cards at all. Soon they are caught in a trap that is almost impossible to extricate themselves from.

But listen up here, folks. The real root of this problem is this; We shouldn't be using credit cards at all. Then the fine print doesn't matter. We have, over the years, been scammed and led away from values that we should hold dear to our hearts. Number one is, "if you can't afford it, don't buy it." Number two could easily be, "recreational shopping is stupid and only stupid people engage in such mindless activity."

Here's a news flash that everyone needs to read but the msm won't report. You don't need the newest espresso machine, the biggest hot tub, or even that new set of 750 thread count bed sheets. Skip the fancy vacation just because you think you've "earned it" by working hard all year. The only thing any of us deserve is what we can afford to pay for.

In this particular article it says, "There is no time for delay," Obama said. "We need a durable and successful flow of credit in our economy, but we can't tolerate profits that depend upon misleading working families."

Working families have been misled for years. They have been made to believe that it's "necessary" for junior to have a $300.00 phone, and princess "deserves" a brand new car when she turns 16. We, as a nation, are overextended in our choice of houses, the cars we drive, the clothes we wear, and even the food we eat.

Debt is a burden that can separate you from living your life the way God intended you to live. Debt shackles you with the burden of worry and stress. And the debt also shackles you to all the things you have stuffed in your already over-stuffed life leaving no room for God. There is a reason monks live without "stuff."

So, you know what? Let our current President, who claims to have your best interests at heart, get his stupid bill passed. If you're in debt, take steps right now to unburden yourself. If you have credit cards - cut them up!!
Blogs of Note:

Stumbled upon the BlogProf today, and his post on our current President's budget is an eyeopener and well worth a read.

Talk about an over-achiever - from his profile....

*****"I'm an Associate Professor of Mechanical Engineering at Oakland University specializing in alternative energy (especially biofuels), thermal transport phenomena, two-phase flow and fluid and thermal energy systems. I am also a Christian, a husband, a father of six and a competitive natural bodybuilder."

Father of six? Good for him! I can't remember whether it was Dad29,**Robert Stacy McCain,** or* Rich Leonardi who answers the rather rude question, "Do you know where they're coming from?", with the rather cheeky answer, "Yea, and we're really good at it."

Cannonball Catholic Blog Awards


No registration - just hit the little radio button next to "Adrienne's Catholic Corner". Nominated in Best Spiritual Treat, Best Political, and Susan Boyle Awards.


Joe of St. Thérèse said...

Reason why at 23 I still haven't touched a credit card, it's not my own cash ;)

A Secular Franciscan said...

I have just one credit card - which I pay off each month.

I usede to have a copel of store crds, but got reid of those.

A mortgage, and sometimes a car loan (paid off at the moment, phew!) is enough debt for me.

The blogprof said...

Some people are not overachievers. They are just grownups who's childhood would now be considered extreme ADD with an obsessive/compulsive disorder to boot. One person's over-achievement is anothers psych disorder. I guess I've been lucky that the things I obsess over are good things and have produced good results lol...

Adrienne said...

blogprof ----- hmmmmm, sounds like me...