Living in a House of Cards....

Debt - the worst 4 letter word out there in my opinion!

I have always known about borrowing money, paying interest and making those monthly payments. I bought a house, I've had car loans, credit card loans etc, but I guess I never really took the time to figure out just how much I was actually paying for something!

When I read that borrowing $200,000 for a mortgage, at 6% interest, for 30 years (which is typical) that I was actually going to pay back the bank $431,677 dollars! I couldn't believe it! I did the math - and it's right - Holy cow, more than double the amount I borrowed!!

Car loans are just as bad, and credit cards are worse! People paying only the minimum on their credit cards should look at how much is actually being deducted off their balance (the principal balance).

I'm so disgusted by all of this - and then the gov't bails out the banks. ???? Something is wrong with this picture!

The country is going bankrupt, the people are going bankrupt, our politicians are being bought off by corporate money - what happened to the American Dream?

Our retirement fund aren't funded, government workers are working for empty promises, corporations are going under and leaving the masses with no retirement plan - something is going to break - we are living in a house of cards folks.

Let's hope the Big Bad Wolf has had his fill of little piggies (oh wait, did he actually get them? I don't think so...) so... looks like we are on the menu for dinner soon!