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Friday, November 14, 2008

Debt and Bombs

Here's some laughter for your Saturday, courtesy of Fred Reed, America's expatriate curmudgeon.
Debt is easy to avoid. Herewith some blinding wisdom: If you can’t pay for it, don’t buy it. You saw it here first...

Or how about this? Don’t buy more house than you can live in. Move over, Keynes, Ricardo, here I come.

Who made the bad loans? Permit me another searing insight. If you lend money to people who can’t pay it back, they won’t. I know, I know, a difficult concept. Not something a Wall Street banker would know.
He also comes up with a new name for the TSA that I hadn't heard before, (unprintable here).

Go read it all at Fred on Everything. and enjoy a good Saturday laugh.

Happy Saturday!

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