I think Sarah Palin's great, but....from a financial perspective I think she's whiffing (like a LOT of others) more than connecting:
Whiff. Investments always carry risk, what's the point otherwise. And why should someone else shore up your risky investment.
Hit. Hey, some personal responsibility!
Whiff. And there goes the personal responsibility. Wave bye, bye.
Whiff. Can you say "lenders"? Wall Street's different. In fact Wall Street is selling to us, so we're making bad financial decisions and then we're clamoring for the opportunity to invest in those decisions.
Whiff. Not where I come from.
Hit. So simple both our parents & us thought it was beneath us.
Hit. That personal responsibility works magic.
theMK
I'm concerned about the moms and pops, the small businesses and the
families who have trusted that their investments would be secured, and
we've got to take some action now and shore this up. (Italics added)
Whiff. Investments always carry risk, what's the point otherwise. And why should someone else shore up your risky investment.
And then Americans, too, have got to start taking some more personal
responsibility so we never find ourselves back in this situation again.
Hit. Hey, some personal responsibility!
And I say this not to condemn the decisions that a lot of Americans have made, because I think...
Whiff. And there goes the personal responsibility. Wave bye, bye.
...a lot of Americans have been taken advantage of by those on Wall Street
who have tried to entice credits to be extended and tried to entice us
into a system that ultimately punishes us and makes us become more and
more at risk with our investments.
Whiff. Can you say "lenders"? Wall Street's different. In fact Wall Street is selling to us, so we're making bad financial decisions and then we're clamoring for the opportunity to invest in those decisions.
And Americans, as individuals, we have to start changing our habits also and not incur debt.
Whiff. Not where I come from.
It'll be simple lessons that, shoot, our (grand)parents probably taught us years ago.
Hit. So simple both our parents & us thought it was beneath us.
Don't take out that extra credit card. Don't buy a $300,000 house if
you can only afford a $100,000 house. Simple things like that, that
Americans as individuals have got to play a part in also, to start
helping to recover our economy.
Hit. That personal responsibility works magic.
theMK
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