Lambs to the slaughter

Does anyone out there know what their credit is costing them?
Debt is dumb. Debt is ruining the US.
Only a few decades ago, no-one really had a lot of debt. Maybe their house.
Anyone know the etymology of the word "mortgage" "Mort": to die, "gage": a pledge. The basic idea? A mortgage is a debt you will not pay before you die. The 30 year loan is based on an amount of time that in the beginning most men would not live to pay off.
We are now a nation of debt. Your credit score is more important than your bank balance, or your driving record for that matter. Our Government is probably the worst example of all. If I kept my books the way the Gov't does, I'd probably be in jail
Credit cards, Bank charges; one source I found says 150 billion dollars in credit
charges. This is an evil, whacked out way for banks to take your money.
Why would anyone borrow money they can't afford to borrow or pay back. Perhaps they don't intent to pay it back. I had a buddy once who kept his calender on a seven year cycle. He could declare bankruptcy every seven years! Just nuts.
The borrower is the slave to the lender. I had to leave an industry which preyed on borrowers. I could no longer live that way or make money that way. Why is the foreclosure rate rising so quickly? ARMs, sub-prime loans. Loaning money to folks who couldn't afford a loan let alone a house. Period. Greed. On both ends. Not to mention pressure on regulatory bodies from bleeding heart groups on behalf of poor folks who couldn't have a house of their own.
There are two states of mind. The Rich state of mind asks: How much? The Poor asks : How much down, how much a month? Enjoy your money, but don't spent what you don't have.

A few ideas about money:
Don't borrow. Don't cosign. Give or give not, but don't loan. Usury is evil.
BROKE is a temporary state, POOR is a state of mind.
Is the lottery just a tax on the poor? Not too sure about that.
Lease the car? NO! What a ripoff
Buy a used car

I was listening to a fellow named Dave Ramsey. http://www.daveramsey.com/
I decided to pass a few things along.