Ok, so get ready for another rant and rave session. I have a feeling these will be numerous on this site. I can't help but think about all the incredibly ridiculous random acts of retardation that happens every day in this world. Lets start simple...
So a few weeks ago
CTC and I are looking for a parking spot at the grocery store and as we turn into an aisle two kids (prob mid to late teens) are walking down the center right towards us. Now I know there is this "law" about yielding to pedestrians, but there is absolutely no sensible reason for anyone to be walking DIRECTLY down the center of an aisle that is designed by some half way
intelligent person for the use of vehicles! As we approach the boys they act like it's their right to stay exactly where they are I should be the one pulling out of their way so I do not
interrupt their mindless stroll. Thinking back 10-15 years ago I can imagine if I was walking in the same place as these mindless '
yutes', my mother would have grabbed my arm and yanked me, probably forcefully enough for my feet to leave the ground, out of the way and sternly talked some sense into me.
Ok, the sadder part of this simple example. The other day I find myself behind two women, probably in their mid 40's, doing the exact same thing. I so wanted to pull right up to them, roll down my window (
ok, push the button for the window to lower), lay on the horn to get their attention, and continue to scream at them like a mental institution patient does when his green beans touches his mash
potatoes and gravy.
So that is my simple example. Lets look at something more serious that plagues out country. Since we are in a slight economic situation here in the US I'll shift my focus on that topic. Individuals managing their finances: Here we go, I live in a very modest neighborhood with the average home hovering around the 100k mark. For central IL that would be below average (average being around 140K). In my
neighborhood I have noticed a few households that
regularly have very nice vehicles parked in the drive. When I mention
regularly, I mean they own the vehicle but for some odd reason they don't park them in their broken door one-stall attached garage. Now the crazy part is when I mean nice I mean NICE. One of them is a Porsche
Cayenne Turbo rolling on some off the hook 24's ("
deuce 4's" for those speaking the lingo) which also means that the cost of their vehicle far exceeds 1/2 the value of the house. If they bought that Porsche new then it did exceed the value of their house! Am I missing something.
Shifting over to buying homes. When I started looking at homes my target monthly payment was 20-25% of my gross income. That would allow me to put extra money down on the house when I desired, pay extra on my truck payment, and still give me some comfort for taking my girl out for a nice dinner at say Red Lobster (if I had a huge lower lip I would've gotten the role of B
ubba in Forest
Gump because of my love for shrimp). I was absolutely blown away when my loan officer mentioned there are some people (obviously falling short of making any viable financial decision on their own) that are in the 60% range! Wait, did I type that correctly?
Ok, yes I did...60% of their month gross goes to their house payment. Typically taxes are in the range of 20-40% depending on your salary, so how do they pay for food, clothes, utilities, up keep...etc? Don't get me started on first time home buyers! Too late, I'm there. I know of multiple people that are first time home buyers that are purchasing homes over 200K. Do these people not have parents that have an influence in their lives? I think there should be a law that disables first time home buyers to purchase a house over 100k, unless they make double that each year. Can I get an Amen? Where's my neighbor when I need him (inside joke)?
So who is to blame? Apparently the banks/loan officers aren't because the government wants to bail them out which basically is like handing a 'I'm allowed to be a
dumb ass and make a solid living out of doing it" card. Screw that, any bank that has made horrible financial decisions should go under and we should be able to roast
marsh mellows on the fire then pee on it the next morning to put out the still glowing coals. They messed up, they should take the fall, nobody should rescue them. If there are smart people working at that bank and they have the initiative in life to do something for themselves they will start up their own bank and do things right, for a change.
Ok, enough of my ranting....for now : )