Friday, August 29, 2008

Infuriating freedom

My brother just filed bankruptcy and I have a major issue with that.  That boy is pushing 30 and together with his wife makes about 100g.  That income went down after a market-induced layoff, so for three months they weren't making AS MUCH.  But seriously, they buy whatever they want whenever they want.  I'm talking brand new house with all the upgrades (via some help from dad- I swear dad got molested out of his thousands), motorcycleS, a boat, a big screen COMPUTER and TV, all the latest gadgets, fancy new furniture, blahblahblah.... .  So he can't recover from a 3 month pay cut?  He can't pay for anything anymore.   WHATEVER!  Its a quick fix.  Its the easy and incredibly dishonest way out.  He'll get to keep most of his stuff, maybe all.  The creditors have to go out of their way to get things back and they usually don't.  He'll for sure get to keep the smaller luxuries bought on his credit card.  And if he keeps paying on the big stuff, he could be assured to keep those as well.  Slap on the wrist.  And a slap in the face for all of us hard working, penny-pinching, debt paying, honest folk.

No comments: