There has been a lot of talk lately about how the credit crisis came to be. We are very quick to point fingers and lay blame on everyone from the President to China, to Visa/Mastercard and American Express. here is my take-
You are 18, you have had a part time job in high school, made a little money, you are responsible, intelligent and on your way to college. Once in college you are immediately hit with all these offers to help you- you resist because you know that there is no such thing as money for nothing. But one day, as walking across campus you get a offer for a free t-shirt. You hate laundry. You fill out the form and two weeks later you find out that you have been approved for a $1000 spending limit on your very own credit card. The immediate thoughts of what you can do with $1000 come rushing to your head, but you say no, this is a trap... I will keep it "just in case" something happens. By January you are cold, bored and still have not gotten laid. Your buddies are putting together a ski trip, and two of the girls going are total sluts. You need this, and you have a credit card. You do the math, you have zero extra dollars, but you can work of $400 in the summer, no problem. You are in. Before you know it, you are balling the everliving shit out of one of the girls in the bathroom of the lodge, you are a god. Fucking has changed your life. You are buying button fly jeans because she things that it is sexy to make your cock harder to get to, you have more CDs that she likes than you do. And then one day... the card stops working. You lost track of funds, how did this happen? what will you do? The very next day a letter arrives, crisis averted, your limit has been raised. This is a sure sign from God that you should seek and destroy as much vagina as possible. Game on. Two months later summer arrives, and you go home to, as planned, work diligently to pay your bills so that you will have access to the resources needed to make your sophomore year a complete fucking success. But two things happen, one- that really cute chick who was a year behind you in high school has detected your god status and is practically begging you to come to senior week at Myrtle Beach with her and her girlfriends -and- two, MasterCard found your home address. The offer of a new card arrived in the mail yesterday, $2500 spending limit, $1000 cash advance. That will buy a lot of Aristocrat Vodka. You are in. After a week of unlimited funds and a fake ID in the mecca of teenage irresponsibility you have elevated from a god to The God. Your friends now call you Baller. Then the phone rings. Your Visa car is $300 over limit, your minimum payment is $367. You have no cash. But there is a solution, you pay Visa with MasterCard. Party on Wayne. Back home the summer is going exactly as planned. You have a awesome job working at Groc-n-Go, best part is, the boss lets you buy as much beer as you want. You are roughly $5000 in debt, 2 months to pay it off at $7.15 an hour and the Ski lodge girl, she is addicted to your cock and you have roughly 150 pics on your phone to prove it. Things could not be better. You have almost made enough money to make the minimum payments on both cards when your phone bill arrives. $873.97. How the fuck did that happen? You have hit rock bottom, you go to your parents and tell them how the phone company ripped you off and beg for help. Your pays the bill on your promise to pay her back. The euphoria of completely paying a bill is short lived, your balances are going through the roof and you aren't even touching the cards. Interest, late fees, these guys are robbing you blind, evil corporations! But, as it always does, a solution presents itself... you have found a little known lope hole- as it turns out, student loans don't pay the school directly... you can get a check. You can get a check, pay mom back, pay off BOTH cards... AND buy a car! Imagine how much ass you can pull with a new car, nothing to fancy... maybe a Jeep. The girl with the amazing tits in your cell phone thinks this is the best idea ever, you are researching a vanity plate that reads "BALLER". It is time to go back to school. You have it all, a Jeep, a slut, and 2 credit cards, both with ZERO balances... You are in fact, the God.
Moral of the story, as long as men control money and there is alcohol and pussy in the world, everyone is getting fucked.
How we got where we are today? (interesting economic view)
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+50 since you guys are the only ones that can read on this site.
Originally Posted by Alan®
= :idb: 
