Boy, have we come a long way down into the toilet. We surely must be, as the Bible tells us, in the "end times." Among the many items on the Bible's doom list is that society will see things backwards. Right will be seen as wrong, wrong will be seen as right. Used to be that if you took on a debt, like credit card debt, mortgage debt, etc., and you did what you said you would do, that is, pay it back, you were considered to be a good, reliable person. A person to be trusted and to be given better rates because you had integrity. If, however, you paid late, or not at all, you would be considered untrustworthy and you would not be given more credit. After all, you agreed to pay back your loan, isn't the lending agency entitled to have you live up to your promise? I think so. Well, times have changed. Now if you don't pay your debts you are given more credit, additional cards, lower rates, and extended deadlines. And if you pay on time, never incurring a late charge? Well, then you're considered a deadbeat by the credit card companies. Need proof? Watch the documentary entitled: Maxed Out.

Maxed Out is an excellent expose on the current conditions in the world of credit card, mortgages, and bankruptcy. It comments on how credit card companies target college students for easy credit because this group is the most naive and easily led. When a person gets overdrawn on a credit card, they just get another card from a different company. Charges pile up, they get a third card until the debt is so high that it can never be satisfied. In the extreme, some students have committed suicide, some try bankruptcy, others turn to crime. The bankruptcy situation became so widespread that President Bush changed the bankruptcy laws to make it much more difficult to declare.

Want more proof of the horrible condition and backward nature of our society? Today we're experiencing record number of foreclosures. This is the result of morons in office, a few years back, altering the lending industry so that the folks with bad credit or no credit could get mortgages at lower rates. Sounds like this is a good thing until you see that these borrowers are usually the folks who don't put a high priority on paying their bills. Thus, now they face foreclosures for not paying their mortgages. These people always were irresponsible and an even more irresponsible government is the reason that these people became empowered to, in effect, get themselves into trouble. Some folks have tried to get out of debt by selling their homes but this doesn't work all the time because they can't sell the house for enough to pay off the loan. For example, a person who owes a $100K mortgage may only be able to sell the house for $80K. They lose their home and they still have to pay $20K. And still we, as a society, continue to swim further down the toilet by heading in the same irresponsible direction and by electing people to office who only make these problems worse. For the last two decades this society has been recognized as the fattest (most obese) nation on earth. I think we've earned a second title: the stupidest nation on earth. See you at the Oscars.

So says Sam Post.