I don’t think that was the goal, although it would be a good one. Obama’s goal was to artificially prop up the economy like he tried to do with housing. It would be great if someone in power took that goal seriously though.

So because there was a war once the government should keep pissing away money on entitlement programs for eternity?

I guess the government shouldn’t have paid people to buy cars.

Oh god. We get it. He should not have been arrested.

Since when was there a war on guns?

I don’t know this author (although I suspect he works in auto finance), but these articles drive me crazy. Dave Ramsey’s whole point is that people spend WAY too much on cars. They are a big waste of money, money most people can’t afford to piss away.

Most people would be much better off paying off the debt and then investing. People tend to assume that they will always have debt. That doesn’t have to be the case. Debt equals risk.

I like Creed. To bad he went crazy.

This article makes my head hurt. Leasing are car is not “a great way to get a new car”. Financially it’s not very smart at all. People need to stop buying cars they can’t afford.

Communism works in theory also. Reality is a different story. How many people do you know specifically invest the money that they owe in taxes? If you under pay too much you will owe a penalty, which will wipe out any gains. The very small amount of money you are talking about is not worth it.

Ha. Sorry for the sarcasm. I just find it crazy how many people think debt is a good thing.

I’m sure you have a car you can’t afford, and credit cards you can’t pay off. It must be the right thing to do.

I’m speaking generally. I would even say that MOST people who think they are smart about using debt are wrong.

That article is terrible. It’s a land attempt to justify liberal spending. I’m sure I could find a thousand articles about how government debt is killing us. Ask Greece about debt and spending.

You have spent way more on crap you don’t need because you have a credit card and earn points. It’s a fact. I’ll take my financial advise from people who have a lot of money.

I disagree with just about everything you said. First, companies that have no debt are much more stable than over leveraged companies. I don’t think Apple will be going out of business any time soon. I don’t think it really relates to the personal finance conversation though. And governments? Really?? It is bad, not…

Most people who consider debt a tool are poor.

I’m sure you will deny it, but I guarantee you piss away way more money than you would if you paid as you go.

Owing the government is not a good thing and will not help you financially in the long run.

When financial experts talk about giving the government an interest free loan, they are talking about $5K or $10K refunds, not $600. You should get a small refund so you don’t end up owing.