Learning to live without…

This is a little warning for others out there to never get attached to things that are not really your own! Remember I posted a while back about addictions and the first one I listed was my Blackberry? Yeah, well I’m faced with the possibility of not having a Blackberry any longer… (Reasons why will be announced shortly so stay tuned!) Along the same lines, we have not had our personal computer at home for a couple of weeks while my fabulous brother rebuilds and reformats the hard drive. What an insane time it has been having to explain to the hubby why he can’t use my work laptop to surf for his Internet fix each day like the junkie he is while I found a way to continue blogging using the work PC. (What a double-standard I know but remember I don’t share well!) Of course, I am a cheapskate at heart and instead of purchasing a much-needed new computer we are making the several-years-past-the-expiration-date-of-technology PC we have do for a bit longer. We’ve decided that we need to curb our consumer habits in light of the recent downturn and turmoil in the economy. We need to stop throwing our extra money every month to our out-of-control sushi habit and start putting money away for the inevitable rainy day that is sure to come. I’m certain that this new behaviour will teach me to live without a lot of things as painful as the prospect seems going in!

Here’s something I hope we don’t have to, as a society, learn to live without – financial freedom. I watch what is happening in the financial markets and unless you’re living under a rock you can’t help but wonder what is next and how will we as a society recover? Years ago our fearless leaders in Washington convinced Congress that the American Dream was to own a home and that we should be able to give that to every American citizen (whether they could afford it or not!). And how did we go about making this happen? We deregulated the banking and finance industry and allowed lenders to become greedy and lend to people who really couldn’t afford to purchase a home. Now, the housing market has collapsed and all those people who were banking on being able to refinance their insane adjustable rate mortgages before the monthly payments were so high they couldn’t afford to pay them each month are left with no options and property that doesn’t even appraise for what they owe on it. Result = record numbers of foreclosures and now the banks don’t have the money coming in and can’t recoup. What’s next, no credit for car loans available? Hmmm, with Wachovia being seized this morning by the FDIC and sold off to Chase that could be right around the corner. And what is the only probable way out of this mess? More government control and more loss of “freedom” in what is supposed to be the land of the free. I wonder what else we as a society will be asked to live without. First civil liberties, now financial liberties… what else is there to give?

About terraluft

Writer; wife, mother, survivor, and impulsive bitch rarely capable of saying no. Fueled by coffee, yoga and sarcasm. (She/Her) View all posts by terraluft

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