I’m really getting frustrated with some of the discussion & talk about the financial situation our country is in and who is to blame and what we’re doing to solve it. As I stated in an earlier post….I agree with Dave Ramsey that we can easily get out of this mess by making a few basic adjustments and give the people an option to get out. Now today….the most powerful person in the world (arguably) Oprah Winfrey brought Ali from CNN on her show to try and explaining what happened. Now, I’m sure he’s right with his facts…but what we’re all missing here is who is ideally responsible for getting us here. We each need to take personal responsibility for the decisions and choices we make. Here is what Ali said….Annie wanted to buy a house….she borrowed from the bank….they sold her loan to a bigger bank…..and they sold it to a bigger entity. Typically this is OK….but when values of homes go down, people loose their jobs and the stock market crashes all at the same time….we have a problem. Now poor Annie can’t pay for the expensive house that she probably shouldn’t have bought in the first place and her home gets foreclosed on. Now the bank owns the home and their not in the business of taking care of empty homes. Now, some are blaming the banks and they do hold responsibility for making loans when they shouldn’t have. But it all comes down to personal responsibility. WE can all qualify for more credit then we should….we need to have the self discipline to only take credit for and buy only what we can afford. The “American Dream” is coming back to bite many people these days. I think more than the banks, wall street, and politicians…..Annie is to blame. Annie shouldn’t be using so much credit. She should do her best to live within her means. I personally spent over half of my adult life with consumer debt. Not until Brenda & I decided to take personal responsibility for our spending and get control of it were we able to get out of debt. The solution for our countries financial situation is for all of us to stop using credit to live and live within our own personal means. Now, in full disclosure…I do have a mortgage on my home. I don’t mean that we can’t buy a house until we pay cash…I mean our own consumer debt. Putting things on credit when we really should be waiting to buy it.