Cafe patron Dave Bieler sends this link to a U.S. government site bearing the headline “Financial Literacy: The Federal Government’s Role in Empowering Americans to Make Sound Financial Choices”
In his e-mail, Dave comments “It’s nice to know that the most financially irresponsible people in the country are so concerned about our financial literacy….”
A lifetime spent spending other people’s money does not instill any knowledge of financial responsibility.
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And next up, the Willie Nelson drug education program.
I hear Charlie Sheen is getting in on it.
Rule 1: Borrower is slave to the lender.
Would this be the “spend or will do it for you, punk.” lesson?
Here’s the extent of government’s financial literacy:
1. Get a gun.
2. Point gun at neighbor.
3. Tell neighbor to give you money.
Are we to follow by example?
1 should be steal gun from neighbor
Will be included in the errata to The Government Financial Literacy Handbook. Thanks.
Given enough government involvement, history teaches this is exactly what we’ll do.
I’d also like to know whether the number of unintended pregnancies and children being raised by single mothers has been reduced by “fatherhood.gov”.
Thank goodness! How timely! I have been thinking about buying a new TV and was wondering whether I should go with the 57″ or the 65″. Thanks, government!
I’m thinking Cass Sunstein.
“A lifetime spent spending other people’s money does not instill any knowledge of financial responsibility.”
Sure it does. If all taxpayers were financially irresponsible, there’d be nothing for our governments to steal. Thus, some people in government have been assigned the task of promoting personal financial responsibility to maintain governmental financial irresponsibility.
do with the run-up in prices after 2003 or s0. And yes, there were a lot of dumb, myopic lenders, borrowers and bond-fund managers. But why did they start getting dumb in 1997.