"The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." --Thomas Jefferson

Monday, October 20

The American "Entitlement" Dream


So how would you define the American dream? For the last ten years, being a "homeowner" has been labeled as the epitome of the American dream. I might be wrong about his but since when did home ownership become a right of every individual in America regardless of their income and part of banking and monetary policies to be regulated by the government?


The way I understand the American dream is one's opportunity to rise to a level of personal success that the world would not have expected of nor given to you. If you look at the great "American Dream" stories, you find individuals that came to America and worked their fingers to the bone building a business, organization or just plain hard work every day of their lives to provide their children with that which they did not have. America doesn't care who you are, where you're from or how many times you've failed. Everyone has a chance to become whatever they want to be-by their own merits. THAT is what makes America great.


Again, I don't understand why owning a home is synonymous with being successful or taking part in the American Dream. And my government doesn't have any right to regulate the banking policies that require banks to lend to people with insufficient income to repay those loans. Some of the happiest, most successful families I know rent their home and live the American Dream more than the doctor on the hill with a million dollar mortgage.

4 comments:

SAKS said...

I know you don't know me, but I always want to read your blog, because it seems interesting, but I can't read it with the black background/white words. Lol. I know. Who do I think I am? But I'm really just trying to... I don't know what I'm trying to do. I'm sorry. I'll never tell someone to change their background again. Keep up the good writing.

Kirk said...

Please let me know if this background works better. You've inspired me to mix things up a bit. I am glad you like the blog. How did you find it?

SAKS said...

That is way easier to read! I'm so excited to read the posts I missed due to eyestrain. :) I really have no idea how I found your blog. It was probably from clicking on someone else's blogroll. That's usually how I find blogs...

J.Comics said...

I like this blog entry, it reminds me of pursuit of hapiness, down with major government oversight and control (and bailing out companies only to find out that they went on holiday with their money that they just recieved). This is no dictatorship!