Five Ft. Three

“A society that puts equality before freedom will get neither. A society that puts freedom before equality will get a high degree of both.” ― Milton Friedman

Ignorance is no excuse

on October 1, 2008

I recall from my business law class that ignorance of the law is no excuse. If you don’t believe me, ask any IRS agent, they’ll tell you the same.

Similarly, ignorance about finance is also no excuse. If people take out variable rate loans and don’t “get it” that if interest rates go up, their rate can and will go up, then why is it my job to help them out?

The whole entitlement mentality is all some people understand. Well, it’s about time they learn reality.

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