Holy crap

[chuckro]

It takes a lot to live up to the title, "The Worst Idea Ever." This does.

http://www.fool.com/personal-finance/credit/2008/02/07/the-worst-idea-ever.aspx

First presidental candidate to denouce this idea and announce that making it illegal is on their agenda gets $10 of my money. Even if it's Huckabee. I'm serious.

Comments

[bigscary.livejournal.com]

Wouldn't there be rather hilarious tax penalties due to this?

[deltagrl.livejournal.com]

Oh GOD! That's awful!!!!!!!! Stupid, stupid people. I hate to see what our old age generation will be like. I'm picturing gangs of 80-year-olds looting stores in rocket-powered wheelchairs because they have no money. Because they spent it all!!!!!!!

[jethrien.livejournal.com]

How else are we going to buy our rocket-powered wheelchairs?

Honestly, you don't plan for the future at all.

[feiran.livejournal.com]

As though people needed any more encouragement. *sigh*

[ivy03.livejournal.com]

Wow. Yeah. They need to not have that. Cause as much as I'd like to have faith in people, I have to remember my coworker who only ever paid the minimum on her credit card because someday she'd make more money and it wouldn't be a big deal to pay off her credit card debt then.

[kittyarrr.livejournal.com]

This is awesome. Quite literally: I'm filled with awe. This is potentially the most evil thing ever done in the history of capitalism, and that's a hell of a metric.

[jethrien.livejournal.com]

I'm sure that there are worse ideas. And more evil things done in the name of capitalism.

It's just that my mind is so boggled I'm not thinking of them right now.

[cubby-t-bear.livejournal.com]

Ooh. Ooh. I've thought of something that might be more evil: how about debit cards that work against your grandchildren's educational IRA accounts?