What if it happened the opposite way… everyone laughs but him? Was it a joke?
But seriously (sort of), the Joke Teller should know his audience… if they don’t laugh, he probably needs to dumb it down. Or, if the audience is made up of people younger than 30, then they probably need a sign with an international symbol for “you should laugh now”.
If you didn’t get that last one, I’m not going to ‘splain it.
Aside from “Hey, Get Offa My Lawn!“ and “What are you, nuts?“, I’d say the only person in the room getting PAID is the one telling the joke (usually), so HE needs to earn his his keep, not the audience.
“The audience it to blame” comes from the same group that says there should be no losers in school competitions and that people who take out ARMs shouldn’t get stuck with higher rates just because the market drives them up. To these people, everything that we work hard for should be an entitlement. They just tend to get everything backward for some reason.
people who take out ARMs shouldn’t get stuck with higher rates just because the market drives them up.
What is this fallacy about ARM’s going up? I have an ARM and it just went down. Why are people using this excuse? The problem is that people bought a house that was too big, with NO money down and then the values dropped. They end up owing more than the house is worth and they walk away sticking the bank with the house. Yes, the banks were dumb to lend, but it’s the buyer that is at fault. Certainly it has nothing to do with interest rates!
Yes, the banks were dumb to lend, but it’s the buyer that is at fault.
Exactly.
“Free Markets” also means “free to make stupid mistakes”. I learn through my mistakes, and live with them. I don’t try to pin them on someone else. I could sue my parents for not teaching me better, but then we’d just have every generation suing the last one. And still we’d never learn.
But then, borrowing from the next generation and suing the last one might help everything balance out?
