Bad investments?

[ironglow]

  Ted has bought that huge, fancy house in an affluent community.  He didn't honestly take into account, needed repairs, upkeep, taxes and other expenses.  Now he is having problems meeting payments..

  Maureen a dental assistant, admired he boss's Lamborghini so much, that she went out an bought one.  She had no grasp upon the cost of regular servicing, it's lack of all weather capabilities and other attendant problems.
  ...Looks like it may have to go back to the bank..along with any losses incurred.

   Bill loves the casino, but his 'luck' has not been very good lately..  Now he is about $250,000 in debt, with little to show for it.

    Question:  Should taxpayers cover the cost of these folk's bad decisions?

  If you think we should pay their bills.... then perhaps we should also cover the bills run up by some present and former college students.

 

[Goldie]

Well it doesn't sound like anyone I know around me so you must be talking about New York people. If you call it bad investments? Who knows, sounds like living above your means.

[GTS225]

Sounds like Ted, Maureen, and Bill are all bad investments, so no, the taxpayer shouldn't have to give them dime one.

Roger

[ironglow]

Sounds like Ted, Maureen, and Bill are all bad investments, so no, the taxpayer shouldn't have to give them dime one.

Roger

 Nor the bad investments of the students..