Since the crash in 2008 I (and I can safely assume most of you) have read economic treatises, books, and theories ad nauseum. After it's all said and done, there are only a few simple truths I can hold onto from personal experience.

1) You get in trouble by bailing loser friends out. It never ends. They keep coming to you. You're better off picking your friends carefully. Get hard-hearted and learn to ignore the pain of the others. They made choices to get where they are.

2) 0% is not a decent markup on anything. I never got so lucky. Money given away for anything less than about 4% is dirty.

3) I can write a helluva lot of blank checks today, but without the money in the bank, the sh## will start hitting the fan tomorrow.

4) I have to make sacrifices now to gain a better future. Sure, I could buy an all new household with the money I invest. Start living day-to-day. But my financial and household security would be threatened.

The U.S. had been bailing out loser friends, giving out dirty money, writing blank checks, and living day-to-day for a decade now. The U.S. government caused the problem, and is now trying to solve it by doing more of the same.

The rest is all just words.