One of the reasons I am not a P.O. fan is his ability to screw with the prudent person at the expense of the deadbeats.
First the large banks had to be bailed out since they were ridiculously trading in bad mortgages. The good banks (in general the small local banks) have to pay with more restrictions on them since the bad guys can't work properly.
Next, the people who bought too much house way beyond their means (who could not afford even a 1/4 % increase in their ARM's) are bailed out by the prudent home owners who bought houses which they could afford even if they are not castles.
Now the credit card deadbeats who charge too much that they can not afford are being bailed out by the government. Since, credit card companies have to make money they will raise the fees for the prudent card holders who pay off their bills each month & who realize that eventually the credit card bill must be paid.
I always thought that being prudent paid off!
“He who is prudent and lies in wait for an enemy who is not, will be victorious.” Sun Tzu
“Nothing is more dangerous than a friend without discretion; even a prudent enemy is preferable.” Jean de La Fontaine
“The senses deceive from time to time, and it is prudent never to trust wholly those who have deceived us even once” Rene Descartes
prudent (adj) acting with or showing care and thought for the future
ORIGIN late Middle English : from Old French, or from Latin prudent-, contraction of provident- ‘foreseeing, attending to’ (see provident ).