Taking Money From The Children

It is a bad idea to use taxpayers’ money to pay for the bad debts which American financial institutions have incurred from lending money to people with bad credit history to purchase homes beyond their means.

This money is meant for the future generation. It’s akin to taking money from the next generation to pay for the mistakes made by the current generation.

It’s like a terminally-ill poor man who chalks up hundreds of thousands of dollars in hospitalisation bills and dies eventually. All these debts are left by him for his children to pay off. It’s bad enough a man has no inheritance to pass on to his children. It’s just overwhelmingly sucky for a man to pass burdensome and crippling debts down to his children to shoulder and pay off.

This is what’s good about the advanced medical directive. If one knows he’s terminally ill and chances of him recovering from treatment are doubtful and remote, he should choose not to be kept alive as a vegetable and be a burden to his children before and after his death. Especially if he and his children are not rich.

If a man has no financial wealth for his children to inherit upon his death, the least he could do is to avoid chalking up a mountain of hospitalisation debts for his poor children to bear.