« Slipping into Arizona . . . | Main | US News & Unintended Consequences for Bankruptcy Judges (and the Law Clerks They Hire) »

Holiday Gifts from the Heart

posted by Nathalie Martin

Buy it, sack it, take it home.

Wrap it, unwrap it, look for a place to put it.

Clean it, move it, throw it in a land fill.

Sorry, but I hate this time of year.  We make such a huge carbon footprint, not to mention spending a lot of money we don’t necessarily want to spend. But that’s the culture right?   Newsweek magazine’s Dec. 6th 2010 edition reports that we Americans can’t get over the urge to splurge, and that we have frugality fatigue.  We are reportedly sick and tired of depriving ourselves.  Wow, that was fast.  How long did the frugality movement last?

Just remember that you have to take care of everything you buy, and if you don’t buy with cash, you have to spend your valuable time checking your bank and credit card statements for mistakes.  Forget buying stuff, buy back your life instead.  Your time is the one thing they aren’t making any more.  In fact, why not save yourself and others all that trouble of paying for and caring for a bunch of worthless holiday garbage and give home-made coupons this year, for massages, offers to clean the garage, special home-cooked meals, etc.  They are much more appreciated by everyone except maybe kids.  

After all, we are still in so much debt!  Is it really good news that consumer spending rose for the fifth month in a row, and is now almost at the same level as Fall of 2008 before the crash?    I know people will say this post is bad for the economy and I don’t really care.  Go ahead, be a renegade, be downright un-American.  Stay home and enjoy the view.  You’ll thank yourself in January when the bills come. 




I love this response to overspending at Christmas:


"Carbon footprint"? Are you a partner with Obama and Gore in the Chicago Carbon Exchange, or have you just not gotten the word that all this AGW business is a hoax?

Wise words.

The comments to this entry are closed.


Current Guests

Follow Us On Twitter

Like Us on Facebook

  • Like Us on Facebook

    By "Liking" us on Facebook, you will receive excerpts of our posts in your Facebook news feed. (If you change your mind, you can undo it later.) Note that this is different than "Liking" our Facebook page, although a "Like" in either place will get you Credit Slips post on your Facebook news feed.



  • As a public service, the University of Illinois College of Law operates Bankr-L, an e-mail list on which bankruptcy professionals can exchange information. Bankr-L is administered by one of the Credit Slips bloggers, Professor Robert M. Lawless of the University of Illinois. Although Bankr-L is a free service, membership is limited only to persons with a professional connection to the bankruptcy field (e.g., lawyer, accountant, academic, judge). To request a subscription on Bankr-L, click here to visit the page for the list and then click on the link for "Subscribe." After completing the information there, please also send an e-mail to Professor Lawless ([email protected]) with a short description of your professional connection to bankruptcy. A link to a URL with a professional bio or other identifying information would be great.