With the election of President Obama over a year ago, there has been a certain segment of the population that is under the impression that he is going to get rid of all their problems. He has sold himself as visionary of the future and the word “hope” is thrown around a lot. People are “hoping” all their financial problems will vanish into thin air because of some super power he has.
Unfortunately, reality is much different from that hope. While people continue to look for magical free money and free debt relief grants to get their lives turned around, they are finding that not much has changed at all. Well, the government has gotten bigger but it hasn’t gotten better.
The stimulus money was and is a mammoth outlay of cash but it didn’t go to people like you and me. It went to businesses, organizations, state and local governments, and other groups who knew how to apply for it. None of it went to ordinary folks as a hand out like some people hoped. Obama debt relief is there for some who know how to play the system but not for regular people.
There was some mortgage assistance for some families but not for others and again, you had to qualify for it and know how to get it. Many families found out they didn’t qualify for the mortgage help and where quite upset.
The moral of all this is that if you think you are going to be getting debt relief help from the government you might be waiting a very long time. The government is not going to help you in most cases, it is just going to feed off you to become bigger and more controlling. Government debt relief is a myth, plain and simple. There is only one way to become debt free and that is to spend less than you bring in. You have to learn to save and start paying down your debt one dollar at a time. The sooner you stop hoping to win the lottery or get help from the government, the sooner you will be on your way to financial freedom.