The following Associated Press story in indicative of the attitude many Americans seem to have adopted in the past few decades. I believe this attitude is why congress is debating a $700,000,000,000 bailout as you read this.
Winfrey's mom countersues store for its $156K bill
Tuesday, September 30, 2008 10:56 PM EDT The Associated Press
MILWAUKEE (AP) — Oprah Winfrey's mother says she shouldn't have to pay a nearly $156,000 debt to a high-end fashion store because store officials shouldn't have extended credit to her.
Valentina Inc. alleges that Vernita Lee of Milwaukee racked up $155,547 in purchases and interest as of July 1. The company sued, saying Lee fell behind in minimum monthly payments of $2,000.
Lee filed a counterclaim Friday contending that Valentina took advantage of her "lack of knowledge, ability, and-or capacity" when creating her credit account.
Court papers say Lee resolved a 2002 case with the company over a $175,000 bill. The resolution prohibited Valentina from extending further credit to her.
A message left for Valentina co-owner Tony Chirchirillo was not returned Tuesday.