Does anyone think that Blackberrys, iPhones, iPods, iChargedItOnACreditCard, flat screen HDTVs, Blu-Ray, and all these other "gotta have its" are at least partially responsible for most people's financial issues? Let's face it, this is what's called an "indulgent recession". Is it just me or is there a new iPod or Crackberry that hits the shelves each month? Most people who buy these things don't realize they're actually just renting them since it'll be in the trash when the next generation comes out. Some will point fingers at a lack of unskilled labor, the government, subprime mortgages, and what not for their problems but the truth is, for most, it's THEIR spending habits that dug their own financial grave! I recently graduated college and in these past four years I've noticed a trend: the students complaining about the rising cost of tuition (and thus, 6-figure debt) are also those with the latest Crackberry, iPod, a Starbucks Iced Espresso in their hand, and of course a spring break trip to Cancun.