Originally posted by Make Speed Limit 45
OK with me. Let the foreclosures come. Greedy homeowners are as bad as the bankers.
Most people buy homes at payments they can manage.. the devaluing of the Dollar from 2001-2008 led by it's self to a 30% increase in the basic costs
of living. From electricity, gas, food to ordinary things you would buy at a store. Meanwhile the top earners in this country saw salaries expand
well beyond the measures of Inflation, while the Middle Class saw negative growth in relation to Inflation. This left a ever growing budget gap in
the normal ways of living for average Americans. Families earning respectable incomes suddenly caught themselves loosing a larger portion of their
income to basic necessities.
Now most charged the balance of that gap to credit, and continued on their way of living. Perhaps this is "greedy", I thought so to when this mess
first started. But when you really look into it... it's not greedy. It's sad. We as a people held on for dear life to the very things that made
us who we are.. our creature comforts yes, but it was our way of life. The problems that would bring their credit to an end, cause them to finally
default, to loose their jobs and end up at the bottom wrung of society are so far beyond their personal financial choices that it makes me sick to
think we still blame the homeowners.
The rules and methods used by the last administration to expand a dead economy to finance the empire, and the continued abuse by this administration
and the financial "regulators" caused the problems, destroyed us internally like a rot. But that in and of it's self being only a symptom of the
Complacency. People with their heads so full of propaganda they can spew ignorance regurgitated from national news networks they pick up from their
favorite talking heads. It's these people, like your self, like many millions like you from all aspects of the political spectrum that led to the
situations we now face. It was not a financial meltdown, it was a Mental meltdown. Complacent in our ways we thought we could continue indefinitely
without a second thought regarding who managed this country, it's finances, it's policies. And through complacency
leads a breakdown of their very mechanics that runs our society. And all this can be passed on to the weakest people in
society. Those without a voice to plead their case. The ones most effected by the turn of events. We can cast blame onto them because we are taught
from an early age to look down on the "lower" class of people. Those who go bankrupt and foreclosed where obviously to poor, to ignorant, to stupid
to own a home, and they went and bankrupted the country.
But no one is remembering those people now being kicked out onto the streets with our backs turned to them where our neighbors. School teachers,
construction workers, small shop owners, factory workers.. the very people that make up this country. And how are we treating them?