Like a fine wine, this putrid sweet-treat from the height of the housing bubble just keeps getting better and better as it settles into mellow old
I bring this rancid litttle tibit to mind as a kind of conceptual encapsulation of all that went wrong with the housing dream. Specifically, the flaws
in the social dimension, which are easily lost in the dense thicket of stats and charts. And, yes, the culpability of the average joe-and-jane
too-much-house, who are every bit as much to blame for the mess as the nasty evil old banks and realators.
Three years on, what have we learned from Suzanne and her stellar research skills?
Man, I applaud you. Expect to be beaten to the GROUND around here though. I've been trying for YEARS to point out that the 300M individuals are just
as much to blame for the economic collapse as the "nasty, evil banks". You can check out my signature if you want to see the responses I got.
People just refuse to accept any culpability. It's far, far easier to shift the blame to some faceless corporate suit than admit you had a hand in
This content community relies on user-generated content from our member contributors. The opinions of our members are not those of site ownership who maintains strict editorial agnosticism and simply provides a collaborative venue for free expression.