I can’t get over the statement that was made early in this thread “a lot of people were cheated.” The pot stirring cliches are tired “careful what you wish for”,”you are happy about bad news”, “real families are being hurt”, “I got out and CA sucks anyway”,”you can’t afford it anyways”, yada yada yada. C’mon MGU, you really want to have this debate, you are going to need to bring your “A” game because these arguments are tired and pointless, put that finger away because we don’t need any finger wagging, card carrying “people for a perfect world” members here.
The facts are that every player in the game that is being hurt is culpable and nobody is going to die. The fiscally conservative were punished for years and now they will be rewarded, why is that a capital offense. You timed the market and your profit will end up being someone else’s loss but you have rationalized it because as you say, they will be fine. Is there guilt in that story, it has a “i got a girl pregnant and left town but she wanted a kid to raise by herself anyway” feel to it. Just admit it, you timed the market right and your desire to see the seasons or your gut turned out to be a genius move but don’t think you can blame others for their selfishness and be cleansed. These posters like JC and Stan are just questioning the fundamentals and feel vindicated by their accurate predictions based on fundamentals and you want to blow out their birthday candles for them., All I can say is “and the horse you rode in on.” I can’t believe I got sucked in on this one, shame on me for typing angry.