‘Before we condemn average people for making a “poor economic decision”, remember that the drum to buy, with the messaging that “housing will never go down”, because “it never does”, and “if you don’t buy now, you’ll be priced out forever” was beating loudly for several years. Banks, realtors, and the Corporate Media all colluded to fool the public.’
there were MANY people who weren’t fooled by any of this – why should they suffer because of the fools?
there were even those of us who tried to talk some sense into these fools and, for our efforts, were called ‘doom and gloomers’, ‘conspiracy theorists’, etc – we were also told that we didn’t know what we were talking about, that it was ‘different this time’, etc
and now we are supposed to roll over and wet ourselves while the fools get bailed out with our tax money?
