Actually, your post reminds me of my first post a few years back. I pretty much posted the first time with the tag line "sour grapes", just to see how damn passionate people feel on this board
A couple of things I found out along the way. This blog isn't about sour renters. Yes, there are a few doomsday people here. The nice thing about this blog is it highlights that their is hope in this country filled with overconsumptious, over leveraged, knee deep in debt people. And the nice thing is that these folks are all from different economic backgrounds, from ultra rich people, to just your average joe worker. I see a lot of average joe workers here through financial responsibility and conservation who are going to be just well off and fine because they exercise an amount of constraint.
The rest of average america, well it's going to be a pretty tough life for them down the road.
Is it fair? No, but life is not fair. Wake up. You want a bail out. Yes, you might not get that killer beach pad, but you won't be standing in a bread line with your kids like I did with my parents as a child.
I think you're missing the point.
1) The bailout is to help the banks, not average joe.
2) There probably will be a time in the future when people with their kids will be standing in a breadline. The only difference that the bailouts will make is to delay this pain. Also, all this bailout also is going to put a load onto other people who have been financially responsible via taxes, dragging them into the mud and possibly forcingthem to stand in the same breadline. As far as I'm concerned, the pain is going to happen. Might as well be now versus a few years down the road.
Anyway, enjoy your new home you recently purchased. Hope the home satisfy your material needs and offsets how much more you're going to be forking over versus anyone that purchases down the road. (and no, I'm not a bitter renter).
