I understand if some simply say “I am making a business decision and I am paying for my bad decision with my credit”. That I can respect. But all of these people are justifing thier positions to the tune of “I am just getting even with the system”. That I cannot respect. Most of these people that were quoted were educated. Highly educated. But they forgot the fundamentals of thier education when purchasing a home? Do the research… Run the numbers… Investigate alternatives… These are things that are only native to the hard sciences…
Now they are blaming the system and probably the same people blogging about the bailout monies…