quote:Originally posted by Mark M:
It is really sad how they blame the sub prime mess on uneducated gardeners buying $500,000 dollar homes and not being able to pay for them.
But what responsibility does the uneducated gardener have?? He or she is not innocent necessarily. What in the world made them think they could possibly afford a $500,000 house on a $30,000 salary in the first place? Because their loan agent said so? Or because they wanted to believe they could? They bowed to temptation-they are just as guilty. Unless of course they are just that unintelligent-then that's unfortunate. But I think that's the exception not the rule. I think a lot of people went into these deals without doing their due diligence and homework. A lot of them got caught up in trying to keep up with the Jones' and it burned them. I feel for them, I really do, but I played by the rules and live within my means and now I STILL have to pay for those that didn't. That pisses me off no end.
Then I realize I still have a house....a great job....an exceptional family.....so maybe playing by the rules paid off after all.