Matt Blackman

Vouchers Against Forclosures?

Why not just nationalize home ownership and become a socialist state? We seem to be heading that way anyway and ideas like Thoma's clearly take us further in that direction.

Sure, everyone who bought a home in a rapidly rising market, mortgaged themselves to the hilt and are now seeing home values fall bear no responsibility for making a bad decision. I call it victim economics. Let's blame someone else for our financial woes. We are idiots and unable to make wise financial decisions on our own or take responsibility for those decisions. This approach is a pathetic indictment of where we have come. It does not bode well for our financial future as a nation.