youngolf

Second Mortgages: Why Absolve Consumers for Stupidity?

There is plenty blame to go around. Easy money by the loan sharks did not help the situation of people wanting to have the 'American dream' of the best home they could get........since home ownership is fed to us by our Gov't and tax laws.

Now, all are suffering. The real blame is Greed, as usual. This is the American system...stick it to them and get yours, regardless.

We have lost our moral compass. I fall somewhere between capitalism and socialism. Allow freedom, but heavily regulate and punish those who attempt to take advantage.