2010-07-02 — ml-implode.com
"I came out saying I support the idea, basically because my expectations of what my government is capable of have been reduced to essentially nothing. Everyone knows how much I love sarcasm… or at least have come to love sarcasm writing about the foreclosure crisis… and on this article I think I might have taken my sarcasm to such a level that readers, especially those that read quickly, may have missed it."
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tvsterling at 22:14 2010-07-02 said:
I have personally never owned a home. There are millions like me ( wish I had a figure to plug in here). So far in my working life & during this crisis I have probably paid at least an additional 100K in taxes for other people's homes. Why is that considered fair & good public policy? A large part of the current mortgage crisis was caused by these misguided public policies aimed at cramming anyone with a pulse into a home whether they could afford it or not. The price bubble was caused by these policies. Every day the only solutions offered involve me paying more & more to support the bubble (prevent it's deflation) & making the banks who implemented the scheme (and profited) richer & richer. I AM GETTING A LITTLE PISSED HERE. I had lots of things I might have done with that 100K instead of giving it to pampered middle class family's so they can have a 'nice' suburban lifestyle. There are millions of folks like me. Permalinkadd a comment | go to forum thread
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