10-08-2008, 06:21 AM
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#8 (permalink)
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| BenzWorld Elite
Date registered: Aug 2006 Vehicle: PM me to Join the Expat Muslims for Obama Club........ Location: Jakarta, Indonesia
Posts: 16,530
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Originally Posted by cmitch  Who's responsible for this mess are the dumb asses who made the high risk loans to begin with. When John X sees his neighbor, Bill Q buy a big screen TV, he thinks he has to compete by buying one, as well, whether he has the money or not. Mr. Banker man will help him out. That is middle class philosophy, which I do not subscribe to. You've got to remember that many who got these sub prime loans were in no position, financially, to pay them back, but, got them anyway. I used to look at the guy who owned a big house and driving a new Lexus or BMW as 'rich'. Now, I shake my head, knowing he's most likely working 2 jobs and struggling to make payments, just to try to impress people. |
Oh how I miss that game of keeping up with the Jones's, what a fucked up little head game that is......... |
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