Its about time that someone actually speak the truth about the “financial crisis” and why it happened. So like it or not, this is a violently politically incorrect, but, IMO, accurate take on the greed and stupidity that has led to a near meltdown in our economy and the wiping out of any profit I might have seen from the sale of my home in the immediate future. Yes dammit, pass the bailout so the rest of the economy doesn’t go down the tubes and have the next President be blamed for the implosion. And I want someone to step up and pay my damn mortgage too! I’ve worked hard for that right!

NOT PC RANT: Now, you see…the basic question lies in how some people who haven’t got good (or possibly any) credit were able to buy houses that they simply couldn’t afford. I don’t know about you, but I’ve worked hard to maintain my excellent credit rating, despite years of paltry income. But no! People have nothing, went out and moved into the “keeping up with the Jones’ neighborhoods, only to find themselves in situations where they either couldn’t afford the increased mortgage payments as their adjustable sub-prime mortages went up, or maybe even, with the real estate market imploding on itself, largely because of their own greed (and of couse, the greed of the mortgage industry that decided to loan money to anyone), found themselves “upside down” on their homes (simply, they owed more than the market value of their house).

Well excuse me! and “go fluck a duck!” I worked hard to buy my house, a house that I could afford to buy. And I live in a nice neighborhood, but as I’ve watched homes in my neighborhood go on the market and sell, it has been obvious that some of these people actually couldn’t afford to actually be my neighbor…they got themselves one of those nice sub-prime mortgage, and bought a nice house in a nice neighborhood, where they really couldn’t afford to live (the tell tale sign was when the “repo-man” came to tow their shiney new BMW out of their driveway and cart it away).

Ladies and gentlemen, and those few who read this blog - America is a land of opportunity. However, that opportunity is not an entitlement. You, if you don’t work hard and have the money in savings, are not entitled to live in my neighborhood, just like I an not entitled to live in a nearby neighborhood where the home prices are 50% higher than mine. The real problem is that one of those upside down homeowners just sold a house down the street from me for a price lower than what I paid for mine.

So screw me! for being able to afford the house I live in, because Mr. and Mrs. “Keeping up with the Jones” couldn’t afford their house, and had to sell in a distressed sale.

There’s a post worth linking my rant to at Right Truth. Good people of all walks of life work hard to establish themselves and accomplish whatever it is that they accomplish. Tiday, people who far overstepped their boundaries are putting all of us in a position to get them out of their jams. I object strenuously.

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