I am so frustrated with individuals who don’t want to be held accountable for their actions, businesses that don’t want to be held accountable for their actions and now a government that refuses to be held accountable for it’s actions and now wants to bail out the businesses and individuals who gave in to greed.
Those of us who have lived responsibly through a runaway inflated housing market bubble, didn’t borrow more than we could afford and didn’t speculate on future real estate value increases are now being asked to ‘save the world from certain financial ruin’.
Bah Humbug.
Let the financial gurus who dug this hole work their way out of it.
Let the homeowners who gave into the ‘buy more than you can afford the value is always going up’ lose their home, learn a valuable lesson and go on through their life a better person.
Let the businesses who profited from the greed of those individuals die in ruins as a lesson to the next generation of profit-at-all-costs entrepreneurs.
Let the CEOs and upper management of those businesses be brought to trial and all assets seized from that ill-gotten gain. The charge? Stealing the future of my children and grandchildren as they will pay the consequence of the last 10 years of housing / mortgage / derivative fiscal irresponsibility.
When the Gurus say that they have the answer to our problems – start running the other way.
theNonGuru
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