First of all I'll kick in my stupid mortgage story. I have a younger sibling who at 21 thought he needed a 4 bedroom, 1900 sq ft home. At the time, my parents, who are well off by most standards, only owned a 1850 sq ft house. He was making maybe $25,000 a year. The folks tried for MONTHS to talk the moron out of it, but to no avail. My family does business with a certain bank and has done so for like 50 years or something. When he went there to get the loan, they flat out refused. They told him he was over spending and that since they had his checking account, they could see that the balance in his account each month wouldn't support the loan he was looking for. Good for them! He then went to another bank, one the fucking cunt of a Realtor( I hate using the c-word but since I am female, I can do it. Plus she really deserves that title.) suggested. They approved him for like a $95,000 home loan and he took full advantage of it. Two years later, house gets repossessed, might I add after my folks have to cover multiple house payments, and he moves home. The moral of the story was, he was mostly at fault, the bank was definitely at fault, but I think I blame the fucking cunt of a Realtor the most. Although he was ultimately the retard that made the decision, she took advantage of him. She fully talked to him into the house she sold him. Our local news was running a story on young home owners and she told him if he would just go ahead and buy the house she would make sure he got on TV and got to talk. What 21 year old is gonna pass that up. She tried to peddle this "American Dream" idea to someone who couldn't afford and frankly didn't deserve it then and to this day STILL doesn't deserve it!
Anyways, the bigger issue behind all of this is the distorted view of what the American Dream is and who should have it. I am all about the best and brightest getting what they deserve, but just because you live here and pay taxes doesn't mean you deserve it. I agree that everyone has the right to dream, but if you have to put yourself in debt by tens of thousands to credit card companies just so you can feel important, you my friend a ID10T!!! You don't deserve anything but a swift kick in the face, and possibly balls if you happen to have them. If you want to work hard and earn that dream go ahead, shoot for stars. Live sensibly and realize that your time will come. Just because you think you deserve a big house and fancy shit doesn't mean you do. I just hate when people assume everyone should be given everything they want. They shouldn't!! That is why it is called a Dream you fuck tarts!!!
In closing I think it's everyone's fault our economy is the way it is. We all need to be smarter about our money and things, eventually, will work out for the better.
