The Lender Made Me Do It

Stories like this make me see about a dozen shades of red:



First thoughts:

1) If you receive a notice of foreclosure, you are not, by definition, a home "owner."

2) If you are a bus driver and mother of 2, and your husband isn't loaded to the gills, then you have to be out of your mind to purchase a house worth $800,000.

3) Buying a house and using it as a credit card is stupid. You deserve to pay.

4) When someone buys a house worth 800 large, then cries to the president to "stop the foreclosures," I say, "Why?"

5) "If people are losing houses, losing jobs, what are we going to do?" Move. And get another job.

6) "Like countless other Americans, Garcia admits she and her husband bought more house than they could afford..." And now the taxpayers have to keep you in "your home" so you can relax? Get over yourself.

7) "The lender made it all too easy..." This one kills me. Kills me.

Today I had to buy two laptops for my business. Just two laptops. They wouldn't break me, but I didn't want to get taken by some high school geek, either. I studied all of the websites. I got the flyers from Staples, Future Shop, Best Buy, and Office Depot. I compared all of the computers. I considered saving by buying a couple of desktops, but no, I needed the portability of the laptops. I thought $700 was way too high for the work the laptops would be doing. I needed some cheapies, but not so cheap that they'd crap out in a couple of weeks. I decided to sacrifice some RAM to get more harddrive space. I made my decision, walked over to the store, and bought them. That's how I look at the purchase of laptops. Now, am I supposed to feel sympathy for people that buy a house worth $800,000, know they can't afford it, and turn around to blame the lender? And, to top it off, they're now calling for the president of the United States to "stop the foreclosures" and have the taxpayers bail them out? It stinks. These people were gambling that the house would increase in value. If they get bailed out, then the craps players in Vegas should be bailed out, too.

This recession stuff is tough. It makes me sound like a hard hearted jerk. To hell with it. From lollipops, to laptops, to houses, take responsibility for your life. If you take risks, fine, but the consequences should be yours to keep. Funny thing: so will the rewards, though I'm sure these innocent "home owners" would have poured millions into the charities of America if their house had doubled in value.