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Thursday, May 08, 2008
Sub Prime Here's a great 45 slide cartoon that explains the mortgage crisis accurately and succinctly. It only takes about three minutes to click all the way through. Some of the language is a bit coarse. Any talk of bailouts for homeowners that are in danger of losing their homes just frickin' pisses me off. I was far from sophisticated or educated when I bought my house, but I didn't get a stupid mortgage or buy what I couldn't afford. I have no sympathy for those going through foreclosure. Well, except for the folks that it's happening to because they had a health crisis that turned out to be expensive beyond comprehension and who now can't pay for both their housing and their medical bills. That kind of thing happens all the time, and it is surprising at how far insurance companies will go to screw their insureds by refusing to pay for medical treatments. I've gone off on a raging tangent and need to stop now. |
Some parts true. Many made-up.
Songs don't stay posted long.
All photos are manipulated.
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