Sunday, November 2, 2008

Michigan Suburbs look like this

I feel like we have not really learned much from the housing bust.
Politicians still talk about stabilizing house prices, as if affordable house prices are a bad thing. Banks who wrote horrible mortgages are getting bailed out, and mortgage brokers and Realtors are waiting on the sidelines, buying their time stripping, bartending and waiting tables awaiting the day when the next housing bubble starts and they can make their 100K a year being a parasite of the productive energies of the American people.

Americans are still greedy, selfish, stupid and addicted to debt.

Some things never change.

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