I’ve been working on a post about this for quite some time, but this single comic from AccordionGuy says it better than I could, which will, of course, not stop me from giving it the old college-dropout try, right after the pic:
And you know that Jack’s taxes paid for every one of them. The banks have been shuffled around between rich people, the bundled mortgage products rebundled and shuffled and dealt out again, tax writoffs have been off-written, but quite frankly the lack of defenestrations leads me to believe this was nothing but a shell game played by knowing hucksters, and every first-generation homeowner who thought he’d do something long-term for his family and think ahead instead of renting played the sucker here.
That’ll teach ’em.
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raincoaster 