The State of the Union Message
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Hey Andy, I wonder ,when you were a Realtor, how many buyers you shoehorned into homes they could barely afford? Ever work any "Liars loans?"
I remember when I started in the early 80's we were doing anything to sell houses, including blending two mortgages into one.
The current crisis is the same old dudu except the prices are higher.
Andy,
You sound like you are getting cocky these days. You might be outside the USA, but you are definitely a player in the US economy. I don't think the citizens of the USA are clueless of how we fit in the global economy. We did save for a rainy day and they gambled with our saving. Gambled with our pensions. Sure a lot of us had our eggs in one baskets. Do you? I'm surfing your site without ads using "adblock plus". We are also on the inside looking out. Keep up your trash talking and maybe the door will close on you!
Hello Anonymous who said,
"Andy,
You sound like you are getting cocky these days. You might be outside the USA, but you are definitely a player in the US economy"
ANSWER: Too funny, and great entertainment. It is obvious from reading your comment that you do not understand how the world work and are one of the clueless Americans who should lose their pension to get a wake up call.
They did not gamble your pension, you allowed them to gamble your pension, every person has a responsibility to the job they have to know what they are doing, instead people expect both the government and their employers to take the responsibility.
Be thankful, the USA will take care of you, you are complaining and do not understand, the rest of the world is laughing. They never had a savings, a pension or social security, they see Americans a whining in their rich world.
If you saved for a rainy day, did the right thing, you would not be in trouble. Your company saved for you...not really you.