” The media elites are going to keep yapping and drive consumer confidence down “
That’s right — there’s nothing wrong here..
Money will keep falling from the sky (or from the Fed - same thing) forever....
PULEEZE! I never said there was nothing wrong. There clearly are problems in the financial world, but not nearly what is being portrayed in the media. When when a financial institution loans 110% of the value of a property with little or no money down to a deadbeat who has nothing to loose you are going to have problems. That is a fact and that is what bankruptcy is for. If you mismanage your assets, particularly those financed by others, you forfeit. As my grandmother used to day "you play in the creek and your feet get wet." It's really not complicated and there are provisions in the system to take care of it. No bailouts, no way. Get it?