You know, a lot of those Americans should also be looking in the MIRROR. Nobody forced them to squeeze all the bloated equity out of their homes and wind up upside-down on their mortgages or sign papers for overpriced hovels or for new upscale McMansions they couldn't afford. And contrary to some of what I read here, most of those lenders were, short-term, perfectly happy to make those loans and collect the upfront fees. They probably even expected a bail out.
Dems want to blame Republicans, Republicans want to blame Democrats, but the lawmakers, lenders, and borrowers all have dirty hands. Just my 2 cents.
Very good 2 cents. You just put into words what I wanted to say thank you.
And that is the truth of the matter.
Except for the factor that many of the borrowers/lenders were illegal aliens. They came over here with nothing to loose and everything to gain at my expense.