Last week I was going back and forth between Michael Medved and Tom Hartman. Their was a commercial on the Hartman show explaining too the listeners, who the 99%'s are. Two of the statements caught my ear. The mortgage crisis, and health insurance. While my opinions on the matters do not reflect EVERYONE, they are based off of personal experience..........
1- Uninsured Americans. How many Americans fall into this category by choice? I know 2. One is a twenty seven year old white male who lives with his parents and pays no rent. He takes home $650 a week. His job does not offer health insurance. So what prevents him from purchasing his own policy? Maybe it's the fact that he wears $500 Gucci sunglasses, or $600 designer shoes. Not too mention that he paid $3000 for rims to go on his $1800 car. His parents bought him the car. But hey, at least he's "keepin' it real". .........Asshole
The other, a little bit more expensive. A married white male with 3 kids, and homemaker wife. Owns his own business. Purchasing his own policy is probably alot more expensive. So what does he do with the money he saves on health insurance. I'm not really sure. But hey, his home arcade collection is insured for $350,000.........Retarded Asshole.
2- The mortgage crisis & people losing their homes. Now don't get me wrong banks, you motherfuckers should burn in hell for what you did. But seriously, when did it become so acceptable to be retarded, that the President defends your right too be retarded. Let me put it this way, If a man & woman have a combined annual income of $70,000. What made that couple think that they should purchase a $400,000/2500 square foot home. Was the mortgage lender that convincing, or did the consumer bite off more than they could chew?
Personally, I don't think the general consumer gets enough of the blame. Then to make matters worse, the newly elected President makes us an offer that the retarded consumer just can't refuse. Nice try Mr. President, you almost got my wife too trade in her perfectly running SUV, and purchase a brand new car. Just for the tax break. Should the banks have been practicing the predatory lending, of course not. But let's reward them for their deceptive practices, with federal bail-outs.
BTW, the $400,000 home I wrote about. It wasn't purchased with a 20% down payment. 10%? Nope. 5%? Wrong again. Try zero down payment. That's right, sweat equity is what it was called. Just paint your own house. Oh, and when you get into some financial hardships, no worries. Your home will most likely be worth $600,000, and you can borrow that money. So, when it gets too the point that your monthly take home is $4500, and your mortgage is $3900, don't worry, just blame the bank.