Understanding the Issues: Education

[dmek25]

Originally Posted by Schneed10

I can't say I understand what you're saying about a mortgage crisis 20 years ago? Rates were great in the 80s. I'd like to comment further but I can't say I understand what you're talking about.

As for the little guy comment, I perceive myself to be one of the little guys. I'm a guy just like anybody else. I just take responsibility for my actions and do what needs to be done to make good decisions.

my wife called this crisis close to 20 years ago. she knew that there are tons of unethical people doing whatever they could to get people into houses that they just couldn't afford. she has been under writing mortgages for almost 25 years. the people that were the root cause of this will pack up shop, walk away, and open up somewhere else. when you haven't walked in these peoples shoes, your comments come off as snobbish( or shall i use the term, elitist?) right now, there are alot of good people really struggling to make ends meet. living paycheck to paycheck. one wrong decision could pretty much ruin them financially. growing up in an environment of poverty, already starts them off with a strike against them. they can only mimic the choices and decisions they have seen. that's part of the reason it remains a cycle. the other is it takes alot of hard work to break that cycle. some want to, but don't know how. others are just too damn tired to break it. others don't mind going along for the ride. i think that most are good, decent, hard working people. that want a better life, both for their kids, and themselves. but most are also very proud, that would rather do without a hand out. its very hard to separate the needy, into people that want to do the right thing. and people that are generally worthless