Self-Accountability

Were real estate lending practices shady? Sure. But where is the self-accountability in all of this mess? Nobody put a gun to anybody's head and forced them to take out a loan.  People are receiving lots of sympathy just because the subject matter is a person's home.  Let's look at it another way.  If somebody earning minimum wage goes out and buys a top of the line Mercedes, and then the car is repossessed when the payments are late, do we feel the same way about them?  Everybody needs to have some common sense, and take a look at self-accountability rather than just point the finger at everybody else.

Damn... it's been so long since I posted on Xanga that I couldn't figure out how to use this new setup.

Anyhow...what I wanted to say was... dude... I need to stop hanging out with Ruca so much... I took a crap at work today and it straight smelled like cat poo...

Pretty good movie. Bought it on impulse at the bookstore inside Pacific East Mall. Cheesy romantic comedy, but entertaining. Oh... and according to Brooke, Fishman looks like Johnny. Hahaha...

On another note, I downloaded the entire song from that Old Navy sweater commercial.  Some of the lyrics are, "I'd buy you Rogaine, when you start losing all your hair"....weird...

Subprime Loans

I am starting to get a little annoyed that people aren't taking more responsibility for their actions. All these people complaining about the situation they're in now with the rates on their subprime loans going up. It's their own fault they didn't do more homework and research. What's the oldest rule of thumb??? "If it sounds too good to be true, it probably is." If the government steps in to bail these people out, it's only going to reinforce the idea that it's okay to screw up, and then other taxpayers will have to pick up the burden. It would also be unfair to the rest of us, who were smarter than to get ourselves into a loan we couldn't eventually afford. Let the housing market crash, it'll teach people a lesson, and it's not different than any other market that has crashed and recovered. So the economy takes a hit for awhile, big deal, it'll recover. It's supposed to adjust and correct for the overinflated housing industry to begin with. People need to have more common sense and hold themselves responsible for their financial situation. Just my two cents.