November 03, 2008


According to the NYT, some of you morons are upset that people are getting help to keep their homes.

An airline pilot who lives outside Norwich, Conn., Mr. Lawrence has a traditional 30-year mortgage that he has no trouble paying every month. But, thanks to the plunging real estate market, he owes more on his house than it is worth, like millions of other people.

If the banks, which frequently lent irresponsibly, and many homeowners, who often borrowed irresponsibly, are getting government assistance, Mr. Lawrence says he believes sober souls like himself are also due a break.

“Why am I being punished for having bought a house I could afford?” he asked. “I am beginning to think I would have rocks in my head if I keep paying my mortgage.”

OK, Mr. Lawrence... here's THE DEAL. Your credit is good. THAT'S what you get for not needing this bailout. More than likely, you won't have to give up a percentage of your equity. AND, while you're underwater now, if this keeps up and we don't start helping some of the people hardest hit, you're going to go a lot more underwater and probably lose your job. You dumbass, it's not like this solves just one problem. It takes care of a myriad of problems.


THAT, my friends, is one of the biggest problems with this country. A focus on selfishness to the exclusion of all else, even thought you'll clearly benefit from being a little less self-absorbed. Watch Mr. Lawrence's airline lay people off and see how long it takes him to start asking for help.

Posted by mcblogger at November 3, 2008 02:39 PM

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