Turkey and hummus? Awesome!
Pretzels and hummus? Better!
Hummus and a spoon? Soooo happy!
You'd think I was preggers. But, um, pretty sure I need a uterus for that little stunt.
But, hey... probably you didn't come round to hear me babble about food, so let's move along to other subjects like the economy.
Or, the lack of the econ in the economy. Yes, I realize that made no sense.
Is it fair of me to want to shake the teeth out those "victims" of the housing crisis?
Oh, I hear you... "Those evil mortgage brokers... they tricked poor Ma and Pa Kettle!"
To you I say, "Nonsense."
True story - a person we know, who makes roughly 60k a year, bought a home for 800k.
Now, in the real world... a world my husband keeps me in by gluing my shoes to the carpet, to afford a house of those dollars a person would need the following - 160k for a (20%) down payment and a monthly income of roughly 12k to comfortably afford that 4k (1/3 of take home) a month payment... that's a lot of money.
It's wayyy more money than this person could afford.
But, she was told, "0 down" and "low low LOW payments for 3 years and then, when the balloon payment is due you can simply refinance because oh yes, by then, your house will be worth at least a million!"
And this person was told, by many real-estate type experty peeps, BAD PLAN! This is a bad plan.
Fast forward a few months and here comes the housewarming invitation.
Fast forward 3 years and guess who's house is worth about $2. Also, guess who doesn't live there anymore?
Now, I don't consider this person a victim. Stupid? Yes.
That old chestnut your Grandmother told you? The one about if something is too good to be true it probably is... lots of truth there folks.
But we're such a greedy lot... we want more. We deserve more! Game room, butler's pantry, 5,000 square feet... we want it all. Only we don't want to do the work... we're like little children... a nation saying, "But, I waaannnt it!"
So, sure, there were some poor slobs out there who, in good faith, signed on the dotted line and got out a little too far over their skis... but, there are also plenty of folks who ignored the common sense tickle at the back of their brain.
It's not the only reason our country is in such a slump, but it plays a great part.
And it makes me angry and it makes me sad.