What a great observation; AND all the risk taking was encouraged by the very strong BUSH economy and constant pressure from the liberals to loosen credit. We touted 67% home ownership as the greatest achievement. People buying homes and cars eta they could ill afford. This while we lament the green issues from our McMansions and SUV's with their huge carbon footprints . This from those traveling in LIMO's and In G4's and G5's. Whattan a country!!
Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.
Other reader comments on this article
Comment
By
Date
Too many of the so-called conservative thinkers seem most critical of the lowly sap who over extended credit and now... [MORE]
John House
Feb 26, 2008 18:50
This is another clear example of liberals wanting the government to take care of everyone from cradle to grave. Warning... [MORE]
Al Frick
Feb 26, 2008 17:22
It's striking how so many conservatives, like Cal Thomas, are sounding more and more like Jimmy Carter these days.
In 1979,... [MORE]
Steve L.
Feb 26, 2008 11:45
What a great observation; AND all the risk taking was encouraged by the very strong BUSH economy and constant pressure...
chuck higgins
Feb 26, 2008 10:08
On the one hand we hear people lamenting that lenders have been too free with their loans, giving sometimes "predatory"... [MORE]
Tyler Hathaway
Feb 26, 2008 09:25
WOW, what a lot of us have been thinking for a LONG time Thank you for putting it so eloquently. [MORE]