You can say you didn't see it coming, but it's been on the burner since the early 80's. Simmering on the back burner, boiling down. It's an economic crisis!
I love how they spin it to be all-of-the-sudden. When in reality it's been visible since HGTV hit the airwaves. What do they say? "As soon as you can see and identify the trend it's past it's prime?" ... like curdled milk left out on the counter overnight.
so who do we blame? the insiders? the lobbyists? I blame the people that bought overpriced homes. I blame the flippers. I blame the mortgage brokers that sold bad eggs to the school kids.
All of the sudden we are waist deep in a economic crisis. All of the sudden, like in the last week.
but honestly, who didn't see it coming??
there is only really one way out... raise taxes and reduce spending...
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