Tuesday, January 22, 2008

Jingle All The Way

I know some will find walking away from homes morally unsettling somehow, but I don't see what's wrong with people behaving as businesses would. It's the fault of lenders for not ensuring that people had skin in the game by requiring reasonable down payment levels.

...and, adding, if the banks hadn't lobbied for the awful Bankruptcy Bill more of their customers might be choosing that route instead.