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Re: What if everyone stopped paying their mortgage?

Posted by Alfred -- SoCal on June 01, 2010 at 11:18 AM

In Reply to: Re: What if everyone stopped paying their mortgage? posted by SSinOC on May 31, 2010 at 1:00 PM

Besides being totally corrupt, the government is also using crackpot economic theories (Keynesianism) that don't even make sense in theory let alone practice. Deficits and debt are beyond ever being dealt with and no matter how much they postpone or push it forward, there are only two alternatives: restructure or default. Our educational system is responsible for all of our economists, financial engineers, MBA's, etc. Look what they are turning out... destructiveness. Debt and spending is the solution to unpayable debt and over-consumption?! The immorality and false data has trickled down to the masses via newspapers, books, radio, movies and TV. You are witnessing a serious decay JK.


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