"While witnessing, but not participating in, the home real estate frenzy in 2005 and 2006, I kept asking: Who is the idiot buying up all these mortgages issued on inflated home prices to all these people who have neither the capacity nor the intention to repay the loans?Oh, it seems to be getting hard to avoid that sinking feeling, eh?
Now I learn it was me.
TED THACKER Ann Arbor, Mich."
Friday, September 26, 2008
Bailout Gallows Humor:
TODD ZYWICKI points to a nice letter to the editor: