The financial crisis was not caused by healthcare, or poor people, or gays, or social welfare, or teachers. It was caused when Fortune 500 corporations in a poorly regulated banking industry played the same scam on home buyers as the “rent to own” stores. They give the customer the item (couch, stove, or in this case… house) and set em up with a payment plan he/she can’t afford. When the sap can’t make the payments, they repossess the item and re-sell it to someone else.
Trouble is, when the scam is played on huge numbers, there’s no one left to re-buy the repossessed items. The result is devastating to the average consumer, and a gold mine for the ultra wealthy who can now buy up everything at dirt cheap prices. The punishment to the banking industry for these unethical practices? They are given TRILLIONS in corporate welfare, paid for by the same people who got screwed over by them.
Somehow, I just don’t feel as upset about Uncle Sam taking $100 from me to help feed and shelter a poor family as I do when they take $200 to help upgrade someone’s Leer Jet!
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