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Posted by: mmrhe 8 months, 3 weeks ago
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mmrhe8 months, 3 weeks ago
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I'm thinking once again of 'House of Cards' on CNBC.
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Several families in serious financial trouble were profiled.
A single woman from Compton who got a house for $300,000
A recent entreprener from Mexico who got a house for $500,000
and a family from California who kept refinancing their home for things like built in pools.
I have a certain amount of sympathy for the immigrant because he was completely taken advantage of.
And the black woman from Compton who was basically living in a gang war zone.
But I have issues with people like the family from California who to me represent the kind of consumerist behavior that TV shows like 'The Simpsons' so hilariously barb.
For example, when asked why they needed the built in pool with all the amenities the husband responded that he has two sons and they needed it.
I grew up in a family of five children and we somehow got by without a built in pool!
I really can't say which percentage Goppy but it's disturbing to me that so many people out there were so easily taken advantage of.
I believe many just heard what they wanted to hear and are just as guilty as alot of these Wall Street types who didn't do their homework either.
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