interesting podcast

[sable47]

hey -- if anyone wants to know more about the housing/credit crisis and how it happened, the podcast for this American life - Giant Pool of Money  is enlightening. 

Comments

[rooneg]

It's certainly interesting, but while I feel bad for anyone who's in danger of losing their home over this sort of thing, I don't feel that bad. Anyone who bought a half a million dollar house on a 30 thousand dollars a year income (and I believe that's what one of the examples in the show actually did) should have known better. Do the fucking math people, it just doesn't add up, and it never did