Housing Market Woes Bring Familial Strife
How many steps from homelessness? Ground Zero has arrived for the American middle class. The poor will remain poor. The rich will remain rich. The middle class is becoming a shadow of its former self. When weakness occurs and sickness sinks in, opportunistic infections take over. Once you're down, especially chronically unemployed, its very difficult to be lifted back up. It can happen, but you must be very strong to weather that. Not to mention the ever looming deterioration in the state of ones physical health. No entitlements, no guarantees.
As Alan Watts puts it "Is the game worth the candle"?
http://www.npr.org/templates/story/story.php?storyId=129448115from Comments:
"We have to move on and live our lives. The market is not going to improve any time soon with all the houses 'under water'. Banks knew this was coming and broke their commitment to a social contract. We are not ethically obliged to hold onto junk produced by the mortgage industry. When they need customers, they will lend to us again and we should start over now to be ready then. Read Jeffrey Sachs advise to 4th world nations exploited by World Bank. We have not experienced this before...forget the overworked, underpaid corporate ladder into the ground."