Nowhere does the big media give credence to the idea that ONLY certain parts of the country went on a drunken binge concerning home prices. ONLY certain parts of the country had folks living off their house income for a few years. And, consequently, only PARTS of the country are REALLY being bailed out. Indeed, should the country pay for California's excess for the next decade? Or, should California have to pony up MUCH more?
Here's a link to a California blog that I have been following for the past two years - it makes the same point about the cheerleading of the media. I assure you, this is a website you should bookmark to know what is really going on.
Sometimes, it is important to know just how politicians in power think - so - check out this wikipedia link that never gets talked about.
If you enjoyed these links - pass our new blog on to like minded friends - thanks. More posts from the last few days below too.