Who's Angry?

This commentary has finally pushed me to get back to this blog, which has been dormant for over 3 months. I am not angry. My wife is not angry. Most of the folks I work with, and know personally as friends and neighbors, aren't angry. The bottom line is most rational people do not expect the economy to grow at 10% year after year. In the globalized marketplace today, so many other external factors affect our economy. However, we as a country continue to shoot ourselves in the foot and ignore history by calling for government to bail us out. Why can't we help ourselves? We bought a house about 16 months ago, which is the time when all the current foreclosures were buying as well. We are making our payments and have no worries. Why? We didn't buy a huge house that we couldn't afford without 'creative' (i.e. easy) financing. We put a large down payment on our house (provided thanks to my tax-free service in Iraq! Why can't someone study how servicemen benefit financially form their service?) and received a standard ARM. We weren't blinded by flipper greed. We wanted an affordable house in a stable neighborhood where we can raise our kids and live for a long time. Mission accomplished. We very easily could have purchased a larger home in a nicer neighborhood but would have been 'house poor.' I have very little sympathy for those who bought a house outside their means and are not being foreclosed.