The MSM is doing what they do best now - reporting the car crash after the car has crashed.
Pretty honest video with all the usual suspects: foreclosures, overgrown lawns, worthless homes in far-flung suburbs, subprime slime, 105% loans, mortgage fraud, people walking away from their houses, etc.
After watching a report like this, what enrages me is the idea of a government bailout, for people "losing their homes" who got "pushed" into subprime loans. Yes, it's unfortunate, and yes, people are being asked to leave the banks' homes that they can't make the payment on, but THEY'RE NOT THEIR HOMES. THEY CAN'T AFFORD THEM. AND NOW THEY SHOULD JUST WALK AWAY.
Nobody got pushed. They got bribed. They committed mortgage fraud. They took the money. And they're not their homes. They never were. And they need to just walk away and rent. And that's what's happening across America today.
Good. Can't happen fast enough.