www.realtor.org/creditcrisis.

Everyone will have plenty to say.  This situation is severe, serious and will be written about for a very long time. Our generation- the baby boomers only heard about the depression from our parents. And heard about it for our whole life. To this day I turn off the lights when I leave a room and I clean my plate. The unusual stories in our family were: My grandmother was a seamstress and she kept her family in food when the men could not get work. There was plenty of need for sewing, mending repairing and making do with what they already had. My husbands dad sold typewriters. Not that one really amazes me.  The whole last 2 years they said we may have a recession and many of us felt we were in a recession then. Now the deep prolonged recession might really be the feeling of a depression. Many families are affected. The anger the people express that didn’t buy usually falls out to blame the homebuyers.. I blame the following:

The lenders: I know of 2 people that got a bad loan and didn’t understand it. One got a loan review and got a new good loan and the other had a short sale loss of her home.

I think there were good loans and bad ones and the lenders made a little bit more money off the unsuspecting buyers.

The Lobbying allowed in Washington: The money paid to people to influence our Government leaders is just not right. It pushes the ethics aside and is all about money and greed.

That is oversimplified but I grew up with Abraham Lincoln stories in Kentucky. We all wanted to be Honest Abe