From the Washington Post (another ass-rag), we have California: Golden dream or foreclosures by the sea?
Whatever experts call it, Dorothy Hicks, 74, a retired federal employee in Oakland, California, is seeing her American dream of owning a home teetering on the edge of collapse. After refinancing into an adjustable-rate mortgage last year, she faces possible foreclosure on her home of nearly 40 years.
She's "owned" the home for 40 years so why did she refinance?
She thought a house was a magic ATM that spits out dollar bills.
She can't pay the loan now.
She's teetering on the edge of collapse.
She's dreamed the dream for 40 years, and now it's time to pay the piper.
This is such a crock of shit!
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