西部落：买不起还买，危机找上来（在线收听）

America: Living Beyond Our Means

Many homeowners knew they could not afford their houses.

Now for the past decades, more Americans are/ never became homeowners for the first time. Many of them now find out couldn’t handle their responsibility of maintaining those homes and it turns out they may have known that going in as well.

Investment // Warren Buffet offered this theory about how millions of Americans got in over their heads.

Most people have/has fired their own home and I know somebody makes it very eased for you to do it by saying you don’t really have to put up any money or you know, we will give you 100 percent mortgage, you are gonna do it.

Um, everybody looks for their American dream and they do their best to try to get back that dream and I know, for us, we thought we were gonna be ok.

Today, Carrie and Mary Jamberb are far from ok. They are facing foreclosure on their dream home in New Jersey.

Did you feel that you were getting in over your head? They can’t grab you hand and force you to sign in blind. (No, I don’t think it’s our fault.) If they really want to give you a mortgage, you’ll find someone to give you a mortgage.

So just who is to blame for this on-going economic crisis, Walt Street or Main Street?

I don’t feel it’s necessary to try to bail, to have to bail them out. They should be taken care of us, the people that they want. (Not everyone agree.) I love my home to foreclosure. I didn’t go to the government and go “Hey, listen. I am losing my home. I think you guys should bill me up. (L took out a loan foe a home she couldn’t afford and she knew it.) There was a little voice, little // voice going “don’t do this”. They value that money to high for value. I went ahead and did it anyway.

Like many victims of the mortgage crisis, L do/does agree on one important point. (And have you told you son that there’s a chance that he may not be living in the place he’s been living in half his life.)

I made a promise to my kids and they right now have a place to live in. But, how much longer? I want to be, get our ourselves back on our feet. We won’t be in this, uh, this situation or predigment ever again.

Nearly 400,000 Americans facing foreclosure will give lifeline after countrywide financial reached an 8 billion-dollar settlement with 11 states to help those home owners to rework their mortgages. You know, there are so many more suffering.

So, interesting when she said that Jimmies // a voice in my head said “don’t do it, don’t’ do it.”