As I wrote months ago, the government was seriously kicking around the idea of forgiving the mortgages of people who bought too big a house for their incomes. For a while, it seemed like that moronic idea had been laid to rest in the cesspool of bad ideas from whence it came. Well, surprise! It’s back and with a vengence. If there’s one thing I’ve learned from the current economic situation, you have to be a complete and utter moron to be living within your means. As someone said in a recent NY Times story:> “Why am I being punished for having bought a house I could afford?” he asked. “I am beginning to think I would have rocks in my head if I keep paying my mortgage.” If the government is seriously thinking about forgiving mortgates, it seems like I should be one of the first in line. After all, I haven’t been part of the current problems’ causes, so shouldn’t I be rewarded for being part of the solution and not the problem? Well, maybe in Normal-Things-Make-Sense World, but not here in the USA, circa 2008.

Oh, and clearly, Sarah and I are stupid for operating without a month-to-month credit card deficit. After all, people who are behind on their mortgages and up to their ears in credit card debt can now get their credit card debt forgiven. How great a deal is that?!?

Apparently, the new American Ideal is as follows: First, you buy a house you can’t afford, with money you don’t have, and then fill it with big, flat screen TVs and stainless steel appliances that you finance solely on credit cards. Then, you take the equity you haven’t earned out of the house, combine that with more credit cards, and go on some pretty ass-kicking vacations around the world. Finally, you wait for the financial system to collapse around your head due to your bad decisions and those of your friends and neighbors. When that happens, your debt will be forgiven, you’ll own the house and the stuff outright, and you can start the whole process over again!

Work 9 to 5? That’s only for chumps and losers! Why work to pay your debts when the dummies who pay their debts can pay yours too through higher taxes? You’d have to crazy not to sign up for a program like that.