AUGH!! Love my sister but feel like I need to bash in my head after talking to her!!

[southernleftylady]

She is one of those if it doesn't happen to her she doesn't understand, gets it or cares. So she was talking about the economy going dow the crapper and she said it was because of people flipping house... I told her that alot of people who lost their homes hit hard times and didn't have huge homes ... "who do you know who did that?' she asked me.. I told her some friends of ours had some medical bills and got foreclosed on... someone across the street from my in laws got for closed on and alot of flight attendants I know she said "I don't get why you would go back to work for a company that laid you off once already" and I went on to tell her how the economy SUCKS and that trying to find a job was horrible that I got laughed as asking for 10 bucks an hour I either had too much experience or not enough .. I set out so many resumes she would be shocked and her response was "well you should try a side biz selling your cakes" and I said "meredith people can not afford things like that now" and she said "well I guess we didn't change each others minds"
AAUUUGGGGHHHH!!!!
I can not stand her sometime


I don't know how we came from the same family we are total opposites!!1

[WorseBeforeBetter]

1. Flipping houses is one of MANY contributing factors.

There's plenty of blame to go around at many different levels.

[stopbush]

2. How many middle-class households were busy flipping houses?

Not many.

[WorseBeforeBetter]

5. I saw it all around me in the DC area.

I know it's an unpopular sentiment on DU, but I witnessed it in NOVA. Folks using their property as ATMs to buy and flip homes. People quitting 'good' jobs to flip full-time. Some made out; others didn't. One who didn't make out is a friend's sister in FL: solidly middle-class single woman who attempted to cash in on the FL condo market by flipping. Needless to say, she's completely hosed now... and gets zero sympathy from me.

[mizzuzmojorizin]

6. I think it's important to be honest with one's self

or otherwise, it'll just happen again in one way or another. Yeah, there are many reasons, and one of them is that some people wanted something so badly that they were willing to be very risky (pray that the ARM didn't go up, pray that their already-shaky job held together, go along with a mortgage person who encouraged lying on the application). Some people just budgeted down to the wire and didn't take into account any deviation of their lifestyles. And some had catastrophic health issues that required decimating their life savings.

[WorseBeforeBetter]

10. No argument here.

I am afraid that if we 'survive' this, history will repeat itself -- everyone will go back to the same bad behavior. I hate to use Wall Street and Main Street in the same sentence, but it applies to both.

[mizzuzmojorizin]

11. Very balanced attitude you have there

I wish more people were not in denial. I saw "Good Morning America" today and they had two women who were facing foreclosure. One blamed whoever (outside of herself) for her situation and the other lady said that she had gotten in over her head. There is no shame in admitting that. It is human to want something so badly that you will do stuff that you know isn't right to get there. This woman said she had a little voice telling her that it was a bad idea but she just didn't listen. At least she admits it and has the ability to change.

[WorseBeforeBetter]

14. Not accepting responsibility is probably what bugs me the most...

again, Wall Street to Main Street (barf). And you hit it re 'denial'. People of all political persuasions and income levels were sucked in by this. I lived in DC during the height of the craze and just sat back and watched the insanity. People were under the false assumption that interest rates forever stay low and housing prices forever rise. WRONG.

And you're absolutely right, there is no shame in admitting mistakes. How did this country get so off-track?

[mizzuzmojorizin]

16. Rampant materialism. It is insane and an empty way of life

I don't have children but I can see what happens to kids who are bombarded with things and constant, exciting activities. There is nothing wrong with going to an amusement park every now and then, accompanying the family on a nice holiday, or seeing a ballgame. But you have families where every weekend or summer vacation is wall-to-wall incredible activities, and the end result is that everyday life becomes boring.

[Lorien]

3. Ugh. I know people like that. I've been unemployed for 2 1/2 months now

and I've been told that I should "get a job bagging groceries at Publix" until the economy gets better (yeah, like that's going to cover 3k in bills every month) or 'just call up your friend Jeff and go work on his movie". My friend Jeff sold his property rights for a graphic novel series to Warner Brothers. The movie is being made in Australia, and is CG animation, not 2D animation (what I do) so a few small problems there...I know that some people ARE trying to help but the "just go get a job doing____" is totally unrealistic no matter what your experience is these days. Unemployment is much higher than what it's reported to be, and medical bills can demand that we keep searching for something that will pay them instead of just a minimum wage placeholder job.

[Sequoia]

4. Selling cakes? Oh, like this person she must be thinking of:

In the movie she at first supports herself by making birthday cakes for people. It's a really good movie. Watch out for the ungrateful daughter.

[Dyedinthewoolliberal]

15. Good book too!

By Cane I beleive, the author of "The Postman always rings twice"

[Sequoia]

17. You would have to tell me that...I've got 5 books to read as it is.

I'll have to look for it. Thanks, for the both suggestions.

[madmax]

7. If I may ask

what type of work does your sister do? Or is she independently wealthy? Hit the lottery? Marry a a millionaire? Just askin ;) :hug:

[Duke Newcombe]

8. Unfortunately for her, experience will have to be her teacher.

Only then will she have her "Ah-ha!" moment that millions of Americans have had these past eight years.

Duke

[Subdivisions]

9. My BIL just told me 20 minutes ago that the reason the economy

was crashing is because of Clinton and "poor people" buying houses they had no business having.

I just said goodbye and walked back home.

[CrispyQ]

13. My husband works with someone like that.

Never in our history have the poor had so much influence on our economy. :eyes: :crazy:

My husband just keeps his mouth shut when Mr. Ignorant starts talking. There's no reasoning with people like this. You were right to go home.

[eilen]

12. How about banks loaning out money they didn't have

completely departing from established underwriting standards, and then buying securities based on the same kind of debt?

No one put a gun to their head and demanded the mortgages.