News for hackers. Stuff that matters.

A comment on All Hollowed Out: The lonely poverty of America’s white working class. Parent comment

Re:All Hollowed Out: The lonely poverty of America’s white w... by 01Michael10 on Tuesday January 19, 2016 @11:28AM (#10931732)
You really need to define "poor" here. Poor people did NOT take out million dollar mortgages even between the years of 2004 to 2008 in the US.

Please stop the ridiculousness of blaming "poor" people for the recent housing collapse.

[ Parent | on HN ]
Re:All Hollowed Out: The lonely poverty of America’s white w... by zardo on Wednesday January 20, 2016 @02:46PM (#10940793)
I didn't lay any blame. But people got in way way over their heads with banks happy to make giant loans with no reason to care if it could be paid back.

http://thisamericanlife.org/radio-archives/episode/355/the-g...

[ Parent | on HN ]
Re:All Hollowed Out: The lonely poverty of America’s white w... by 01Michael10 on Thursday January 21, 2016 @11:10AM (#10946148)
I agree with that but you implied poor people were talking out million dollar house loans.
[ Parent | on HN ]
Re:All Hollowed Out: The lonely poverty of America’s white w... by spacecowboy_lon on Thursday January 21, 2016 @10:58AM (#10946053)
Some one had to take out those NINJA loans it takes two to tango.
[ Parent | on HN ]
Re:All Hollowed Out: The lonely poverty of America’s white w... by 01Michael10 on Thursday January 21, 2016 @11:09AM (#10946143)
Yep... It was "poor", middle class, and rich people who took out those loans.
[ Parent | on HN ]