What About the Terrible Economy?

I really hate to be the one to say "I told you so", but I saw this coming several years ago. And now it just makes me want to puke to hear all those big wigs from Washington and Wall Street say they just "never saw this coming". Give me a break. I may not be the sharpest tool in the shed, but when the banks and builders started putting people in $300K homes when all they could really afford was a $100K home, I could see we were all in big trouble.
And, so now here we are.
What about all of us who were smart enough not to buy the $300K home when all we could afford is a $100K home? Should we have to pay for other peoples' ignorance? I don't think so. This is just one more example of how the government-backed school system has "dumbed-down" the population to the point where they can be talked into signing almost anything!
And then I hear about these "poor people" who have lived in their house for 30 years or so, and when the property values sky-rocketed, they decided to refinance and pull out all that equity. Now they are crying because they owe more on their long-time home than it is really worth, and with the ARM they were talked into, now they can't make the mortgage payment. Poor, poor pitiful you! What did you do with all that money you got?? Go on a nice vacation, or buy a new car or maybe a bunch of other stuff you couldn't afford? Do you think that we who are still living in our $100K house and struggling to make the payment, should bail you out and do whatever it takes to keep you in your house??
Here again, Give me a break!
Well, enough of this. I've got to go try to pull together some money. My mortgage payment is due, and BTW, not delinquent.
Come and buy something from our store, Please!
Sincerely, Ramona
BooKooGuru