How could the financial gurus have been so effing blind? 

Look, I’m just a simple middle-aged suburban housewife with a technical school certificate and a couple years of college credits under her belt.  I haven’t balanced my checkbook in over 8 years and I leave most of the important financial decision to The Husband.

Still, it was a clear to me as the jawline on Jay Leno’s face that the housing market was a house of cards.  It was inevitable that it would come tumbling down.  Who in their right mind would have fallen for all of that “creative” financing bull-pucky?!  I’m sorry but I don’t think it takes a financial whiz to see that an interest-only mortgage is an incredibly stupid,  insanely short-effing-sighted idea.  The first time I heard of such an animal, loud ”scam” alarms started sounding in my head.  And I wouldn’t sell a $35 dollar cardboard box to someone who couldn’t verify their income much less a $350,000 house.

And who couldn’t see that when the housing market crashed it would inevitably take the rest of the economy with it?  Come on, that’s more basic than 1+1=2.

If such basics as spending less than you make, buying less than you can afford, buying quality over quantity, and building equity are really that elusive and comprehended only by financial wizards, I most certainly missed my true calling.  I should hang out my shingle as a financial guru and charge gobs of money to dispense my pearls of common-sense wisdom.

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