TANSTAAFL

Let's take a deep breath. Slow down. Look around. Now, look back.

Who is the culprit here? Who is to wear the crown of blame for our financial mess?

Ready?

He may be around the corner from your home. She may be on the PTA. They may sit next to you in church. You saw them at your kids soccer party.

That's who they are.

The 2008 crisis originated in the greed and failure to save by homeowners, their use of real estate borrowing for consumptive lifestyles. Their failure to save, their spendthrift ways.