Fed cuts rates ~ sustain your unsustainable backyard paradise

Mortgage deal makers have wasted no time latching on to the largest interest rate cut since the mid-80s.  Here’s an ad from low.com that plays on your desire to save your precious little backyard paradise.

20080122-low-red-cuts-interest-rates

Nothing about this image says avoid foreclosure.  Instead it seems to say, "Hey! Credit is even cheaper than it was before. Keep using it!! It’s fun."

Until we stop this mentality that things are just rosy cheeked blonds with spatulas, we will not emerge from this debt-induced fake paradise that we’re living in. 

Good bye Tempe?

Unlikely.

While you’re at it, why would you buy a grill like that one?  Nobody uses those anymore.  You better get one of these babies instead.

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Posted on January 22, 2008
Filed Under Business and Commerce, Real Estate | Leave a Comment

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