Apparently taxes and contracts are for little people

Posted: July 13, 2010 in Class Warfare, The Economy

A good concise bit of reporting from the Rachel Maddow show (Chris Hayes filling in for Rachel) on “strategic defaults” of mortgages.  This is a big issue in AZ because of the overinflated housing bubble that hit us here and from which we still have not recovered.  Check it out.

http://www.youtube.com/watch?v=M_2sxBOo0Nw&feature=player_embedded

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