Or at least as angry as I get on this blog.

If I read one more “blame the borrowers for the subprime mortgage crisis/FM bailout” post, I may be forced to scratch someone’s eyes out with a nail file. This line of thinking is so misguided that it’s morally reprehensible.

In the next couple of weeks, I am hoping to write a multi-part review of Elizabeth Warren and Amelia Warren Tyagi’s The Two Income Trap. This book, written in 2003, brilliantly predicts the situation the economy is in today. It discusses the effects of unregulated lending on the middle class; it presents the now-popped housing bubble as a bidding war for educational quality; it blows apart the myth of American “affluenza,” it talks about the real causes of bankruptcy; and it even juliennes fries. It should be required reading for every American, or at least every over-privileged frugality/personal finance blogger who has ever naively spouted off that the cause of our economic situation is simply people buying too much dang stuff.

In the meantime, let us take a moment to consider that most of us - yes, even me - are probably a job loss or serious illness away from bankruptcy.

I’m an atheist, but I think that Jesus guy said something about the mote in one’s eye.

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