Mortgages

YOYO and WIT: A Look at the Mortgage Meltdown

A lot of what goes for mainstream news coverage continues to spin a decidedly libertarian view of public policy. The business pages typically feature the hyper-individualism of “you’re on your own (YOYO)” (plucky entrepreneurs who turn into gazillionaires and if you have no health insurance, tough luck for not being “responsible” or smart enough have $1000 a month to spend on insurance).