Mike Luckovich: Sold

		<a href='http://ads.truthdig.com/banners/www/delivery/ck.php?n=a9cd87eb&cb=343315694' target='_blank'><img src='http://ads.truthdig.com/banners/www/delivery/avw.php?zoneid=1&cb=343315694&n=a9cd87eb' border='0' alt='' /></a>	February 12, 2012 Log in / Register
			Text Size

Past Events Upcoming Events

Frightening Charts From the Senate Inequality Hearing

Morris Berman and the Decline of America

More From Chris Hedges on Black Bloc

Perfection

Truthdigger of the Week: 9th Circuit Judge Stephen Reinhardt

Will Mortgage Settlement Avoid Repeating Obama’s Foreclosure Failures?
By Paul Kiel, ProPublica

The Right’s Boon in Knox v. SEIU
By Bill Blum

Truthdigger of the Week: 9th Circuit Judge Stephen Reinhardt

Romney’s Overriding Ambition
By Eugene Robinson

Frightening Charts From the Senate Inequality Hearing

More Senior Journalists of Murdoch’s Sun Arrested

Syrian General Killed by Gunmen in Damascus

China Jails Dissident for Poem Sent Over Internet

On Contraception, Obama Asks Insurance Companies to Save the Day

Komen and Planned Parenthood: A Timeline

‘Left, Right & Center’: Birth Control Concession

Contraception and Campaign 2012

Morris Berman and the Decline of America

O’Reilly Defends DeGeneres, Ellen Chimes In

Tumbrils and the English Language

‘Crazy Horse’: A Study in Erotic Abstraction
By Richard Schickel

Political Divide
By Thomas Byrne Edsall

And Now, This Presidential Appraisal From Scarlett Johansson

The Questions Education Reformers Aren’t Asking

Dig led by Mike Rose

Financial Meltdown 101

A Dig compiled by the editors of Truthdig

Sacred Places, Civic Purposes: Should Government Help Faith-Based Charity?

E.J. Dionne
$22.95

The Dred Scott Decision: Law or Politics?

By Stanley Kutler
$4.49

Long Sleeve T-Shirt

$23

Sold

Posted on Aug 6, 2008

By Mike Luckovich

Click to see more Truthdig Cartoons

More Below the Ad

Advertisement

TAGS: crisis housing luckovich mortgage

Related Entries

February 9, 2012 Banks, Gov’t Strike $25B Deal in Foreclosure Fraud Settlement
January 30, 2012 Report: Freddie Mac Stacked the Deck Against Homeowners
January 13, 2012 Truthdiggers of the Week: Indiana University Poverty Researchers
December 31, 2011 More Austerity Coming to Spain
December 24, 2011 Occupy Jingle Bells

Email to a friend

Get truth delivered to
your inbox every week.

Comments

Are you a Truthdig member yet? Login now, or register with Truthdig.

By Montgomery C. Burns, August 8, 2008 at 5:19 am Link to this comment
(Unregistered commenter)

Hippy Pam, while I agree with you on the part of the mortgage companies providing easy credit to lure home buyers, it’s not that they held a gun to people’s heads and forced them to buy.

Many people have been swept up in the “reno craze”, TV shows that promoted the spending of tens of thousands of dollars on renovating homes. With access to easy credit, people bought homes they really could not afford and then did renovations they could not afford.

Caveat emptor.

Report this

By hippy pam, August 6, 2008 at 5:12 am Link to this comment

All Those Mortgage Companies That Floated “low interest-we can get a home for you NOW-no matter WHO you are or HOW MUCH MONEY you have or WHERE it will come from”-as well as the JOB SITUATION and the JOBLESS SITUATION-as well as FUNDING “BULLSH*T’s” bullshit-as well as RISING PRICES for NECESSITIES-as well as NO HEALTH CARE[along with a hospital/doctor situation that is criminal]-WHAT DID WE EXPECT TO HAPPEN???WE DID NOT PUT A STOP TO THESE PRACTICES BEFORE THEY GOT ROLLING…We just drove our SUVs-Bought our Waverunners-Gave our kids a day at the SPA-while THOSE WE VOTED IN TO POWER-LOOTED THE TREASURY…try these people in court for their crimes!!!!

Report this