Call me cruel if ye wish, but...

(part deux)

Ed McMahon is apparently in danger of losing his home, becoming like the other 1 million homeowners who have been foreclosed on.

He's defaulted on his $4.8 million mansion in Beverly Hills, California. I feel sorry for million plus homeowners who are getting screwed (foreclosed on) to the wall by these home mortgage companies who clearly have the ethics of a gnat.

However, I don't feel sorry for Ed. I like Ed. I wish Ed well in his neck recovery. But, your expecting me to help YOU save your mansion?...brother...please!!!

Even some of those million plus homeowners had it coming. I've read stories where people were CLEARLY and blatantly buying beyond their means, to the tune of buying a second house that they really couldn't afford.

A house and real estate is supposed to be an investment, via building equity. This is true. But, there comes a point when one gets too greedy in trying to build "wealth" and not lockup money they could put in a solid mutual fund to protect their ass when the shit hits the proverbial fan.

The whole "wealth" concept makes me want to puke anyways. All these scams on television claiming you can build "wealth." You know what "wealth" is? It's a number on a peice of paper...it's not cold, harsh, cash.