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The price of luxury

Posted by patriot on March 28th, 2008

CNN posted this sob story all over their front page yesterday:

When she was laid off in February, Patricia Guerrero was making $70,000 a year. Weeks later, with bills piling up and in need of food for her family, this middle-class mother did something she never thought she would do: She went to a food bank.

It was Good Friday, and a woman helping her offered to pay her utility bill.

“It brought tears to my eyes, and I sat there and I cried. I was like, ‘This is really where I’m at?’ ” she told CNN. “I go ‘no way;’ [but] this is true. This is reality. This is the stuff you see on TV. It was hard. It was very hard.”

Reading a little further yields this nugget of information:

She has had to take extreme measures to pay for her interest-only mortgage of $2,500 a month.

What in the world is a single mother of two doing in a $2,500/month interest-only mortgage? This is the price of luxury. And CNN thinks we should feel sorry for these people? They’re suffering the consequences of their own choices. Nobody forced her to take such a horrible loan.

You reap what you sow.

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