"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
32 Percent Of Americans Would Have No Problem Walking Away From Underwater Homes
"A large number of Americans who are underwater on their mortgages would be better off financially if they walked away from their homes," Brent White, a University of Arizona real estate expert, told Business Insider in a past interview.
"They don't because we have a double standard ... individuals are told they have a moral obligation to pay their mortgages and corporations understand that contracts are to be breached when it's not economically efficient."
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