I would argue those people maybe shouldn't have bought and maybe they would not have even qualified for a fixed so the "choice" was moot.I shudder to think of the billions (maybe trillions) that Americans have spent in interest on their fixed mortgages over the past 30 years because they felt like fixed was what they were supposed to do.

Most Americans live from check to check.

Uncontrolled" SEC, absurd leverage level raising decisions, rating agencies ratings for sale, bankers looking for bonuses rather than being responsible, and consumption irresponsibility at all levels of our society caused this and nearly put the world into a depression.I watch the upcoming lawsuits versus the rating agencies with interest, but why do I feel they will walk with a symbolic slap?

Americans are free to own foreign corporations and to choose who they will be influenced by.

Try Stewart or First American.

That's had a big impact in my opinion, and it is part of the reason that 12 million Americans who used to own, now rent.

I know the "Toto-istas" will mock me, but I'm a believer in the dirt cheap American Standard Cadet 3.

Depends on what society strata you are doing business in.

This will be the biggest driver of change since the Internet.This will eliminate the #1 killer of Americans ages 4-34.Very few will own cars as the nearest car will pick them up cheaply and drop them off at the door of their destination.Goods will be shipped for almost nothing.

More and more it becomes evident that one of the biggest problems in our society is the mentality of “something for nothing.”