Why in the world?

Market down big as subprime mortgages and retail concerns worry the market. What is a subprime mortgage? It is a mortgage with a ridicuously high interest rate driven because of the consumers poor credit. This interest rate is atleast 11% and often much higher. Even with mediocre credit, you are probably no higher than 7.5%. Well, surprise, surprise, the deadbeats who did not pay their bills are not paying now and so the lenders are suffering. First, lets address the consumer, why in the hell are you even willing to pay 11% or more? This is effectively wiping out most of your gains. Why not rent for a year or two and improve your credit? Now, lets address the lenders? Why are you lending to people that are irresponsible? Well, that's easy, the ridiculous interest your earning. Do I feel sorry for them now that all of these people are defaulting? No. Should the entire market be suffering? NO. So thanks to the deadbeats of society, everyone with money in the market is suffering. Deadbeats win again, they drive the market down, raise taxes because we have to pay for them to have "government" programs take care of them, and so forth and so on. Deadbeats, I for one am sick of your asses. Pay your damn bills! If you can't afford something with cash, don't buy it, period. What's sad is we, the people that actually pay their bills and work hard, can't win. If we took away all of the government programs, we would have even more homeless cluttering our streets and more crime as these deadbeats choose to steal and pillage to get what they want. This was a real feel good posts wasn't it?