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Leave It to "The Onion"

posted by Angie Littwin

After John's thoughtful post on the sub-prime meltdown yesterday, I thought I would respond in a less thoughtful vein:  via everyone's favorite satirical newspaper, The Onion.  Today, it posted its reaction to the sub-prime mortgage crisis with a "Statshot" ("A look at the numbers that shape our world") entitled "How Are We Paying Off Our Subprime Mortgages?" It is worth a look for some gallows humor on a difficult topic. My favorite response -- provided by 17% of the paper's fictional respondents -- is, "Getting a job at loan office, bringing down company from inside."


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» How Are We Paying Off Our Subprime Mortgages? from Consumerist
But with liquidity drying up, the last, and most hilarious, option is probably shrinking... [The Onion via Credit Slips]... [Read More]


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