Another update from Bailout Nation:
Schoolteacher Shana Richey misses the playroom she decorated with Glamour Girl decals for her daughters. Fireman Jay Fernandez misses the custom putting green he installed in his backyard.
But ever since they quit paying their mortgages and walked away from their homes, they’ve discovered that giving up on the American dream has its benefits. . . .
“It’s just a better life. It really is,” says Ms. Richey. Before defaulting on her mortgage, she owed about $230,000 more than the home was worth. . . .
Ms. Richey’s family of five used some of the money to buy season tickets to Disneyland, and plans to take a Carnival cruise to Mexico in March. Mr. Fernandez takes his girlfriend out to dinner more frequently. “We’re saving lots of money,” Ms. Richey says.
Nice to see they’ve taken the advice of liberals like “banking terrorist” Bruce Marks and “gotten over their sense of responsibility” and can enjoy the benefits of walking away from their bills. I wonder if the taxpayers stuck with hundreds of billions in bailouts will ever be able to do the same?