Comments by "bengolfs1" (@bengolfs1) on "Nightly News Full Broadcast - October 3rd" video.

  1. Those living along the Orange County coast couldn't care less about the ecological disaster. They're mainly concerned about how it will affect their home values.
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  2. As long as people define and equate their "American Dream" to property ownership, we will continue to see unqualified buyers becoming overleveraged and subsequently defaulting on their loans when the inevitable correction occurs and their house value drops by 50%+. Of course, there will be unscrupulous loan officers, listing agents, and banks who will rubberstamp any deal they see just to collect a commission. Saw it in 2006, and will probably see it in the next year or so.
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