Dream St.? Wake up
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Re “Down on Dream Street,” Opinion, May 31
I think that more appropriate names would have been “Dishonesty Street” or “Opportunist Street.”
After telling us the story of a family that walked away from its financial obligations, Douglas McCulloh writes that “it’s oddly refreshing to see the little guys face down an international financial power and emerge on top.”
Is he serious? Is running away from responsibility and cheating the system considered facing down a financial power?
Our country is in a mess because of people like that family -- buying properties they cannot afford and abandoning them when their investment doesn’t give them the return they hoped for.
Roy Maclean
Santa Monica
So the family on Dream Street stopped paying the mortgage, stayed in the house until it was foreclosed, then “pooled” money for another house that they bought after the housing bubble they helped to create burst, dug up the palm trees in the yard -- and that is “sticking it to the man”?
That family defrauded the bank, the mortgage company and the taxpayers.
These “small thieves” are, with substantial help from greedy financial institutions, destroying our economy.
I believe their actions have caused healthcare, education and jobs to disappear and have made it hard for honest people to afford a house.
We need to enforce bankruptcy laws and pursue criminal prosecutions to avoid repetitions of such “deals.”
Linda Bolard
Brea
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