It certainly wasn't brad's intent that this site be an aggregator of McArdle commentary, but that's the role I've been filling lately, as an apparent psychological aversion to visiting Asymmetrical Information worsens.** Maybe the enterprise-crushing new mental health insurance regulations can provide a cure for this syndrome. Or I'll be able to sit in a comfy chair & prattle about my problems to a trained professional three or four times a wk., for free! If Megatron didn't have a blog she'd doubtless be doing the same. (One's friends can only take so much.)
Alternately, Megan might be blathering on the radio, as aimai (Please, drive carefully!) of No More Mister Nice Blog has so kindly summarized (& linked) for all.
Commenter Wendy states the obviously obvious that I've missed in this "walking away" thing:
I don't get why it's so bad to walk away. The bank isn't left holding nothing. It holds the house. That's the whole point of a mortgage--if you can't make the payments, you hand the bank back the house.D'oh!
*Tiniest of silly little quibbles: Radio (even/especially NPR) & "real life" have no more to do w/ each other than absolutely necessary.
**- brad adds:
Yep. Right now I keep meaning to start working the beat again, go over there, see her name, and decide dusting my bookshelves is a far more useful way to spend my time. I can't bring myself to start reading. I'm a culture warrior at heart, but right now I just don't care. I'm not surprised she's still rising, the ability to kiss ass and network and toe the company line with vigor will always win out over actual talent in corporate culture, it's just the nature of that particular corner of hell. Fake nice doesn't require any effort to respond to but its underlying passive aggressive nature takes a lot out of real humans.