Politics for me are mostly philosophical. My life is privileged and untouched by the concerns of most people for many reasons: the benign place where I live, the color of my skin, my profession, my education level, and my gender, and my heterosexuality.
As much as I would like to say otherwise, and as much time and effort as I put into it, the environment doesn’t keep me awake at night. It concerns me deeply, but I don’t stare at my clock wondering what I’m going to do about it, because I know that other than advocate, vote, and give time, and alter my practices, there’s really not much I can do.
But this mortgage situation. It does cause me to lose sleep. I make a ton of money, yet I’m paying too much of it into a house that isn’t worth what it was when I bought it, and I might lose it anyway. It’s emasculating, humiliating, and frustrating. I’ve played the game. I got the education, got the job, did what you’re supposed to do, but I’m not going to get rewarded for my mistakes. I’m going to get punished.
I’m going to possibly lose my house, not be able to afford children, or go on a vacation for a long long time. I’d love a bailout. I’d even love a bankruptcy that I could qualify for. But I’m not asking for one. I’m just saying that people who screwed everyone else and are still sitting on the deck at their house in the Hamptons—they shouldn’t be rewarded. That’s all.
The bailout should be paid for by a spike in capital gains and marginal tax rates. 50% of all income over $500k 2008 dollars, including capital gains. You don’t need more money than that to live, so fuck you.