In this thought-provoking clip, The Colbert Report’s Stephen Colbert dissects the real reason behind the mortgage meltdown. It wasn’t a matter of predatory lending, or irresponsible borrowing… it was actually a matter of honor:
“When you signed that mortgage you gave your word, and your word is who you are…
Banks Gave You a Mortgage in Exchange for Your Honor
In this thought-provoking clip, The Colbert Report’s Stephen Colbert dissects the real reason behind the mortgage meltdown. It wasn’t a matter of predatory lending, or irresponsible borrowing… it was actually a matter of honor:
“When you signed that mortgage you gave your word, and your word is who you are…
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