More than 2 million people have a foreclosed home, so it’s not the end of the world. Really! The “American Dream” is a marketing slogan cooked up by bankers after World War II to sell to young families in newly developed 1950’s suburbs. The real American Dream, the one that drew so many immigrants to our shores, is about freedom. Freedom of thought and choice. Freedom from government, religion, education, science, or community having control over your thoughts and choices. It’s certainly not about a banking product, which is how lenders see your mortgage and home: merely a profitable product. In fact, it’s not a coincidence the term “mortgage” comes from Old French, meaning “death pledge.”
David Zalubowski/AP/File
