Pat Buchanan, is one of America's leading conservative voices, a political analyst and regular contributor on MSNBC Morning Joe Show!

He is also out of touch with reality and doesn`t quite understanding what transpired in the housing market.

Pat believes the public is responsible for their actions in regards to the "Housing Crisis" he uses the term "Risk" as if everything should be pointed directly at the poor schmuck who purchased a home. Millions of people are underwater with their homes and Pat wants the public to accept the entire blame and be done with it!

It`s always amazing when the pundits of conservatism speak without knowing all sides of a disgusting story. 

He forgets to mention the lenders who gave these loans to the public, the "teaser rates" they encouraged the unsuspecting homeowners to take advantage of. It`s scary, when I used to deal with buyers and we were looking at homes in their price range only to contact a Mortgage Broker who would tell them "Great News" you can actually afford to purchase a home $100,000 more than originally thought!

Naturally, these home buyers would immediately listen to the professionals guide them! Why not! Isn`t that the  job of the lenders to give an honest and open opinion and not steer the public towards purchasing a home they couldn`t afford in the first place?!

How does Pat forget to mention this tidbit of info?

Shall we discuss the "Home Builders" such as KB Homes,Toll  Brothers, Engle and DR Horton who would run huge ads on "preconstruction homes". Homes that were get this "affordable to the public". Who can forget the inflated appraisals these builders were able to get the lenders to approve on site!

I remember the days of the preconstruction era because i was smack in the middle of the frenzy. We would take potential buyers to these model homes. Speak with the builders representatives and they in turn would introduce them to the on-site lenders such as Wells Fargo or  Countrywide Bank. Guess what would transpire next? The buyer would be told they could afford a home with 100% financing,the builders would throw in a free upgrade or three in order to get these home buyers to sign on the dotted line that day!

Pat doesn`t understand it`s not the public`s fault.Than again,why should he? He gets paid a hefty salary for consulting jobs he does for these people so quite naturally, he`ll say anything to defend his croonies.

What`s up with that Pat? Why don`t you come clean to the general public? 

I`m truly sorry for people like Pat who can just shrug their massive shoulders and go on TV , lay blame on the "Little Guy".. Wonder why Pat doesn`t disclose who he gets paid by and why he goes on the "Morning Joe" show each day spewing a conservative opinion that benefits his rich banker friends...

I guess it`s all in a days work for him, who knows!!