Yesterday I posted a rant titled "Let's Play the Real Estate and Mortgage Blame Game". Today I'm going to share a cute story about something my brothers did when they were toddlers. It has to do with blame.
I have twin brothers who are 3 years younger than me. When they were toddlers, they used to blame each other for everything. Considering they're identical twins, this was an effective method of getting out of trouble. It was hilarious because their exact words would be "Bubba did it!" I remembered this yesterday when I was ranting about all the people who were pointing fingers and blaming so many others for all the problems related to the current real estate market.
The funniest part about my brothers answer, happened when they were at the potty training age. My mom would ask them why they had pooped in their pants and they would say... you guessed it... "Bubba did it!" My mom would then ask them "How did your brother poop in your diaper?" and all they could say is "Bubba did it!" Aside from being hilarious, it's a preposterous answer when heard by an intelligent adult.
The absurdity of my brothers answer is similar to the absurdity of the real estate blame game. Not only is it impossible for a few unscrupulous mortgage brokers to have caused the demise of all B and C credit programs, it's just as impossible for the overall small percentage of speculators to have caused the entire country's real estate decline.
So the next time you read a blog or print article, or watch a news program that is doing nothing but stir the blame game pot, remember my brothers in their poopy diapers, insisting that "bubba did it!".