Great Letter on Moral Hazard
From Free Market Politics, via Ben Cunningham:
Dear Wells Fargo:
I'm writing to inform you that I have decided not to make my next eight (8) mortgage payments. There are nine (9) rooms in my home; I only have one (1) high-definition television. You do the math. If you have any questions, please feel free to contact Treasury Secretary Hank Paulson. He is responsible for keeping me in my home. Whatever that means.
Best Regards,
Jeff Lehner
