Is A Celebrity Millionaire Losing His Million Dollar Mansion A Housing Crisis?
When thousands and thousands of hard-working Americans, saving every dollar earned to grasp the American Dream of homeownership, lose their home because of foreclosure, our country certainly needs to stop and re-examine its distribution of wealth.However, I’m sorry, but when Johnny Carson’s sidekick, Ed McMahon, is whining on the Larry King Show that he might lose his $6 million Beverly Hills mansion because of foreclosure, I just don’t think it’s the same.
The media is portraying this as another victim of the foreclosure crisis. I see this as another celebrity millionaire mismanaging his personal fortune.
The media needs to keep highlighting the tragedy of hard-working Americans losing their homes. Not reckless millionaires misspending a personal treasure that could literally permanently house hundreds of homeless people.
The headlines of a millionaire losing his mansion are certainly attractive. But they are not the main story. The main story is that our country is in a housing crisis that will certainly push more Americans into a life on the streets.







