Did the working class own predatory lending outfits?
Did the working class dream up the Adjustable Rate Mortgage?
Did the working class own the media conglomerates and other institutions who since the end of World War II have pounded into every American's skull that home ownership is part and parcel of the increasingly elusive American Dream?
Did the working class run the real estate industry? The insurance industry? Wall Street? Madison Avenue? K Street? 1600 The White House/Capitol Hill? Hollywood? Or Silicon Valley?
Oh, one last thing:
Did the working class buy all those now-foreclosed McMansions in suburbia?
The following Lending Tree commercial from a few years back was a (now not-so-humorous) augur of America's precarious house of cards that rested on good old-fashion industry- and government-fostered consumerism and addiction to credit.
See for yourself . . .