The Upside of the Mortgage Crisis

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It’s hard to believe that most Americans aren’t re-thinking their lifestyle choices in the wake of the economic meltdown we’re navigating. I know I have, and what I’ve mostly been thinking about is how to stay out of debt, slash expenses, build up my savings (now that I live in an economic banana republic), and downsize without sacrificing more comfort than I can sustainably live without. If you thought you were thinking outside the box on insulating yourself from economic turmoil and simplifying your life, check these folks out:

Bill and Sharon Kastrinos practice the ultimate in minimalism. They’ve squeezed into a 154-square-foot home that looks more like a kid’s playhouse than their previous 1,800-square-foot home….

The house cost them $15,000, and the utilities are a mere $15 a month. The couple now live on property owned by their daughter in California wine country, where the average home in 2007 cost $725,000. If they want to leave, the home has wheels and can be pulled behind their vehicle and plugged into any RV park in the nation.

Turns out, there’s a boomlet growing among homebuilders developing this new specialty: dollhouses for people.

I’m pretty sure I’m too cosseted to live in a former walk-in closet, but it does have me realizing that there’s much, much more fat to be cut from my wasteful, self-indulgent lifestyle. Stupid lattes come to mind.

When I shed nearly all my possessions and went off to a law school dorm room (from a townhouse) at 32, I remember how freeing it felt. In basic and officer’s training, it was equally liberating, after the initial shock, to live so spartanly. Not to mention cheap as bloody hell. If it couldn’t fit in your wall locker, you couldn’t have it. Once you couldn’t have it, it wasn’t long before you realized you didn’t need it. It was also equally quick to forget that lesson once let loose in the world again to acquire and acquire and to forget how little it takes to be happy.

So, these folks have shamed me a little. I’m going to go now and count the pairs of shoes I own. Then I’m going to count the ones I actually wear. Then…I don’t know. But that photo of the tiny house on wheels just went up on the wall above my laptop.

Only four inches of floor to mop. Just a coupla drawers of clothes to launder, fold, put away. No tchoktes to dust, no mortgage. Utilities paid from the change jar that would probably fit under a Murphy bed. A lifestyle that would allow you to choose a job you loved.

So, maybe the mortgage crisis will scare us wasteful, greedy Americans into so distrusting the bwanas with our economic futures that will come to envy our neighbors for the smallness of their house, the scarcity of their possessions and their lack of gainful employment.

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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