Dear Bloomberg & Financial Advisors: They can't get a HELOC & don't want to sell their homes - Mandelman Matters

``I'm especially fond of youngsters who opine on how much I should be saving for retirement, or how only a moron would carry a balance on a Visa card for more than a month, without even pausing to consider that it was their braces... their True Religion jeans... their plane tickets to Cancun for Spring Break... followed by the drawers full of iPods, Game Boys and digital cameras, and that's to say nothing about the remaining contents of my garage.''