| Kasz216 said: Also, i'd argue that people have the right to loans they don't understand. Though they should also be smart enough not to take them.I don't believe in the government protecting people from themselves. People should be given the best education they can, they be allowed to make all the stupid decisions they want to make. The only time the government should step in is when the buisnesses at hand are being misleading. |
Look at what you've typed. You add an allowance for the government being able to step in, yet argue against regulation. If you're against regulation, predatory lending should peachy keen to you. What specifically is it about regulation that you are against? Cost vs value? Principle?
I find it ironic that many democrats are labeled idealists for believing in government being able to handle certain tasks efficiently, yet I see much more idealism in believing in positive results from a purely capitalistic corporatist empire. What we have right now with these taxpayer funded bailouts is corporate welfare.
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