mrstickball on 25 February 2009
| akuma587 said: So, I guess those banks who gave out all those loans and the people who entered into those loans aren't to blame right? Neither is Wall Street who gorged themselves on these things like a fat family at a Chinese buffet? Let's not blame the person who shot someone or the person who shot themselves. Let's blame the person who sold them the gun! But let me guess, you guys are anti-government regulation on guns. |
I find the analogy of a gun shooting humorous, coming from a left-winger.
Who argued that it was only the governments fault? Businesses and people share part of the blame. However, the government initiated the bad behavior. It's not like banks were clamoring 'let us give loans out to poor people with bad credit!'. If the government decided to remove all alchohol and tobacco tax tomorrow, do you think there'd be more smokers and alchoholics? I think so. And that's the same line of logic that led us to this mess.
Everyone caused this. The governments incentivized bad, risky, and stupid behavior by the banks. The banks became predatory, and the people bought into it hook, line and sinker for 'the American dream'
Back from the dead, I'm afraid.
