By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Avinash_Tyagi said:
As I pointed out, your argument also falls flat on the basis of your own beliefs, on personal responsibility, doing something stupid and then whining that the government made it too easy for you to do that stupid thing only shows that you were an idiot, it was their responsibility not to give out bad loans, and the consumers not to take them, so blaming the government is disingenuous, the government didn't forec them to make bad decisions.

Hardly. People are still responsible for making or accepting bad loans, sure, but the government is also responsible for incentivizing such reckless behavior.