10-30-2008, 02:51 AM
Good points made by all. It's complicated for sure.
One assumption I challenge is that most Americans are smart or resourceful enough to research using the internet like we all do easily.
There are lots of undereducated people, lots with limited or no internet (believe it or not), and those who put too much trust in the bankers/mortgage pushers.
Nobody is blameless, and downturns happen, but bailouts seem like rewarding bad behavior to me.
When your kid lies, do you give them a big cake?
One assumption I challenge is that most Americans are smart or resourceful enough to research using the internet like we all do easily.
There are lots of undereducated people, lots with limited or no internet (believe it or not), and those who put too much trust in the bankers/mortgage pushers.
Nobody is blameless, and downturns happen, but bailouts seem like rewarding bad behavior to me.
When your kid lies, do you give them a big cake?