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Politics : View from the Center and Left
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To: Mary Cluney who wrote (126892)12/10/2009 6:02:53 PM
From: slacker711  Read Replies (2) of 541791
 
This had NOTHING to do with borrowers. NOTHING. NADA.

Absolutely awesome.

There is no such thing as personal responsibility. It is obvious that the banks held a gun to all those people's heads and told them to take out zero down ARM loans on homes that they could never hope to afford.

Personally, I understand those who apportion most of the blame to the banks. However, to take the position that consumers had nothing to do with the bubble just blows my mind. I am usually pretty good at seeing the other side of an argument, but I honestly cannot comprehend that point of view.

Slacker
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