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Politics : View from the Center and Left

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To: Maurice Winn who wrote (211981)12/17/2012 5:28:22 PM
From: Steve Lokness  Read Replies (1) of 541249
 
<<<<< When people borrow too much money and pay too high a price, it's their choice.>>>>

Again your reasoning is just bizarre. You seem to have trouble distinguishing the difference between individual catastrophes and the economic meltdown that brought our country to our knees. If a person borrows too much and can't pay it back that is individual event. When banks bundled thousands of mortgages in risky instruments that they then turned over to other investors - that is an event that effects the well being of our economy. You - I think - are blinded by your ideology.
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