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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (126901)	12/10/2009 8:15:07 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 541851

<<<The bankers couldn't lend it fast enough because there was another helicopter right behind ready to dump more dollars.>>> Interesting. Bernanke forced banks to make bad loans. I don't think so. Of course I don't have the complete answer. But, I think people in banks and other financial institutions were caught up in a culture of greed. Look at all those kds coming of colleges and going to work for financial institutions making hundreds of thousands to start and becomng millionaires overnight. Look at all those people making millions per year. And look at those people making hundreds of millions - not over a lifetime but annually. But now we are blaming the poor schmoos who went bankrupt "borrowing" $500 000.00. Oh what poor and irresponsible jerks. Oh me, oh my.