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Old 01-15-2008, 07:05 PM  
Z
Vidi Vici Veni
 
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Join Date: Nov 2002
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I believe that the issue is a combination of the housing crash, the crooked passage of bankruptcy reform (after over 20 years of banks bribing, blackmailing and lobbying and only under GWB) and irresponsible, consumerist spending on the part of Americans as a society. Everybody wants to be like the Joneses, even if the Joneses are millionaires and the wannabes make $25k /yr.

Let's start with personal responsibility and go on to the blame game later.
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