Quote:
Originally Posted by Barefootsies
In the end it doesn't matter.
The blame game is not going to solve the problem, and even if there was one man with a pointy beard behind a curtain pulling levers that controlled the fate of the world....
I am sure he does not have three trillion USD laying around.
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The blame game won't solve the problem, but knowing what caused it can help keep it from happening again.
Blaming cigarettes doesn't cure lung cancer, but it sure does help for the rest of us to know not to smoke.
To answer the thread starters question....we all fucked it up. Everybody wanted something for nothing, the realtors, bankers, homeowners, politicians, investors....EVERYONE.
Now, usually there are laws in place to protect us from turning the nations financial systems into a giant Ponzi scheme, the same way there are laws to keep us from turning the interstate highways into the Indy 500.
We need to get past this mindset that regulation is bad and holds the economy down. On the contrary, nobody can prosper when there is no rule of law.