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Old 09-02-2011, 03:38 PM  
Sly
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Join Date: Sep 2004
Location: Austin, TX
Posts: 31,373
Quote:
Originally Posted by Caligari View Post
Are you fucking nuts? So banks should just be allowed to do whatever the fuck they want?
No.
What really needs to happen is that banks are held accountable and by law cannot pass the bullshit onto the customer, the losses must be absorbed internally.

And if they do try to pass the shit onto the consumer they should be fined double the amount and so forth.

The banking system is out of control to the detriment of the world and needs to be completely re-defined.

On the consumer end, if a person knowingly tries to buy a McMansion he cannot afford he should be equally pimp slapped hard.
I don't think he is saying it should be allowed. I think that he is saying it is the unfortunate reality of things, and I agree. I disagree with your assessment that consumers will not pay the price, they always do. Take a look at the salaries of any CEOs or upper-level management. They have not changed, they have only increased.

The price gets passed to the consumer. Always. No clue what the answer is.
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