View Single Post
Old 02-17-2013, 09:46 PM  
DTK
Confirmed User
 
DTK's Avatar
 
Industry Role:
Join Date: Feb 2002
Location: The 510
Posts: 4,545
Quote:
Originally Posted by sarettah View Post
He lumped everyone who lost out into the group who borrowed too heavily.

There have been many many people who have lost pretty much everything who did nothing wrong. They lost their jobs and from there lost everything else. The people who defaulted on loans are just the tip of the iceberg.

I stand by the analogy, you don't blame all the victims because some of them appear to have brought it onto themselves.

.
Exactly. The collateral damage was massive.

Again, check out Inside Job for a blow-by-blow of the Crime of the Last Couple Centuries.
__________________
Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky.
DTK is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote