just as the rethuglicans have an almost genetic aversion to ever blaming corporations, leebruls have a similar aversion in the opposite direction---in their minds, the "little guy", the "poor families", etc. can never behave in a greedy and reckless manner, and that all their miseries are the direct result of deliberate exploitation by corporations.

the dumfucks who took on mortagage loans (a) with zero or very little down payment, (b) without understanding the inherent risks in variable rate long-term mortagages, (c) without adequate savings cushion, and (d) with the assumption that house prices can only go up and they can buy beyond their means and needs, ...

these dumfucks deserve to have their homes foreclosed, deserve to be driven out into the streets and into destitution, and deserve every bit of suffering they get.

it is just as wrong for the government to bail out these irresponsible shits as it is wrong for the government to bail out the thugs that thought they could get away with taking risk on a much larger scale.

 

bailing out the risk-takers (who apparently do not seem to understand that risk means the non-zero probability of _suffering_ a loss and its attendant hardship) is a direct penalty on conscientious savers, and is a greater crime than letting these shits (the low income variety and the corporate bigwig variety) suffer. 

by neo on 09/18/2008 09:34:22 PM EST

Your understanding of the entire housing meltdown is tenuous at best. Its been reduced by you  to   the  oil rigs are good because fish swim around them logic of grandpappy Mc$ame.

dumbfuck


by Chinese Democracy on 09/18/2008 10:46:49 PM EST

[ Parent ]

How are you allowed to just say somebody doesn't understand the situation without addressing what s/he said?

by publius on 09/23/2008 03:43:15 PM EST

[ Parent ]
I don't think these bad credit families are blameless, but its not their job to turn themselves down for loans.  To single them out, and not the broken system that allowed this to become a threat to the global economy is strange.

by publius on 09/23/2008 04:00:20 PM EST

[ Parent ]