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Obama XXII: Occupy the White House

  • Thread starter Thread starter Priceless
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Re: Obama XXII: Occupy the White House

Kepler said:
The problem was the people who wrote the loans had no personal stake in making sure they could be repaid. Whether it is evil public sector villains or blessed private sector saints, the way to stop it from happening again is for the guy approving lending to know that if the checks bounce he, personally, is going to either the poorhouse or the big house.

There's plenty of room on the gallows for Goldman Sachs and the Senate.
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Bingo. And any system that supports as ****ed up a scenario as that has no business being part of our society.
 
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