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Bankers Questioned on the Street

From Lori Harfenist of theresident.net:

How/why the **** is it legal to inflate the value of homes, property, or other assets to the point where a market downswing would mean the disappearance of trillions of dollars? To me, that sounds like nothing more than the behavior of someone with a gambling problem—except this addict just happens to be a collection of bankers who just pissed away all our tax money. And that pisses me off.

I certainly don’t take high risks that might cost other individuals their homes. Why/how the **** can these suits? And how can the government think a bailout will be anything but a band-aid, and a cheap, generic one at that? You know, the kind that falls off after an hour of minor bending?

I don’t want to see this country fall into a depression any more than the next citizen, but it seems like it was this kind of irresponsible risk-taking that got us into this mess. I don’t think it’s going to get us out. We need to change our behavior here—as a nation and as individuals—and until that happens, we’re just going to continue to keep sliding further into debt, until Mexican pesos finally are worth more than our dollars. Just my devalued two cents.


 

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