Quote:
Originally Posted by Mr.Coffee
The financial industry, banks, the greed, it's all exactly what is wrong with the world today and the reason for this recession.
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And it had nothing to do with Americans sense of entitlement? Nothing to do with their supposed right to "a big house, two cars, all the latest gadgets" and the ridiculous loans they took out to get these things? I'll be the first one to admit that the banking industry in the US is messed up and what some people did was horrible. It's clear it needs to change. However, it's way to easy for people to throw all the blame on these large corporations and completely ignore the fact that they also played a huge role in all this. Did the banks deceive people and approve loans that shouldn't have been approve? Yes and it was wrong and irresponsible of them. But, how could anyone with common sense think that taking out loan after loan after loan that you clearly couldn't afford should rates change was a good idea?
These people protesting now don't actually want change. They just want their big houses, cars and gadgets back. While its awesome for them to cite the way Scandinavian countries are set up and how awesome they are (I personally do think these countries do have pretty good systems) I can guarantee you if you told them they'd have to pay out half their income to the government, everyone would abandon ship.