Quote:
Originally Posted by Ozy_Flame
I didn't. I said a good swath of them lost their livelihoods due to reasons beyond their control.
Personal responsibility is very much a pertinent thing that caused people to live beyond their means. However, the system allowed for it. There were no restrictions, no warnings, no red flags - as long as the rules were wide open, banks had no problem letting the abuse continue. I believe this has already been beaten to death with the keyboard stick in this thread already.
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Unfortunately, the system with all the flags, controls, and warnings is much much worse.
If people can't control themselves then we can't expect the government to either.