Quote:
Originally Posted by afc wimbledon
We have, as individuals, made massive use of easy credit that abandonimg the gold standard allowed, and while it has screwed us now because we are greedy selfish monkeys we are responsible for this mess, not the bankers, and the fix means living within our means, no more goverment programs, no more free education, no social housing, which is the exact opposite of what the idiots in OWS are trying to achieve.
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The bankers issue loans to both people
and their governments.
While personal debt is a problem not to be downplayed, the threat right now is governments taking on too much debt of their own, and on top of that taking on private debts from the "too big to fails" that can't be payed. The bankers and regulators have absolutely played a big part in this mess. I don't see why you're letting them and their servants in White House/Congress off the hook.
I agree though, that the OWS demands are very socialistic in nature, and will do nothing but lead us to more government debt slavery.