Absolutely it's government - both parties, several different policies - and greedy execs at fault. ALSO, a passel of private citizens bear a significant burden of responsibility for taking out loans and mortgages they knew (or should have known) they could not afford once the sub-prime period expired. Bottom line: irresponsibility and greed have come home to roost. As was absolutely inevitable.
Yes, yes, and damn, yes.
I was utterly freaking out after I read the text of the very first Paulson plan. It gave one man control of $700 billion dollars. And that man's actions and decisions were not reviewable by Congress or the courts. Say it with me, kids: unconstitutional.
The scariest part of all is that the Constitution is being IGNORED. *clutches tattered shreds of Bill of Rights* I mean, the Constitution is...whatever the secular word for 'sacred' is.
no subject
Yes, yes, and damn, yes.
I was utterly freaking out after I read the text of the very first Paulson plan. It gave one man control of $700 billion dollars. And that man's actions and decisions were not reviewable by Congress or the courts. Say it with me, kids: unconstitutional.
The scariest part of all is that the Constitution is being IGNORED. *clutches tattered shreds of Bill of Rights* I mean, the Constitution is...whatever the secular word for 'sacred' is.