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Re: OT: McCains Howard Dean Moment.
I was resisting getting into this fray, but when I read this...
>
> Why isn't anyone angry at the morons that took out loans they
> knew they couldn't pay back?
....I finally had to speak out. This is the *same* line of finger-
pointing *blame crap* that *all* of the Repugnican Reich wing
neonconartist "fair and balanced"
Faux Noise TV, and radio "talk" show blowhards and gas bags are now
*repeating endlessly*, ad nauseam, and it makes me *sick* to hear it.
Yeah. Like those "morons" who lost their long time / good paying jobs
due to their jobs suddenly and without warning, either being
*outsourced* to some other country, or due to the "brilliance" of
some *way overpaid*, fat cat CEO who decided to downsize...oh excuse
me... to "restructure" a company for only the purposes of increasing
the profits of other fat cat stockholders, and then later even run
the company into the ground, but *still* walk away with a *huge*
severance package and a lifetime of other benefits. (Not to also
forget the millions that were already sitting in his / her personal
account, along with millions in stocks,etc)
Or, the "morons" who suddenly, and without any kind of warning, came
down with some *serious* or even life-threatening illness that put
them out of work for a *long* time, and / or wiped them out
financially, or that the same tragedy occurred to their spouse, or a
member of their family like their *kid* or a *parent*,etc.
Or, the "morons" who were first-time buyers and were maybe a bit
"green" about going into a mortgage situation for the first time in
their lives,
(and just who is an "expert" in *everything* for the *first* time
ever?) and were the victims of some aggressive, or slick, fast
talking predatory lender, a predatory parasite whom they *trusted* to
be "honest" and a "straight talker", and who was *ordered* by upper
"management" to sell, sell sell, and to do *whatever it takes*
to secure the deal... no matter what, including *lying* or some other
deception.
Or, the "morons" who were the targets and victims of the *sub-prime
scandal*? (Remember that? Remember Countrywide?)
And, there are other reasons why many "morons" simply got into
trouble with something that could happen to just about anyone,
but who originally *never plotted or planned* to do so.
These same "blame the little guys and morons" loudmouths are very
likely long time Rethuglicans who "conveniently" seem to "forget"
that it was over 12 twelve years of *Rethuglican control* over (haha)
"our" gov't that brought about all of the *deregulation* of the
banking and other financial "services" industries that opened to
these doors to being with, for what has led up to today. Let's just
call the blame game it what it *is*. "Weapons of Mass
Distraction" (and / or "Deception")_
And of course, in true Rethuglican neoconartist fashion, when the
sh*it finally hits the fan, then they turn around and try to *blame*
someone *else* for it. Same old crap from these vicious and greedy,
self-centered rats, every damn time. Typical bullies who will gladly
kick the little guy when he is down and attack any other more
vulnerable and / or less defensible folks. Check history for more
details.
I also agree mostly with what this guy Jeff below is saying, except
for one thing, and that is that for the greater part, no one was ever
*forced* to accept *any* credit card offer, especially any additional
ones, other than the first one they may have *had* to have gotten,
for the simple fact that it is next-to-impossible to get by in our
capitalist-dominated and "free" market country and globalization
world without one anymore. But also, when some folks are *constantly*
barraged with tempting card offers all of the time, and especially if
they have been stuck in the lower spectrum of wage earners for all of
their lives for *whatever* reasons, and reasons that may have been
insurmountable or out of their immediate control up to this point, or
also when they are *impressionable* and *inexperienced teenagers*, or
certain other types of "easy targets", then it is sometimes hard to
resist to finally succumbing to such offers, and many of those offers
that usually also have some *very fine print* that should be noticed
*closely*.
Kick the Rethugs *out* of office (and send a bunch to *prison* too)
and the watch how *fast* the nation (and the world) starts to turn
around for the *better*,
and then continues to improve, and also *never* allow the Rethugs to
gain full power *ever* again. Again, just check US political history
for the last 100 years or so, see what kind of "pattern" that ya may
notice? When the 'thugs are in power, the economy eventually heads
down the toilet, and ever larger deficits are left behind,
and the country is left in a *huge mess* for the Dems to have to
clean up, but not before a lot of Rethugs, and those masters who they
serve, have *gotten away with* a *lot* of the *tax payers'* money.
And when the 'thugs are in power, it is when *more wars* get started.
Some of history is there to be *learned* from , and *not* repeated.
Think about it...
-Rev. Fever
Portland,OR
> That's a tough one. For one thing, a lot of people probably thought
> they could pay back the loans--or at least hoped they could. When
> they discovered (later) that their interest rate skyrocketed, then
> they could no longer afford to pay. Second, I don't necessarily
> blame the consumers--at least not all the time. It's pretty tough
> to turn down the opportunity to buy a home (or take some other
> large loan) if someone is going to offer you the money. I blame the
> lenders, in other words. Another example: I have so many credit
> cards (and I get solicitations every week for more) with a total
> credit line of an obscene amount of money. Why in the world not
> just one bank--but several--would extend me credit lines of 20K or
> more, I have no idea. But they do. I could get in serious financial
> trouble very easily. Would I be to blame, or do the banks bear some
> responsibility as well?
>
> Jeff
>