Quote:
Originally Posted by Max2147
You also have to remember the banker whispering in their ear "Yeah, take out that loan! Look at how your house value is going up, it'll go up forever and you'll have no trouble paying back the loan!"
There's no one single group at fault here. Each was encouraging the other.
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True, there is alot of blame to go around. But I think SteamWake's example above is used to detail the federal government's outlook is in regard to this crises. Spend, spend, spend, with money we don't have and pass on the debt to future generations wwhen these people are no longer around to be held accountable.