| Re: Who is to blame for the financial position we're in?
Well some of these "loans" were what is called predatory lending.
Lend someone money and lead them to believe there payment will be fixed. After a year or so their payment increases drastically.
I blame the companies, as well as the government. I don't really blame the people who took out the loans.
I think our whole system is flawed thoughed. That game is rigged for the upper class. Our social system has become a fixed system for the most part. Whatever you are born, you will stay more tha likely. You have almost no chance to move up the ladder any more. The days of working hard to better yourself is gone. Hard work means nothing anymore.
A very sad state our country is in indeed.
__________________ There'll be no sorrow there, no more burdens to bear,
No more sickness, no more pain, no more parting over there;
And forever I will be with the One who died for me,
What a day, glorious day that will be. |