But doesn't this assume that the individual is incapable of making decisions for himself? If we accept that as a premise it has profound implications for a free society.
Where do YOU live?
Lemme tell ya, I'm getting more socialist every day. I'm a conservative Republican, y'know, and that means more money for the National Endowment for the Arts, Big spending programs in prescrip drugs, open borders and amnesty--
You can get all theoretical and libertarian on me--but I say that a lending institution has responsibilities of its own. And if it goofs up, they shouldn't have brand new bankruptcy laws to help them out.