“You want to blame banks for lending to stupid or irresponsible people.
I want to blame people for being stupid or irresponsible.
Mine is a conservative viewpoint. Your’s is a liberal victimhood viewpoint.
Clear as day.”
No, it is NOT conservative, nor is it clear as day.
Banks should FAIL AND NOT GET BAILOUTS WITH TAXPAYER MONEY FOR THEIR STUIPD MISTAKES. That would be conservative, and not the FASCIST bull you are trying to sell.
SOCILAIZED losses and PRIVATIZED gains is FASCISM.
Debt slavery is NOT capitalism.
“Banks should FAIL AND NOT GET BAILOUTS WITH TAXPAYER MONEY FOR THEIR STUIPD MISTAKES.”
Agreed. And borrowers who borrow stupidly should face the consequences of that choice.
If you read my posts you will see that I have advocated for banks that make stupid bets to fail, so maybe you are missing the point. My line of reasoning is simply do not punish risk taking, and do not fail to recognize that responsibility for irresponsible borrowing also lies with the borrower. If you think that is fascism then maybe you misunderstand the meaning of fascism.