Exactly the question I asked when people who couldn't afford to own a house (responsibly) were forced to pay to rebuild houses for people who chose to live in areas known to flood.
“No bail out! Why in the hell do people who rent, need to buy a house for someone who cannot qualify? People have to live within their means! Bailing out the system is rewarding stupidity. CEO’s should be going to jail and worse!”
I say stop keeping this dead duck alive. That’s all they’re doing. And evidently, just because you and I may be an exception, one does NOT have to live within their means. That’s the new economy that the dedicated handful around here have been for years telling us ‘morons’ to worship.
“Lie, cheat and steal’...that’s the new global economy. Just like Mexico, China, etc. When you sell out to third worlders, you start behaving like them. I refuse.
I’d like to see it all fall flat, so working hard to maintain good credit actually meant something again and honesty in business became the trend rather than the exception.
And as for ‘stupidity’....corrupt politicians like stupidity. It’s insurance.
Like I said, you don't have the slightest idea what's happening!