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Originally Posted by nation-x
What a crock of bullshit... just goes to show how ignorant you are of what actually occurred... not once in that diatribe of ignorance did you mention mortgage backed securities, Credit Default Swaps or short selling...
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All of what you mentioned went on, and yes, the banks are guilty.
But so is my buddy who barely made $70k a year but took out so much money against his house that he had ever toy known to man. I mean, seriously. They took out like $150k against their house - bought a boat, a motorcycle, atvs (plural), a jeep, a $60k truck.... These people are just as guilty. It was these people who did this that are just as guilty. They spent this money buying toys, cars, etc etc etc - which just boosted the economy.
Our society is all about "me me me me". It's never "my fault" when we can just blame it some someone else.