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Originally Posted by Pico and ME
Why is it seen as alright to rescue big corporations and not everyday working people? Are their sins more forgivable or what?
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Originally Posted by classicman
Who said it was or wasn't?
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Originally Posted by Pico and ME
Classic, didn't these banks and financial companies get into trouble 'through no fault of their own, too?
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Originally Posted by classicman
Not in my opinion, NOT AT ALL.
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Originally Posted by Pico and ME
I have a major issue with giving these banks this corporate welfare and then not giving anything to the people on the front lines whose lives are more seriously affected by this mess. Not giving them help because it was 'their fault and bad decision making' when we are doing it for corporations is just plain sinister.
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I agree with that. I never said anything to the contrary. It still sucks that those who are paying their mortgages and their taxes have to bail ANYONE out.
I think you took my quote out of context. I believe the lenders are at fault. I believe the politicians that passed the laws which forced lenders to offer loans to people who really didn't qualify are at fault and I think that the people who took out loans that they knew or should have known they couldn't afford are both at fault.