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A comment on I've watched the economy for 30 years. Now I'm truly scared. Parent comment

Re:I've watched the economy for 30 years. Now I'm truly scared by anamax on Monday September 29, 2008 @12:01PM (#318442)
Since we're not going after the politicans who "encouraged" the no-money-down loans and took campaign contributions from Fannie and Freddie, it's unclear why you're upset that the financial execs aren't taking a hit.

If you're renting because you couldn't afford to buy or you bought what you could afford, should you pay to keep people in houses that they can't afford?

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Re:I've watched the economy for 30 years. Now I'm truly scared by adrianwaj on Monday September 29, 2008 @04:58PM (#318813)
They should be out of their houses. They are lucky to have lived in such houses in the first place. Also, those that acted improperly should be brought to justice. New rules should be in place to stop this from happening again. The greed and vice that led to this won't go away with the bail out. Power is all too abused.
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Re:I've watched the economy for 30 years. Now I'm truly scared by trevelyan on Monday September 29, 2008 @09:54PM (#319176)
The housing market is a distraction guys. The problems are with derivatives.
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