I’d just like to add to the general cacophony online for a moment: I’M PISSED OFF!!!
Here I sit, in my mortgaged-with-20%-down house and ZERO credit card debt, watching my government prepare to rescue reward bail-out companies who made reckless, irresponsible, and criminal lending decisions to people who couldn’t afford their payments and did not hold up their end of the social contract.
Every last one of these players shares in the responsibility. Between them, they’ve managed to bring the global economy to the brink of a complete meltdown… but the price will be paid by those of us who did, in fact, play by the rules.
Very nicely done.