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Originally Posted by Haight
I don't understand the part in the parentheses. Can you explain that a bit?
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People that takes loans they can't afford, and/or not understanding what was going on. They are stupid. Being stupid is not illegal and exploiting them is not illegal, at least not yet.
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Hmm. . . so there are no victims, yet you state that people should be punished for "defrauding people."
I'm confused. Aren't the defrauded people victims?
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A bailout is a reward to those committing fraud and those that made high-risk investments. If you had a kid and they did something you consider wrong, do you give them candy and say "good job"? We can't guarantee every investment will always make money, either.
No, our money should not go to them.
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Disclaimer: The above is my opinion and mine alone, it does not mean I cannot change my mind, nor does it guarantee that my comments are related to any deep-seated convictions. Take everything I say with a whole snowplow worth of salt and call me in the morning, if you can.
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