Why are the people that caused the economic crisis not held accountable.?
The average American. It wasn't the fat cat CEO's that caused this it was the people that took out so many loans that if one person lost their job they could not pay all their bills. Everything the fat cats have done wouldn't matter if the people were not so far in debt that they could not make it on unemployment till they find another job. I have never been in debt. I paid cash for my first car and house and every car and house since. It isn't hard and I started with nothing. I did not catch any break that was not easily available to any other American, I just worked harder and was more responsible with the child having. Why should everyone have to suffer because some people bought things they could not afford. It just makes me sad to think about it. The republicans tried to stop the sub prime problem before it got too bad but the dem ran congress shot it down very quickly. Bush JR of all people warned of it. The way I hear all the card carrying dems talk about how stupid he was if he saw it coming what does that say about your leaders. Plus nobody ever convinced me to take out a loan. I have never been in debt in my life so you would have to be at least dumber than me to take out a loan you couldn't afford. I'm sorry Dimunitive Juarez Griffin but the republicans had control of both houses once under bush and once under clinton and that was it. You really can't blame this on them because hey they tried to fix it and well if it bothered the dems that bad they could have fixed it whenever they chose they ran the house and senate at the first of Clintons first term the first of his second and everything after the second half of bush's first term.
Asked By: Hello Peps - 5/9/2009
Best Answer - Chosen by Asker
The people responsible for this economic crisis cannot be held accountable because many of them are politicians... More
Answered By: SCOTT M - 5/11/2009
Additional Answers (9)
These 'average' Americans you speak of have been seduced for years and years with materialism in the mainstream media, making them feel their lives are better or more complete when they have a lot of nice things. So, therefore, it's not merely average Americans faults; It's a lot deeper than that.
Answered By: Pənny Proud - 5/9/2009
AT ANY POINT IN HISTORY... More
Answered By: g - 5/9/2009
You're right. But pointing out that a lot of average people were irresponsible doesn't help anyone get elected. Demonizing Wall Street and promising to take money from the greedy and undeserving rich in order to redistribute it to everyone else buys votes. That's why this has been spun the way it has.
Answered By: J P - 5/9/2009
I see your point, I really do... More
Answered By: Dimunitive Juarez Griffin - 5/9/2009
The fat cat bank owners disputed the American people into their loans, caused by the deregulation of the sub primes by the Republicans. Why do you choose to side with the greedy bankers and dispute the American people? Greedy @ss neocon.
Answered By: Donovan - 5/9/2009
Wilson, FDR, Ike, JFK, Nixon , Reagan, are all dead. Do you think we might exhume them and hang their dead body's. Good idea. Carter, Clinton, Bushs I and II, I am sure I left out some.' But OK. I think most of all of them had guilty administrations also. Kissinger last but certainly not least.
Answered By: BOW2HUSSEINORFEMACAMPFORU - 5/9/2009
I wont' go along with your concept that it is "easy" to pay cash for everything. That is not realistic... More
Answered By: wendy c - 5/9/2009
yeah cant wait to see bush in cuffs...
Answered By: rfn41 - 5/10/2009
There has only ben one sacrificial lamb and his whole business was a scam. Madoff is the one person to show bankers what could happen. I think there is an pervasive and criminal element in the banking system and big companies. The public will never see this but they need to be prosecuted to repay the many people that... More
Answered By: Pablo - 5/12/2009
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