Jane

Misguided Policies

It's not just mortgage brokers and real estate agents who are delusional, you can add homebuilders too. Their plea for a bailout and govt tinkering w/house prices is evidence of that. I am thoroughly disgusted with America's corporations. They spend zillions every year lobbying for less accountability for themselves and claim it's about capitalism and in some way good for the consumer. But when their greedy, stupid, even criminal business practices drive the economy off a cliff, they suddenly turn socialist, but only for their own benefit as usual. These companies deserve to fail, and frankly many of their upper management & CEOs should be doing prison time. They've been immune from indictments by paying fines to govt agencies or getting no punishment at all. The same actions by lesser companies have resulted in bankruptcies and even arrests. There is no good reason the big companies' people should be treated differently than the rest of society.