Responsibility

Fannie Mae and Freddie Mac: More Bonuses for Failure

Un-justifiable executive awards have been known for a long time before this big financial crisis, just like un-justifiable excessive consumer spending. To make change, we need to voice out against these un-justifiable behaviors in the same manner as we voice out against crimes towards children or injustice towards minorities. When we have demonstrations on the street and preachings in sunday schools and church services against these behaviors by the general public, real change may come then.

We have put too little priority on financial responsibilities in comparison to priority on having a luxurious life style, by "expanding & lobbying" until things fall apart.

Feddie Pay: The Reality of the Bailout World

To encourage people to be responsible, we should have tax penalty and special points for future loans on load defaulters and tax incentive to people who keep their mortgages, to those who take on new mortgages, and to those who increase their mortgages, similar to tax on big cars and incentives for small/hybrid cars. Please spread this if you agree so that the politicians will do something.

The Undisclosed Costs of the U.S. Government Bailouts

To encourage people to be responsible, we should have tax penalty and special points for future loans on load defaulters and tax incentive to people who keep their mortgages, to those who take on new mortgages, and to those who increase their mortgages, similar to tax on big cars and incentives for small/hybrid cars. Please spread this if you agree so that the politicians will do something.