O-B-WON

Government's New Credit Approach: Does the End Justify the Means?

I see more massive credit card defaults on the horizon..

Some folks I know have been robbing Peter to pay Paul i.e. juggling balances from one card to another...

The house of cards is continuing to fall... everything is not going all at once.. but rather like the domino effect.

I only wish that the companies that packaged and sold off their debt to other investors around the world were required to make good on the toxic crap they sold rather than US the taxpayers...