DenhamsDoesIt

Looking for Hope

Curbs-In, where do you draw the line on government? How much can people really be trusted with freedom? We are made to wear seatbelts, and we can run up a load of credit card debt based on nothing but how much the credit card companies trust us (credit rating), but investors aren't allowed to make risky loans on their own terms? Both parties knew what they were getting into, according to the dotted contract line, or can people be trusted to read contracts? Normally I would say sink or swim to those weighted down with bad loans they (supposedly) knowingly made, but unfortunately we happen to be tied together so tightly that we all drown.

Our standard of living of have now and pay later (most people DO pay off their mortgages) relies upon people having money to lend. Should the government step in to preserve our way of life by using public funds or even gradually nationalizing these areas, or should we be left to roil in our freedoms and it'll all work out in the end, for better or worse?