Sr. Pessimist

Credit Fiasco Could Spread To Downey Financial

This is what the capitalists want. They want to deprive workers of any financial power, and only let workers have debt. Without reasonable income opportunities available to any but the few, workers must take on debt just to survive. There is no income available for laborers as of right now. Only debt opportunities. So the capitalists have taken the approach to destroying the financial lives of everybody so that everybody is made to feel as if they are somehow accountable and must make up repairs. From my point of view, if it costs $200 to go to the emergency room in the hospital, and you're better off without any insurance than with insurance, you are responsible for buying your own car and insuring it, it's financially impossible to raise a child, and you pay whatever the stated rate is for things like home ownership, apartment rent, and food, then I don't give a damn if you suffered financial damages. I discredit the credit scoring industry. With no accountability comes no responsibility, and with no responsibility comes no leadership. I think there should be new ways of scoring creditworthiness, including new forms of income that are not in any way related to the US Dollar. Although I hate the US Dollar, I respect it. I believe in what value is behind money, not the money itself. It is no surprise to me that this is happening. Most people just are not in a position to understand things as well.