Morton Marcus writes:
Main Street business owners, who take risks every day, have little sympathy for Wall Street wizards who have earned millions buying and selling mysterious, risky financial instruments. The idea that taxpayers should save these people from the consequences of their actions is alien to those who insist that individuals accept responsibility for their behaviors...
If we promise aid to borrowers when they get behind on their mortgage payments, what incentive do they have to stay out of trouble? If we bail out the lenders today, what message are we sending about responsibility tomorrow?
Morton Marcus: Hoosiers Angered by Inequity of Mortgage Mess | Howey Politics Indiana
The Myth of the MAGA Economy
1 hour ago
No comments:
Post a Comment