ELECTION 2016

[sarals]

I think we agree that something should be done to make the details of the loan more transparent and clearer to the borrower. Also, I'm not supporting any kind of bail out of either individuals or lenders.

Where we differ is in our emphasis on who should take the brunt of the responsibility. You say you knew exactly what was happening wiht the market and what the consequences were going to be. It hasn't been a big secret with those in the know. So wouldn't you also agree that most lenders also knew? Therefore, I would conclude that many lenders knowingly took advantage of people.

Thanks for your responses. The reason this issue is important to me is because I've seen a big trend under the current administration to protect large corporates at the expense of the average American. I'd like to see the scales swing back the other way a bit.