They will lose their home
The conversations are wide-ranging and it's not always possible to keep up. There are proposals on the table to keep these "victims" from losing their homes. That would upset me tremendously - it's just not fair for people who acted responsibility. If you don't support cram-downs and related actions, then this concern doesn't apply to you. Apologies if you felt painted with the wrong brush.
Who should bear the brunt of the blame at this point in time.
I'm of the firm opinion that in a democracy, the citizens are ultimately responsible for what happens. The root cause of all this isn't a regulatory change, it's the attitude that vast expansion of debt is Good Thing. That's what allows the acceptance of the regulatory changes - the regs are a symptom of the sickness, not a cause.
There have been candidates for office who fought this and tried calling Main Street on its behavior - voters jave more or less universally rejected them.
As far as I'm concerned, the electorate demanded to be pandered to. In a democracy, the electorate gets what it want. And now, it's getting what it deserves.
