I'm sorry, but I'm just not buying it.
OK, so you are responsible for being so stupid as to get yourself involved with any penny stocks you choose. Granted.
However, there are newbies in the world, and some don't yet know what they have gotten themselves into. As has been for all of us, it's a time progression. We are not born with wisdom.
I do agree that if you continue to throw away your money after being burnt numerous times, with the belief that "this time is different"; or you think the SEC is involved with protecting naked shorters and yet you STILL throw your money into these stocks, then yes, you have probably gotten what you deserved.
However, stating that it's your fault for getting taken would be akin to your government blowing your social security and it's your fault for allowing it.
You don't feel the criminals have any responsibility at all? You think all the world should be "buyer beware"? Pretty cynical world you live in.