<p>Oh, I think most of us knew. We didn’t make a squawk when the gov spent trillions bailing them out. Too scared.</p>
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<p>I agree with this except greed is an instinct and one can’t blame greed. We should have regulations to direct greed contructively. What failed is not greed, it is mismanagement of greed imo.</p>
<p>kluge,
"You don’t actually know what the process of initiating, processing, funding, reselling and administering a mortgage is. You’re just repeating spin you’ve been told which corresponds to your quirky world view. "
-I do not need to know many things as I do not take in many facts. I just take the facts that are very well known that do not need extansive research, but need a bit of thinking. My MBA backgound as well as being familiar with certain group of very controling individuals that are beahving the same in every country in the world serves me very well. Most (maybe not all) banks and other lending institutions were coerced to provide loans to a very large unqualified group of applicants, the families were threatened and everybody is aware of the official documents that were enforced and the names of the enforcers as well as organizations being involved in this process. You are just using the fact that many do not care, period. I am not one of them, I care much more than you will ever estimate without knowing my background. And what is out there in the news is being filtered lots and lots in my “distorted” by your assessment brain. Your assessment means nothing to me, though, just like all the media that presents the news, YES, ALL, not on one side or another. They are mostly b–t lickers and scared of everything, we will never hear thruth, the facts, groups, events will never be called their real names and that means absolutely nothing to me and many around me.</p>
<p>How things work on a smaller scale…</p>
<p>[Amid</a> budget cutbacks, U.S. shipping sector seeks more federal funds](<a href=“http://m.yahoo.com/w/legobpengine/finance/news/amid-budget-cutbacks-u-shipping-050558910.html?.b=news%2F%3F.b%3Ddetails%2F&.cf3=&.cf4=4&.cf5=Reuters&.cf6=%2Fnews%2F&.h=NEWS&.ts=1367845818&.intl=us&.lang=en]Amid”>http://m.yahoo.com/w/legobpengine/finance/news/amid-budget-cutbacks-u-shipping-050558910.html?.b=news%2F%3F.b%3Ddetails%2F&.cf3=&.cf4=4&.cf5=Reuters&.cf6=%2Fnews%2F&.h=NEWS&.ts=1367845818&.intl=us&.lang=en)</p>