Americans feeling comfortable about debt. What choice do most have?

Posted on May 8, 2012 by Navy Gentleman

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5 Responses to Americans feeling comfortable about debt. What choice do most have?

  1. HPD says:
    May 8, 2012 at 12:49 pm

    If the banks make loans to consumers who probably can't repay said loan, have no one but themselves to blame..
    Plus they know they'll get bailed out, too big to fail still seems to be the order of the day…

    • Roger says:
      May 8, 2012 at 10:22 pm

      With freshly printed money.

      I have a problem. When they say they want to lower the deficit they really mean they want to bump up taxes.
      When they mean they want to lower the deficit and are looking to actually lower spending then I'll take them seriously.

    • tpalya says:
      May 9, 2012 at 6:38 am

      "If the banks make loans to consumers who probably can't repay said loan, have no one but themselves to blame"

      That's not true if the gov. is coercing them to make those loans.

      • JuliaObama says:
        May 9, 2012 at 1:55 pm

        Seems when you know you're covered against all risks, more risks can safely be taken.

    • JuliaObama says:
      May 9, 2012 at 1:54 pm

      As long as there is a Fannie/Freddie/ and Federal Reserve, the too big to fail will always be the order of the day.