kuzi16:

phobicsquirrel:

I've done my share of posting links kuzi. Doesn't do any good. I just see the same circles around and around.

your posts always are people that agree with you but no actual documentation on how everyone got so greedy all of a sudden. It is easy to blame "greed" when there is far more to this complex system than that.

phobicsquirrel:

Fact is if letting business's do things their way and without any oversight then greed is ultimately taking over. That's what has happened with this current crisis, and even after the bailouts (which I do agree with you shouldn't have been done) wall street and banks are doing the same type of things or at least trying too. I do agree that too much control is bad but with the way the current system is, checks and balances need to be done.

in a free market the checks and balances are risk. the government took away the risk and that let the greed to seep in. (when you arent risking your money, because the government will bail you out, who cares?) please, PLEASE, take the time to read the links before you comment. if you look at what i have been saying all along, greed did play a roll. the government let the greed happen by regulating out the risk that would have kept people from making the loans in the first place. your entire argument is that the system was not regulated when in fact it was regulated. HIGHLY regulated. the last few sets of links point that out in a very well documented way, but you refuse to even look at them or even pay any attention to what i am saying.