Because there a million people who were stupid enough to buy houses that they couldn’t afford.

Comparatively, there are a relative few of these ‘banking cartel’ members who provided these loans.

But we all know who’s going to get blame, because personal responsibility has no place in America.

Someone who clearly does not understand how things work.

Not so fast. Delete one link and the whole chain will fall apart.

I hate to pe the one to point this out to you but you happen to be one of those “bottom feeding consumers” I would say that it is the banking cartels that are the bottom feeders.

How funny. That was what Ralph Nader used to preach to us. The power of the Consumer. We have more power than we think, we just don’t use those powers.

Well private investment accounts for about 60% of stock ownership (including 401k). So do the math..

Take a economics class.

The American consumer is the driving force of the US economy. If we stop consuming, the whole thing falls apart.
Which is exactally what we need to do. We need to start saving again.

Pretty naive, apparently. I think Americans can outlast their credit freeze longer than they can live without making money.

Sorry, vague–their and they meaning the banks.