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Why Do Banks Get All The Blame?
Comments
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There are examples of irresponsible bank lending, irresponsible consumer borrowing, poor regulatory control and governments that provided an environment in which the crisis was allowed to develop.
The thing with blame is to ensure that if any comes your way you abdicate all responsibility and try and pass it to someone else. ©human nature0 -
Did he not for one minute think that this bubble would eventually pop?
I expect not. Such was the media "push" on property prices going up, it was obviously hard for some to step back and see the bigger picture.30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.0 -
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I was concerned about the property bubble when flats outside Leeds were being sold for the same price as flats in suburbs of London. Madness.0
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You're wasting your time Alice. MSE is no place to talk about personal responsibility: everything is always someone else's fault, and if it can be blamed on the evil tyranny that MSE thinks of as banks, all the better.
You're in debt up to your ears and can't repay it: there there, MSE-er, it's not your fault, it's the banks.
You're obese and don't want to accept responsibility yourself: there, there poor love, it's not your fault. McDonalds 'seduced and cajoled' you (copyright SteveJ) into eating their crap and not exercising. You're special; nothing is every your fault.
Simple people like simple solutions, and if it's easy to find a bogeyman to blame, then TruckerT and his ilk will happily blame them, without for one second thinking they may have a part to play in it.
Because, after all, the modern western adult is no longer an adult with freewill and a mind of their own; no no no, they're constantly being manipulated to do things they dont want to do by some evil forces.
Etc etc ad nauseum.
One of the most commonsensical posts I have had the good fortune of reading on these forums.
Well said that man.0 -
obviously the government's fault
if the shop keeper secured his propert properly, the thief might hurt himself breaking in and then the shop keeper would be guilty of a breech of H&S rules and sued.
I suppose that would be classed as Strict Liability and was applicable well before H&S ruled the roost, although I think the criminal element was tightened up in th 19thC, but hey lets not let the facts get in the way of a good rant
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
BTW it looks like we have (at least) two bankster apologists now. Big cigar for Fred the Shred and his multi million pound pension as a reward for abject failure
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Because, after all, the modern western adult is no longer an adult with freewill and a mind of their own; no no no, they're constantly being manipulated to do things they dont want to do by some evil forces.
Etc etc ad nauseum.
I guess those big multi nationals should save a fortune and scrap their marketing departments/advertising budgets after all they should have no effect whatsoever 'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
The reason you cannot is because people have now realised what a bloody stupid idea that was in the first place.
So whose bloody stupid idea was it then, the customers?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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