[Obadiah]

Nailed it. I am sick and tired of this “financial meltdown” type talk. A bunch of greedy cretins lent gobs of money to people who would never ever, normally get credit and now everyone is shocked that these debts have gone sour. Yeah, a lot of these guys who swung for the fences are taking it in the shorts, and there is some collateral damage, but hardly the crisis the MSM seem to like to sensationalize!

[econjack]

Exactly! And let’s stop the next phase of verbal diarrhea about bailing out these companies and their investors. These subprime lenders made the loans, charged higher interest rates to cover the higher risks and investors bought into these companies because of the higher returns knowing full-well that they were risky investments. You and I didn't get the money from the loan and you and I didn't get the high investment returns, so don't even think about using my tax dollars to bail out the companies or their investors. Not my problem...not my gov't's problem.