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Actually, I do like Huckabee the more I see of him. But I left the “stupid” party back when Bush signed off on the Bankrupcty Reform bill.

Looking back on those days, and I put up a post of FR when I became a Democrat, I was right abiout a lot of things I said. One of my reasons was that I thought the GOP wanted responsibility from the poor clods who got credit card loans at 22.9% but didn’t expect responsibility from the lenders who knew (from credit bureau information) how many cards a debtor had, what credit was out there, and the liklihood of repayment.

IMHO, the lender is often just as responsible as the the lendee. Of course I was bombarded with “They took the loan, they ought to pay it back” and “If they were so stupid to borrow more than they could afford, then to heck with them” sort of responses.

Looking back, after our recent little bo-bo’s in the stock market, and with the sub-prime mess, I think I was right. And gee whiz, look how many people now are blaming the lenders for making poor loans.

So maybe I ain’t stupid. Maybe I am farsighted. Maybe if the GOP had listened to me, and regulated some of these financial institutions more, and hadn’t been so gung ho big business, we might not have quite so big a mess to have pay overt the next few generations.

I can’t blame the GOP for not listening to me because all I am is some little anonymous freeper out here fighting the good fight. But it looks to me like somebody in the GOP ought to have had enough brains to see this coming like I did.

parsy, the bull moose?

IMHO, the lender is often just as responsible as the the lendee.

And what do you propose to do about it, aside from letting them twist in the wind when the borrower can't pay it back (my proposed "action")?

Of course I was bombarded with “They took the loan, they ought to pay it back” and “If they were so stupid to borrow more than they could afford, then to heck with them” sort of responses.

Probably because those things are, you know, true.

Yes, of course, some lenders made stupid decisions (although many of them were made under government pressure to lend more money to "disadvantaged groups"). But so what? What do you do about it? Again, my answer is to let those companies fail if that's where the market and their decisions take them. What's yours? Have the government take it all over?

Or maybe you're stupid. At least in this area. No offense - I ask myself the same question, about myself, all the time. But more government wouldn't solve the problem - more government would exacerbate the problem, like it almost always does. Maybe the solution is to end this "bailout" garbage and allow real consequences for irresponsible, stupid decisions. But like the rest of the "progressive" world, you think that the government telling people to do something just makes it happen, without any unintended consequences, because you think the world is simpler than it is.

I can’t blame the GOP for not listening to me because all I am is some little anonymous freeper out here fighting the good fight.

I think the GOP has listened to you and people like you far too much - after all, some of them went along with the massive government expansion of the past year.

But it looks to me like somebody in the GOP ought to have had enough brains to see this coming like I did.

That much is true, especially since the government largely *caused* the current mess. But I suppose you wouldn't see it that way, since the idea of a command economy seems to appeal to you.