I know as a capitalist I think people should pay their debts and take the licking their actions give them, to including the licking banks should take for making these financially risky loans and using those risky investment vehicles, but if we don’t do something now about this then we may be facing a depression that makes the 1930’s look tame.
It’s the “do something” that is problematic. What? You can’t undo the iceberg hit under the waterline.