It is the individual that has ultimate control and responsibility for their own financial activities. The newspaper is full of advertizements selling us goods that we neither need nor can afford. Most of us are wise enough to not heed those ads, at least not frequently. Why - because we know our financial situation. We are responsible.
This situation (if the article is to be taken at face value) sounds to me like people being irresponsible with their own money and then hiding behind the race card, hoping for a taxpayer-funded bailout.
Caveat Emptor
>>This situation (if the article is to be taken at face value) sounds to me like people being irresponsible with their own money and then hiding behind the race card, hoping for a taxpayer-funded bailout.<<
I agree this is, in fact, people being irresponsible, hiding behind the race card and hoping for a tax payer bail out.
My point was that in addition to that, many of the companies were also foolish, they have hurt the country and they also do not deserve sympathy and/or a tax payer bail out.