3 ms·

I can see both sides of this story, and I'm quite sure collection agencies break the rules, and they deserve to get called on it. But... "I don't have to do an

• dnsworks 17y ago
  At the scale of a small-time investor, you must pay your damn debts. But do you feel that holds true going up the food chain? GM will never have to repay all of it's debts that were coerced out of the american public against our will. The bankers at the large banks who coerced almost ONE TRILLION DOLLARS worth of debts are getting their fattest bonuses ever, and will likely not fully repay those debts. But the little guy has a moral obligation? Yeah, his only mistake was only borrowing $100k. If he had been a slick stanford or harvard MBA he would have borrowed $250million, and gotten a congressional pat on the back when he defaulted.
  • michaelcampbell 17y ago
    I'm...not sure where you're going here other than possibly using my comment as a springboard for your soapbox, but since you asked; I never implied in any way I feel that just the little guy has a moral obligation. I think GM and your "slick Stanford or Harvard MBA" toting strawman should have to pay their debts too. <shrug> Now if doing that would cause even greater grief, say to the hundreds (of thousands?) of employees who'd lose their jobs? It's a tough call, and one I'm glad I'm not making. The correct response to elected officials not doing what you want is to vote someone in who will.