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> I think it's a bad idea to have people with little understanding of economics, but a high sense of moral superiority, fix the problems they create through the
by leto_ii 6y ago
> I think it's a bad idea to have people with little understanding of economics, but a high sense of moral superiority, fix the problems they create through their incompetence.
Not sure who you're referring to here.
> Freeze evictions? Landlords go bust. Freeze mortgages? Mortgage servicers go bust.
Corporations are legal fictions that do not have a right to life. Let them go bust and save the individuals working for those corporations. Once the crisis passes, they will re-create the legal fictions and continue their work.
> Mortgages when created are aggregated into securities with guaranteed contractual payments.
This should probably not have been allowed to happen in the first place.
In general valid replies to your comments are easily available. Your condescension is, however, tiresome, so I will not pursue this thread any further.
- nradov 6y agoIt's easy to dodge the questions and act morally superior when you don't personally have to make the hard decisions or accept responsibility for the consequences. Others don't have that luxury.