The profitability of unsound lending is mainly an artifact of fairly recent policy. Historically, if you were to give out loans that you knew could not be paid

The profitability of unsound lending is mainly an artifact of fairly recent policy. Historically, if you were to give out loans that you knew could not be paid, you would lose money. That does not seem to be the case any more. If you were at a casino and wanted to make money, you might go count cards at blackjack or try to beat the other gamblers at poker. But, if you knew that the casino would fully reimburse you any losses, you would probably just sit down at a roulette table and bet the house on double zero. This may or may not be an evil thing to do, but certainly it is a rational thing to do. If millions of Americans are harmed as a result of your policy of consistently betting the house on double zero, perhaps they should take it up with the casino who encourages this behavior by consistently compensating you for your losses using money taken from the pockets of millions of Americans.