>People shouldn't suffer the consequences for their lack of common sense and
>basic failure to be in control of their financial well-being by committing
>to an incredibly large, multi-year contract that they don't understand?
>
>I love the world according to Tom:  Due diligence and virtue is for suckers.

You keep on and on, again and again, cherry picking and ignoring the full 
picture so you can make more bizarre points.

When someone goes to buy a house and they go to bank after bank and every 
bank is offering them similar terms they are doing "due diligence." 

If you go to the doctor and get told that you are in fine health do you 
demand a second opinion? People who do that are usually labeled as nuts. 
But lets say, for the sake of argument, that you go to three doctors and 
they all say you are in fine health. Do you keep looking for a doctor 
that will tell you that you are at death's door?

You are criticizing people who did do the right, rational thing. You say 
they should have done something that would have been perfectly irrational.

The bankers who gave the wrong assessment are guilty of malpractice at 
the front end of the problem. The same bankers are guilty of malfeasance 
for failing to take responsibility for the problem their bad assessment 
created. Finally they are guilty of stupidity for not working out the 
mortgages and foreclosing.

It is time to roll out the guillotine!


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