On Tuesday, September 23, 2008 at 16:05:52 (-0400) ravi writes:
>On Sep 23, 2008, at 3:59 PM, Julio Huato wrote:
>> Doug,
>>
>>> Prime borrowers, and nondelinquent subprime borrowers, would be  
>>> mighty
>>> pissed off.
>>
>> Based on what you know about American social psychology, do you think
>> people on average would rather hand the money to the bankers?
>>
>
>Its general human psychology isn't it? We are more hostile to our  
>peers or lowers getting a free lunch than those above us. We have  
>already accepted the latter's greater wealth and higher status.

Piffle.  Massive propaganda, slime-filled "reality" humiliation shows,
the never-ending bark of the well-off from their marble homes, granite
banks, stainless media enclaves ... I doubt very much this has much to
do with "general human psychology".  It has to do with defining
slime-ball bankers as "betters" and working-class Americans as
"lowers", and letting the argument rage thereupon.


Bill
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