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Originally Posted by SniperSB23
OK, Fu, so explain this to me. I'm probably playing Devil's Advocate but my question is why the hell should I care?
I own a house, can easily pay my mortgage, am happy with my life, basically I'm the person that worked my limited assets and my credit right and never got so rich I'm getting ****ed over now. My job is secure.
So how the hell is this my problem? Some rich people with money in the stock exchange will lose money. Those same rich people that don't want to take a small tax increase to help people like me out. Why should I bail them out? What is my doomsday scenario?
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A real doomsday scenario? Imagine a world without credit. A completely cash world. Checks? No. All cash....for everything. Imagine what that would do to our economy. Imagine what that would do to the quality of American life. How safe of a world would that be?
If people can't see this as a real possiblity then i dont know what to tell you. If people can't imagine what that would do to our lives...