Capitol Hill Blue Forums Political Issues Finance, the economy & Economics How will the financial crisis develop?

With all respect... I was addressing Phil's point about the enslavement of debt. And in my experience, people most often choose this path.

I agree with you about the problems of others. But are we saying that people have no responsibility for the choices that they have made?

And most importantly... if people have made bad choices... how can you eliminate this problem without eliminating their ability to make choices.

And further... I am on record as endorsing taking action now to mitigate the bad effects of the current situation and am , in fact , arguing against a position that basically says there is no point to do anything... or it is better to let the system collapse because the system is wrong.

In fact, I am aware that this proposed bailout will cost me money, and never the less I support it. I support it even though it will benefit people who have been less responsible, and even though it will also benefit people who caused the crisis by their greed. How exactly is that to be characterized as not caring about people who have been hurt in this crisis?

I am not boasting about my current situation. I am not a rich person. I do not earn a high income. I simply live a frugal life. And I really do not understand why it is that we must allow the entire economic system to collapse in order to possibly arrive at the Utopian vision that Phil has described.