by CL follow (1)
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I agree, it just blames the banks.
The debtors also have a big share of the responsibility.
But overall, the banks make loans every day and knew what was going to happen. The borrowers take out a mortgage maybe once a decade. So the banks deserve more blame.
The borrows were gambling. They don't deserve sympathy. No one ever gives sympathy to responsible renters priced out of buying a home.
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http://www.youtube.com/watch?feature=player_embedded&v=sHQqhC4Sesc
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