Reply #29: It isn't the country club, it's the RW economics and its tactics - being ok with that.

[Waiting For Everyman]

Did people like this never wonder what was generating these "returns" for them? No, I guess not. And that's supposed to be ok. Thing is though, it isn't ok. Those who profited from it, took part in it. That it was anonymously doesn't make it different.

Just pointing out, you don't know that these people are like your Dad either.

I'm only look at their acts. And what their acts were part of. I'm describing what was on the other side of those acts, which nobody wanted to know about.

People are so quick to blame the subprime borrowers, but do they also blame the subprime profiters?

For every dollar of increase, there was a dollar of loss somewhere. Guess where it was? That didn't bother anybody (and still doesn't), and that's what bothers ME.