Buried in this article is a quote that so clearly shows why we are screwed. It’s from a bureaucrat named Michael H. Krimminger, who is an advisor on policy at the FDIC.
[quote]“This is not about trying to create fairness, The goal is to keep people in their houses.”[/quote]
And there you have it in a nutshell. Forget fairness folks, let keep people in houses. What is this insanity? Isn’t the whole foundation of our American system supposed to be based on fairness? Have we completely forgotten what makes it possible for us to interact in a society? How can someone in such a position be so incredibly clueless?