Who is responsible for the financial mess the world is in today
October 14, 2008 1:08am CST
Who is responsible for this mess. Can we lay the blame on politicians alone or are we also in some way respsible for this crisis. The politicians have made thier money and are sitting pretty. its only the public who are suffering this. what is your opinion.
• United States
14 Oct 08
Well no politician will ever say this, but the people that are MOST responsible are the people who took out loans that they couldn't pay back. These banks don't want to foreclose on homes. That's what they do when they've given up on ever getting the money from those they loaned it to. The problem now is that we live in this society where nobody believes in personal responsibility anymore. They all want to blame big business and of course, blame Bush. Nobody wants to admit they CHOSE to live beyond their means and screwed up. I could blame Wall Street, Barnie Frank, and a whole slew of politicians and CEOs who contributed, but I still think the people who lacked fiscal responsibility were at the root of the problem. Nobody forced them to take out loans.