On Wed, Oct 20, 2010 at 8:49 AM, John Williams <jwilliams4...@gmail.com>wrote:

> On Wed, Oct 20, 2010 at 8:28 AM, Nick Arnett <nick.arn...@gmail.com>
> wrote:
> > The average taxpayer elected officials who deregulated the financial
> > industry so much that it became impossible for the average taxpayer to be
> > able to know the actual value of a house.  We got the government we
> deserved
> > and the price of it.
>
> So it is someone else's fault that you borrowed money and now do not
> want to pay it all back yourself?


I didn't say it was someone else's fault.  I'm a taxpayer, too.  I am also
responsible for the bad policies.

Please explain why nobody but borrowers should have responsibility for a
market failure, which seems to be what you are implying.

Nick
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