Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
I think it's unwise to blame the bankers. I don't think they are an unusual class of people, just normal people in an unusual situation. The problem is the law. Under current law, bankers can act very irresponsibly with the taxpayer's money for their own gain. The law is rigged in their favor.
People tend to do bad things in a system that rewards bad behavior. Concentrating anger at bankers draws it away from the real problem. The laws need to change. The banking system needs to be restructured, and regulated in ways that encourage a more stable, yet dynamic economy. We need bubbles to pop sooner. Currently bankers can run them up to dangerous proportions.