Risky Loans And Ponzi Schemes

If you have had enough of the banks making bad loans, and then watching the Federal government determining that to get out of the financial trouble we need to borrow trillions, this Dilbert cartoon is for you.

Dilbert.com

I am not sure if I want to laugh or cry.

Related posts:
  1. The Financial Crisis in 3 Panels
  2. FHA Creating Next Housing Bust? 1 in 8 FHA Loans is Delinquent
  3. Federal Bailout Money Going Straight To Bottom Line, Not To Loans
  4. So Different Than 2005
  5. Why We Might See Another Housing Slowdown if FHA Loans Blow Up

There Is 1 Response So Far. »

  1. I think the free market business model works just fine, large bloated behemoth companies that fall behind in efficiancy and innovation fall and go under, and the fresh new conpany springs up in its place, hiring the brightest and cream of the crop from available choices. This keeps business competitive and brings out the best. By giving billions in bailout tax money to failing companies, we are actually delaying recovery of the economy because they are not going to use the money to become competitive, just line their pockets.

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