[AChimp]

The recession will continue as long as the government keeps trying to prevent it from happening. It's just prolonging the problem and will make things worse in the long run.

It might come as a surprise to some, but stupid people are incapable of managing their finances and there are a lot of stupid people. It just so happens that the stupid people also happen to be the most vocal about how it's not their fault that they're stupid and point fingers elsewhere.

The banks need to crank the interest rate UP and let everyone who's going to go bankrupt or lose their home face the consequences of their past decisions. If you're uneducated or have no employable skills and only make $25,000 a year, no, you should NOT be living in a $350,000 house just because the bank gives you a "no-down-payment, 2% interest for the first two years" mortgage.