The people who owe $300,000 on a house they never should have bought? They're going to be left with no debt and a house to live under. The people with $700m in net worth are going to lose everything they can't fit in their pockets; their houses are all going to get looted and razed the night of the collapse.
So why the hell is the guy with debt working hard to prop up the system, and the guy with investments doesn't seem to care what happens to it?
[Edit]
They will be the biggest losers because by the time the cataclysmic implosion occurs, the middle class they depend on so much will not have much left to back the up with. If you think that 2007 was something, brace yourself for what is next if things don't change.
The sad thing is that I doubt that President Obama has what it takes to make the necessary changes.
Yes, that's clearly how what's going to happen. Revolutions historically share the single property that they're totally predictable.
And, by the way, your disgusting cheering for violent robbery is exactly why, even though I sympathise with some of the fundamental grievances of the movement, you will never find me expressing support for it.
What the hell makes you think I want this to happen?
Shit, I'm not wealthy, but I'm upper middle class. You think I'm coming out on top in this scenario? It's pure self interest: I'm the guy who doesn't want to get looted.
I'm glad that's not the case, and I apologise for assigning you ideas you don't hold. However, I did, and still do, have a very hard time reading your comment differently.
The people who owe $300,000 on a house they never should have bought? They're going to be left with no debt and a house to live under. The people with $700m in net worth are going to lose everything they can't fit in their pockets; their houses are all going to get looted and razed the night of the collapse.
So why the hell is the guy with debt working hard to prop up the system, and the guy with investments doesn't seem to care what happens to it?