He said that the bankers were not the bad guys in the subprime mortgage scandal and near financial collapse that they had everything to do with. They were just doing what the government allowed them to do.*
*This was his actual argument. It is not an argument an adult makes. It’s the actual argument that TEENAGERS make at prestigious high schools where cheating is rampant: everyone was doing it, and no teacher was stopping them. So they WERE FORCED to cheat in order to be competitive. TEENAGERS ARE NOT JOB CREATORS.
Good stuff. This isn’t even talking about the principles of the financial crisis, or its solutions (although it does seem to suggest a viewpoint there) – it’s about the bizarre persecution complex of some of the richest people in the world.
(via Aaron Diaz)