I don't think Ron Paul will ever support such a socialist measure that promotes irresponsible economic behavior, in fact, he's the guy who always talks about LIVING WITHIN ONE'S MEANS so if people themselves aren't willing to do that then how they pontificate the same to the government? That would be pot calling the kettle black!
If people want a better & freer system then they must first learn to take responsibility for their OWN behavior
Irrespective of the system, is theft justifiable? I think not! One thieve can't just point finger at another & expect to be absolved of the consequences of HIS own actions
You ignore the fact that most of the moneysupply consists of commercial-bank-money which is created when people borrow, they increase the moneysupply & are essentially taking purchasing-power from the savers so they must produce & repay it & reduce the moneysupply back & thereby increase the savers' moneysupply again
I don't know how someone who's been here since 2007 doesn't know such a basic thing about the system!
Banks are skimming the savers by interest which is tiny compared to a defaulting borrower who's effectively STEALING purchasing-power from savers to the extent of unpaid amount so if any borrower wants to point fingers towards bankers then they must first repay their loan & give back the system, the purchasing-power they've consumed
Go right ahead, I don't have any problems but don't pretend that banks would've been able to lend without borrowers borrowing from them!
It's IRRELEVANT whether someone did it "willfully" or not, they made CHOICE to borrow, nobody forced them, they didn't live within their means, they wanted to sell their future (which is always uncertain) for their present, they must repay & pay back the purchasing-power they took from the savers otherwise they'd be thieves as much as the bankers
+1
Yup, those who made bad economic decisions get free stuff at the expense of those who made good economic decisions & there's no shortage of justifications so why would there ever be a just system?
There isn't a fair system because most people just don't care about a fair system, they want a favored system, specifically, a system that favors them at the expense of others & in turn, they're willing to trade in their & others' freedoms to the facilitators of such system, that's why world is so full of tyranny because people don't want to take responsibility for themselves; if people are angry about the mess the world is then, most of the time, they only need to look in the mirror, & they might just find the answer why it is so
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