"Brown, hanged and flogged"

[tibilicus]

It isn't that easy to just make a law just go away, blaming Bush for this is more then a little bit off.

you read this?

The Equal Credit Opportunity Act, enacted in 1974, makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age. Failure to comply can subject a financial institution to civil liability for actual and punitive damages

That article says something about discrimination but doesn't say anything about the person ability to repay loans more that it's saying that banks can't discriminate against people on grounds of race ect. Well that's what I made from reading that bit you posted.

And I know it isn't the soul responsibility of Bush, the fact is with the kind of free market and capitalist system the world runs boom and bust is bound to happen it's simply unavoidable. What Bush didn't do however was try and soften the blow. He would of been aware as a lot of people predicted that the sub prime market would go kaput and that the worlds banking system would ultimately hit recessions but the fact is him, as well as a lot of other notable world leaders failed to act sooner and instead buried their heads in the sand and tried to ignore the issue. I'm not simplistic to think that it's all down to Bush, but the fact is his administration did little to prepare or act on the problem.

Just look how long it took for any government to actually try and act on the problem. only recently we here in the UK have had a scheme put into help prop up the banks. After that failed we then had another one put in worth even more.

You know what the whole joke is though? Northern Rock, one of the first banks to be hit and be nationalised from the government will still give its employees and big cat executives bonuses this year. That to me is disgusting. Maybe if the government actually quit trying to keep all their attention on keeping inflation levels down and tried to tackle the huge unemployment problem looming over the UK people might actually support the government backed schemes.

I wouldn't be surprised to be honest if this time next year we have another winter of discontent. That's presuming this problem will get worse and unemployment figures will grow.

[Idaho]

Maybe if the government actually quit trying to keep all their attention on keeping inflation levels down and tried to tackle the huge unemployment problem looming over the UK people might actually support the government backed schemes.

I wouldn't be surprised to be honest if this time next year we have another winter of discontent. That's presuming this problem will get worse and unemployment figures will grow.

Create jobs! That's crazy talk. I mean, come on! These people without jobs are just lazy. They were so lazy that they made the global economy crash, and now they can't even be bothered to get another job.

The rich used to need to the poor. They needed workers, and someone skilled or unskilled could get work easily enough. The difference between the highest paid and the lowest paid was large - 20-30 times on average. Mechanisation meant that fewer workers were needed, and fewer skilled workers. The pool of unemployed had a happy side-effect: they suppressed wage levels. The differential between the highest and lowest paid in a company changed to nearer 80 times.

Jobs and unemployment is a major issue for normal people. We want to work and feed our families. We want to participate and be valued in our communities. And yet it's never that big a deal with the politicians. Somehow 'benefit/welfare scroungers' is always higher up the list. Why do you think that might be?