Labels

pillich (19)

Monday, November 1, 2010

Mugged by the Debt Moralizers - NYTimes.com

Mugged by the Debt Moralizers - NYTimes.com: "And if you point out that their arguments don’t add up, they fly into a rage. Try to explain that when debtors spend less, the economy will be depressed unless somebody else spends more, and they call you a socialist. Try to explain why mortgage relief is better for America than foreclosing on homes that must be sold at a huge loss, and they start ranting like Mr. Santelli. No question about it: the moralizers are filled with a passionate intensity."