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I'm glad you were just talking about "mitigating risks," but they did a LOT more than that! We all know they purposely sold crap, knowing it was crap. They lied, and because of that, they took not just the US economy, but the world economy with them.It may be "good business," if the only focus in GREED, it is horrible ethic and social conscience.Then if people who cannot afford a house cannot buy one no matter what without risking to lose everything, wouldn't it be fair to either give as much "tax deduction" for the rent they pay than the "tax deduction" that the people with a mortgage get?
I'm glad you were just talking about "mitigating risks," but they did a LOT more than that! We all know they purposely sold crap, knowing it was crap. They lied, and because of that, they took not just the US economy, but the world economy with them.
It may be "good business," if the only focus in GREED, it is horrible ethic and social conscience.
Then if people who cannot afford a house cannot buy one no matter what without risking to lose everything, wouldn't it be fair to either give as much "tax deduction" for the rent they pay than the "tax deduction" that the people with a mortgage get?