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Originally Posted by statdoc
Ummm, yeah. Isn't that an essential aspect of "society"? Caveman goes out to get food, in exchange for the cavewoman cooking it later? Guy flips burgers at McD's, in exchange for Ronald McD paying him salary, whilel Ronald sells said burger to someone else, making a profit for the trouble? I know you know all this, but I just am annoyed that so many folks can so easily act like trying to be capitalists (ie, making a profit) is a bad thing on its face. I detect an easy slide to Marxism in that easy blame.
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I agree with you that bad lending practices played a huge part in getting us where we are today.
I think QS was asking what is the underlying reason people do the things they do. What is their motivation? My answer was because of greed. I am all for capitalism, sometimes things just go to far and need to be put in check and that is what is happening now.