There's more people affected negatively by irresponsible banks and student loans than those that who were affected negatively who worked for the banks. For example, I know more than a handful of people who were let go from Lehman and are doing just fine. In fact I literally just met someone who today is making a $500k salary. We still have people digging themselves out of debt because they lost everything (tangible and intangibles) due to the 2008 crisis.
> The American government is fractured and broken because American society is fractured and broken.
There's a great theory which is that federal politics is all rooted in local politics. In other words, the reason the federal government is full of assholes is because people let these people get elected at the local level and their natural progression is simply to move up through system to the federal level (usually passing it off as "well it just affects that one town, so what").
> the federal government is full of assholes is because people let these people get elected at the local level
I feel that politics in general is a field where sociopaths can thrive. There's a lot of backstabbing, deal making, and pandering I think fits well with that mindset at all levels of government. I think the same could be said for wall street as well.
You're right about how people have been impacted. That's going to continue to hurt as long as their point of view is ignored. Can't just tell angry people to stop being angry. Doesn't work.
There's more people affected negatively by irresponsible banks and student loans than those that who were affected negatively who worked for the banks. For example, I know more than a handful of people who were let go from Lehman and are doing just fine. In fact I literally just met someone who today is making a $500k salary. We still have people digging themselves out of debt because they lost everything (tangible and intangibles) due to the 2008 crisis.
> The American government is fractured and broken because American society is fractured and broken.
There's a great theory which is that federal politics is all rooted in local politics. In other words, the reason the federal government is full of assholes is because people let these people get elected at the local level and their natural progression is simply to move up through system to the federal level (usually passing it off as "well it just affects that one town, so what").