[taeric]

This is just dumb. One of the great freedoms of our country is that we can default on debt. Any moral grandstanding that tries to prevent people from doing so is shortsighted and counter productive.

Consider, where was the responsibility of the lending office that gave out the loan? Do you honestly think they should have guaranteed returns on all loans? That there should not be some expectation that some will go belly up?

Don't get me wrong, I don't encourage people to just look for a chance to default. But to try and claim it is a lack of personal responsibility is an attitude that causes far more problems than a healthy number of people defaulting.