Much Of Main Street Deserves It Too

Finally, George Will puts in a column what I said on Bill Maher. Much if this crisis stems from rank greed and irresponsibility from ordinary Americans on a massive scale, who bought homes they couldn't afford on credit they couldn't repay, or who leveraged their property with loans they had no reason to take out. If this crisis hits Main Street hard, it will also hit a great number of people who also deserve their comeuppance. We need a fix to solve the credit problem. I understand that. But a little delay is important and salutary. And the real, long term fix requires weaning Americans off credit - and giving enough of them a taste of what their greed and recklessness can do.