You are absolutely right Wayne, no reason to accumulate all of this debt since the economy has done so fabulously well during the Bush administration. I mean after all, he has created all of these wonderful jobs why is anyone complaining.
The middle class has borrowed due to rising cost and shinking incomes. The top 5% has seen the growth not the rest of the Americans. They are borrowing to buy groceries, to pay $3 a gallon for gas, to take advantage of that 1% interest rate that baloons to 30% if you are late on another credit card (which they don't tell you).
You see Wayne, they (banks, credit card companies, insurance companies, energy companies, and the rest of corporate America) have had free reign to screw Americans for the last 8 years. For a recent example in my neck of the woods take a look at how Duke Energy got a rate increase with PUCO by entering into a secret agreement with local big business around here and nailing the residential consumer. Public Utilities Commision of Ohio happens to be a bunch of appointees by former republican governor Taft, yep good old boys club continues on.
You know what Wayne, that vast liberal radio, tv and media system that you continue to rail on barely picked it up. Had that been the democrats, old Willie Cunningham would have been screaming away forever.
I know you want to get to accountability, so lets go, your scub bag friends set it up to take advantage of the poor, less educated and changed the laws to that effect. Thats my accountability. I see what really happens and those that prey on the weak and uneducated are true evil. Explain 30% plus interest now being legal. Explain more cash and go stores than fast food restaurants (other than mcdonalds) combined in this country. Yeah, we don't need government regulation. let the free market dispose of the less desirable.
Eddie