Re: Robin Hood etc
The persons who I lay the most blame for the financial crisis are Barney Frank and Chris Dodd. The two Democrat Senators who were in charge of the Senate banking committee. They had a goal of making houses affordable to all, even people who were too irresponsible to be able to buy a house. This caused too much cheap money to go chasing too few houses causing a real estate boom and bust.
The irresponsible people were all trying to "flip" a house, which is the equivalent of taking the rent money to Vegas and double it. But then that is what irresponsible people do.
Playing Robin Hood is what caused the financial crisis of 2008. Playing Robin Hood again will . . . I keep doing the same thing and I keep getting the same results.