Subprime

The subprime mortgage meltdown which is threatening to tank the entire global economy is absolute proof that we, as a nation, have taken a fundamental wrong turn in our moral and ethical development. What we have done is empowered the social predators among us. We have told ourselves that greed is good and that it is OK to take advantage of our fellow citizens. We have made of the dictum Caveat Emptor an excuse rather than a warning. We have bent the saying to mean that it is OK to take advantage because it is the other guy's responsibility to make sure he is not getting screwed rather than to be a warning to watch out for predators.