According to this great column by Newsweek economics writer Dan Gross, people who default on mortgages are held responsible for their debts and are a threat to capitalism itself.
But banks and billionaires walk away from debt all the time and it's perfectly OK. And besides that, they can expect the generous taxpayers of this nation to bail them out.
Just another example how the rich are different from you and me. They are deadbeats.
And it's an example of the old saw: If you owe the bank $10,000, it's your problem. But if the bank owes $10 billion, it's your problem.
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