# My Solution to the Mortgage Crisis **URL:** \ **Category:** Great Debates\ **Created:** [July 27, 2011, 5:58am UTC](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466 "2011-07-27T05:58:18Z")\ **Posts on this page:** 4\ **Page:** 3
**Author:** ![msmith537](https://avatars.discourse-cdn.com/v4/letter/m/d9b06d/32.png) [@msmith537](https://boards.straightdope.com/u/msmith537)\ **Post date:** [October 22, 2011, 10:42pm UTC](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466/41 "2011-10-22T22:42:54Z")
> [@gonzomax](#): > > The economy does not fix itself. That is Greenpsanian /Libertarian "logic’. It will just get worse and worse. As it has been since the Great Depression. > [@gonzomax](#): > > America is designed to have an adversarial relationship with government and corporations. Actually no, it isn’t. There is nothing in the Constitution that speaks to corporations. You can argue that there maybe should have been. But your statement is faulse. America is designed for government to have an adversarial relationship with ITSELF. > [@gonzomax](#): > > For some reason we are OK that corporations will do anything to make more money. If they really were people we would declare them psychopaths and medicate or jail them. > Yet people who deal with them are still expected to adhere to ethical and moral stances. Well they aren’t “people” so the DSM-IV classification for Antisocial Personality Disorder doesn’t apply. In fact they are only “persons” in a very narrow legal sense. People who deal with them don’t expect them to adhere to ethical or moral stances. They expect them to adhere to financial and legal stances. That is why we have so many accountants and lawyers in this country. > [@gonzomax](#): > > So apparently some home owners have adopted corporate morals. If it will profit your family to walk away from a mortgage, then it is just good business. How can a corporation judge them for that? No one is asking the corporations to like it. ---
**Author:** ![iamthewalrus\_3](https://avatars.discourse-cdn.com/v4/letter/i/258eb7/32.png) [@iamthewalrus\_3](https://boards.straightdope.com/u/iamthewalrus_3)\ **Post date:** [October 25, 2011, 6:05pm UTC](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466/42 "2011-10-25T18:05:36Z")
> [@msmith537](#): > > Example of confirmation bias. Not any better of an idea because some Democrat senator likes it. I don’t think anyone was arguing that it was. As you can see above, I’m not a fan of this idea. I just pointed out the news story because it’s relevant to the discussion. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [October 29, 2011, 8:56pm UTC](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466/43 "2011-10-29T20:56:50Z")
> [@msmith537](#): > > As it has been since the Great Depression. > > Actually no, it isn’t. There is nothing in the Constitution that speaks to corporations. You can argue that there maybe should have been. But your statement is faulse. America is designed for government to have an adversarial relationshi > > Well they aren’t “people” so the DSM-IV classification for Antisocial Personality Disorder doesn’t apply. In fact they are only “persons” in a very narrow legal sense. > > People who deal with them don’t expect them to adhere to ethical or moral stances. They expect them to adhere to financial and legal stances. That is why we have so many accountants and lawyers in this country. > > No one is asking the corporations to like it. The personhood of corporations is a creation of the Supreme Court in an 1886 decision. It was a farce of a case. ---
**Author:** ![gonzomax](https://avatars.discourse-cdn.com/v4/letter/g/e8c25b/32.png) [@gonzomax](https://boards.straightdope.com/u/gonzomax)\ **Post date:** [October 29, 2011, 10:01pm UTC](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466/44 "2011-10-29T22:01:51Z")
The homes held in banks are terribly overpriced. If they were listed at their real value the black ink for the bank statements would turn red immediately. That is why if they will renegotiate, it will be with interest rates ,not home cost. If the real red ink was on the books, the bankers could not justify their enormous bonuses . Not that they care. But tye stockholders would see how bad off the banks really are. [Previous page](https://boards.straightdope.com/t/my-solution-to-the-mortgage-crisis/590466.md?page=2)