Instead, his answer to his own question about where the responsibility lies for this mess was the same old finger-pointing to Wall Street greedsters, with only a teeny-tiny toss of responsibility to us, the over-consumers:
The culprits? Certainly some responsibility is borne by the eager brokers who sought easy commissions, enticing financially ill-prepared people to take on mortgage debt. Responsibility also falls on the people who took out the mortgages without working out a viable budget.
But the most disturbing element in the sequence of events behind the crisis is the behavior of the Wall Street investment banks...
I say, opportunity lost. There is a heap of responsibility for this mess on this entire country's addiction to living on credit, and especially funding it through home equity.
I would want to have ended an article about economics and housing that was going to be read by a huge section of the Christian community not by blaming wallstreeters, as usual, but to point out the mantle we wear too of greed and suggest that we might need to re-gain the will to sacrifice, and advocate sounder policy and action toward those who are not able to sup at the wealth-accumulation table. Does this financial crisis hold up a mirror so that we can re-examine the true nature of wealth disparity? What are the true questions we should ask ourselves as a Christian community? What are the true economic goals we should be seeking?