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Leftovers
Saturday, 16 February 2013
I love circles
Topic: Economics
Running in them can be fun. Until you hit that wall. My Real Estate Law class this week was invaded by an Intro to Law class who needed acces to the computers in my lecture hall. I agreed to share the room. During the course of the lecture I got a few questions from the intruders which were on point so I didn't mind. Then the previously unrevealed idiot made themselves known by claiming that the housing collapse was cause by "greedy bankers stealing from the public." It wasn't phrased in the form of a question. It was a statement. Some of my students rolled thier eyes, other shuddered, dreading what they knew was in store for the neophyte. ME: So who did they steal from? PUI: The poor people who they took advantage of. ME: And what do you mean by "poor people"? PUI: You know, poor lower income folks who dodn't have anything and are trying to make it. ME: If they "don't have anything", what was it the greedy bankers took? PUI: Well, you know what I mean! ME: No I don't. And obviously neither do you. PUI: Well they made them buy houses they couldn't pay for. ME: So greedy banker loaned poor people money the poor people couldn't pay back, and when the poor people didn't pay it back this meant the greedy banker had stolen it from them? Giggles, gasps and groans began to circulate and I allowed the PUI off the hook, advising her I was looking forward to having her in class next quarter.
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