It's a good thing.
Rocky was telling me a story about a conversation he was in the other day.
A guy was talking about how we are in this financial mess because banks were forced by federal regulation to give out tons and tons of loans to people who didn't deserve it.
Rocky made many points counter to this, but I think the best one was pointing out that when businesses are "forced" to do something, they do it grudgingly. They minimize it, and do as little of it as possible.
And in reality, we have spent the last several years enduring ad after ad after ad on TV, in newspapers, on the internet, BEGGING people with bad credit to take out loans with this company or that. People with bad credit were heavily lobbied to re-finance loans, and roll their other bad debt into their new loans on their houses.
I know some of these people. Some of them owe us money that will never be returned, as the houses are gone and they still have massive debt to people with more power than we have, and more ruthlessness when it comes to getting it back.
I occasionally would complain about how these predatory lenders were sleazy scum-bags who should be against the law.
Naturally, I was sometimes denounced as a commie being against innocent capitalists just wanting to make an honest buck.
Anyway, Rocky had a pleasant, passing conversation with this guy, and seemed to have at least made some impression on him.
But later, in another conversation involving some of the same people, a new player came into the mix. A guy who had worked for one of these companies.
"Well, you can blame me at least a little bit for this whole mess. I used to work for one of these companies, and they told us to write to the government and tell them that they needed to deregulate us so we could do these loans." (Obviously, this is an approximation of what I remember Rocky saying he remembered the guy saying...not a real quote.)
The first guy got a stunned look on his face, like the rug had been pulled out from under him.
And, as much fun as it might be to smugly leave it there with a sense of superiority...
...none of us have all the answers all of the time. Sometimes we need a reality check. The best people recognize them when they see them and learn from them. I got the feeling that Rocky thought this guy was that sort of people.