Lawrence Lessig is promoting the film Inside Job. I'm glad; it looks like it'll be informative (and hopefully not just emotional).
However, Lawrence says, '... it is crazy—literally crazy—to point to "the losers" as the cause,' where "the losers" are everyday people being bailed out by government programs. No, it's not crazy: a large part of our financial mess is due to a culture of greed in America, one where people are looking for quick, high returns without looking at the underlying process. Stocks, securities, banks, and even government bonds all have some kind of risk. It is unreasonable (an unsustainable) for our society to expect to close their eyes and give their money without understanding the businesses. There is no guarantee of the future in any aspect of life, and there is definitely no way for everyone to get rich quick.
The only way to build a stable life is to work hard, be committed, and learn constantly.
OK, so not everyone who has lost is guilty. But it is the prevailing culture in America... or it has been of late. Let's hope we put that period behind us, rather than blaming some easily-identified targets and leaving it at that.