I was quick to stay clear of this controversial deathtrap of a thread but let me just quickly give my imput:
There does seem to be a case of a large number of ignorant Americans HOWEVER that statement by no means all are. I've met plenty of smart ones.
And while yes there have been a good number of foreigners who have made something of theirselves with US credit... its because they had the resourses to do so in the US.
Plus to even think there aren't any Americans who have is just plain RETARDED...
Every country has their share of morons.