"Everyone is doing it ⇒ it must be right." See also: bloodletting, leaded gasoline and parachute pants.

Yeah no human has ever made a mistake, good odds here! Luckily hubris is only a trait found in fictional stories and there are no real world accounts of people making terrible decisions while others go along with their terrible decisions.

Can't wait until we're forced to bail out these companies or else China will take over the open internet (or whatever bullshit they use to justify the bailouts).