|potter only made 'prime' loans. he saw to it that the banking system wasn't put in jeopardy. and i'm not saying potter was a 'nice guy'. he only wanted to profit. as such, he'd have given a loan to anyone he thought was a good risk. as tough as he was, potter was still an honorable man. he wasn't out to hurt the poor, on the contrary, his strict policies kept many of them from risking their own financial ruin.|
bailey on the other hand, wanted to 'help' the poor. he argued to potter that loans could be made on the basis of 'character'. bailey was a 'sub-prime' guy that would have started the system on the road to ruin. and that's exactly what happened to our banking system. the resulting financial collapse led to the failure of lehman brothers. that collapse hurt many people and the effects are on going.
the salient points of "it's a wonderful life" were made at the beginning of the movie. the rest was fluff. it could have been just as easily written that everyone's lives in bedford falls would have been better had bailey never been born. but of course that wouldn't have fit in with the propaganda the movie was trying sell. i'd argue that the sell was successful because we later had the crisis that was made inevitable by bailey's type of unwitting proselytizing which led to the sub-prime crisis. it took time for it to happen, but it was inevitable.
bailey was the villain, not potter.