Yes, smiling senators inform the world that they have come up with the largest bailout plan in living history to buy up “toxic” mortgage backed securities and “hopefully” save a Wall Street collapse and the ensuing carnage that would result on Main Street.

But lets be clear, from the miserable brokers who pressure sold no doc loans, to the reckless homebuyers who bought homes they could ill afford, to the investment banks that bought this bad debt knowingly and sold it on to other banks – all made up the basic ingredients of this unfolding crisis……

So no wonder most tax payers are outraged at this bail out. THIS SHOULD NEVER HAVE HAPPENED…… Continue Reading…