"Nothing is more important than affordable mortgage financing..."

[kentuck]

So saith Henry "Porky Pig" Paulson.

What is really going to change in this racket? I see no rules, no guidelines, no questions asked. I see credit card rates going up even as the credit card companies like CitiGroup are bailed out with taxpayer money.

Pailson wants the banks to speed up their lending to people that are qualified for loans. The only problem is, there aren't that many people qualified for the loans that want to buy new homes or new cars or need new credit cards. That is the problem with Porky's solution.

One year from now, they will be scratching their heads, wondering why all those billions of dollars are accumulating mold waiting for the American people to start "borrowing"? But it is not going to happen because it is a flawed strategy and they knew it from the beginning. Trickle-down has been discredited. It doesn't work.

The banks will have all the money and the power but they will have no answers for the upcoming depression that is about to hit our nation. They are not part of the solution. They have been the major part of the problem. We may have saved the economic system of this country but we may lose the country in the process. Good trade, huh?

It is depressing to come to the realization that there really is only one political Party in this country - the Property Party. Never has it been more evident than with the votes of the Democrats in the House and Senate in the last few weeks. They get all angry and self-righteous with the Big Three auto makers but never raise a question about bailing out more of the big bank scams. They don't ask for a plan or how the money is to be spent or what it is to be spent upon? They trust their masters of finance to make the right decision. There is no oversight needed. What more do you need to see to understand that?

We will have an opposing Party whenever we throw the discredited "trickle-down" theories overboard and start building our economy from the very bottom. Maybe the banks will loan them "our" money to get these programs started?? That is the only way this economy is going to recover and the only way to actually save our economic system. Porky Pig does not have the right answers.