Why should U.S. Taxpayers bail out the greedy mortgage brokers? How do you know that some of these foreign?
-owned corporations aren’t deliberately making bad loans because mortgage loans are government backed and this would allow them to steal from the U.S. Citizens via organized crime? China has threatened to sell off U.S. Treasury Notes and U.S. Bonds and we know many foreign corporations own business in the U.S. A. and contract with the government. Isn’t this tantamount to treason on behalf of the U.S. Government and literally taking money out of the hands of U.S. Citizens? Why should we bail out the stupidity of the subprime lenders? Do they bail us out? No, they simply take our houses and our money. We’re still paying for the S&L bailout. I say let them sink. I don’t give a rat’s butt what happens to them. The U.S. Citizens will rebuild and will save the country — not the government — it can’t even do its job as is evidenced by the failure to ensure safe infrastructure, safe food, deal with illegal immigrants etc. Why not let the business pay for its own mistakes?