I am having a little problem figuring out the logic of the current 700 billion dollar scheme to stabilize the finanical industry. Now that we have identified the junk, worthless, and hopelessly untradable highly leveraged securites, we will let the taxpayers pay 700 billion for them, leaving the bankers to start all over again---Nothing for the current stuggling mortgage holders....and nothing to punish the wrongdoers from beginning again their craft..y ways.
I think not.
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