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The Bailout: Why I Like the Idea But Not the Sales Pitch

You article is right on. However the govern is not in the habit of managing assets well and if they have a profit they cry poor and buy votes. This then becomes a structural increase in govern spending. There is behind the scenes politicizing because the more it seems like a bailout the more the money is supposed to stay with the govern and not dispensed to the public.

Where is the real scrutiny into how the US govern had to take in 4 trillion in bad mortgages due to a runaway govern agency that mainly was supported and defended and contributed to key Democrat politicians including Obama. That is why the press needs to point blame at Wall street - to pull Republicans in. A quick sweep under the rug of these 4 trillion in mort blurred by silly lawsuits after the fact of mort companies will gain political traction for the Dem - that is why the plan was stopped for awhile. No question the middle class will get hurt is something is not done but over the greater term absorbing 4 trillion in homes will impair any recovery. Have you any growth policies such as eliminating cap gains or reducing gov payroll or reducing taxes for significant payors from the dominant party?