Oh my god..are you f*cking kidding me? So the original $700 billion bailout isn't quite working the way they thought, and I still don't even know where the hell that money is going. It seems to change every week. Now they want to pump another $600 billion in buying up bad mortgages/loans from Fannie Mae and Freddie Mac. Add to that the what...$25 billion pumped into Citigroup. When will enough be enough. Seriously...this is SO out of hand. It really makes you wonder how in the hell things could be allowed to get this knee deep in sh*t. Lord knows I'm not an economist but was there not a point before where someone was like ohhh heyyyyy umm I think we better do something to avoid having to spend hundred of billions, now over a trillion dollars to deal with this mess. Unbelievable. There needs to be a party for us fiscal conservatives and social liberals because I've grown tired.

Crooks, crooks, & more f**king crooks!

My only fear for the Obama administration is that his innate sense of justice and judgement may be overshadowed by the obviously extensive business and academic experience of his economic advisors.

What he will have to keep in mind is that the orthodoxy in which all of these men and women have worked and learned is embedded in their way of thinking. And it is that way of thinking that has gotten us into the current financial distortion. They have to understand that a "free market" cannot operate without regulations and regulators anymore than an athletic competition can operate without rules and referees. Bloodsports such as cockfights and dogfights are illegal in in most civilized countries, and should be illegal in economies. Wall Street has preached and practiced a kind of social Darwinism. Greed is not good and buyers cannot beware when only bad choices are available. These currently monopolize loan opportunities.

Obama can not allow the narrow-mindedness of some of his advisors to prevent him from making the fundamental changes necessary in our economy. The primary change needed is to seriously regulate the loan industry so that is not only transparent but the actual loaner is held responsible for servicing that loan, not some unknown entity that is two, three, or more, degrees separated from the inititial contract. The second is a truly progressive system of taxation that prevents wealth from being idly hoarded by those who do not need to use it to create goods and services. No infusion of cash can replace fundamentals.

These changes need to be implemented and consistently enforced to restore balance to our common market.

This is going to be a really, really, tough pill to swallow, but it has to be done. When one considers how much money has been spent in Iraq, this is a veritable bargain. When one considers the consequence of inaction, or incorrect action, the cost is staggering. Our economy is truly on the brink of implosion. Ironically, the original intent of the bailouts was to help homeowners facing foreclosure. I guess everything really does come full circle.