Democrats Want Bad Loans Bought, are we NUTS

Lets try something the democrats have not thought about. Lets review the home loans that are or have gone bad before just buying them. Wouldn't it be nice to first see if 1) the people getting the loan were qualified and 2) see if there was lender misconduct. If it is learned their was lender misconduct, legal action should and must be taken to arrest and punish those who did. Any Banker, Mortgage Broker, Appraiser, or Realtor who assisted in qualifying people who shouldn't have been MUST be prosecuted fully. This also goes the other way too as borrowers who committed fraud while filing out their loan applications should also be prosecuted.

We must remember there were groups (Acorn) pushing lenders to make loans where they hadn't before and shouldn't have now. Then we have congress turning a blind eye while Fannie/Freddie over extended themselves which really meant the government (We the People) gave them a blanket ok to continue making unjustifiable loans. Remember them giving speech's supporting the leaders of these organizations all the time knowing they were making bad loans. Congress at that time figured the government (We the People) would just bail Fannie/Freddie out.

Well, they made a terrible mistake and have brought down a number of banks, business and maybe the country itself. What is worse, the same congress that allowed this to happen WERE VOTED BACK IN by a bunch of stupid Americans who are to lazy to look into who allowed this. Bush is just as guilty because he didn't use the bully pulpit to raise holy hell about what was going on. He stood quite and now they ALL wring there hands.

WE THE PEOPLE ARE GETTING IT STUCK TO US AGAIN, THANKS WASHINGTON