Far as I can tell Nancy Pelosi's ONLY job is to publicly blame Republicans for every ill. Can anybody tell us about anything else she's done?

This whole mess vividly illustrates the FACT that the government is not competent. Politics of color clearly influenced basic common sense as it always seems to do.

I'm not a financial whiz, but it seems if you're looking to loan someone money and see that they don't have the income to pay it back, you don't make the loan. If they have a history of not paying debts and bad credit, once again no loan. Doesn't matter what COLOR the applicant is, a company cannot stay solvent and loan them money if they can't (or won't) pay it back. Seems pretty straightforward to me.

A load of politicians in Washington knew this was coming but didn't have the balls to do anything about it because they were afraid of the very powerful Congressional Black Caucus. A few, including John McCain tried, but that bill sits stuck in the Dem controlled Banking Committee. Did I mention the guy (Dodd) chairing the Banking Committee got more campaign contributions from Fannie and Freddie than any other politician? Obama got the second most.

Meanwhile those who ran the er...'companies' who triggered this mess got obscenely rich and moved on. Raines of course to Obama advisor, Mudd to his mansion.

Now the government wants us to finance more gutless ineptitude and stupidity.

Barack Obama wants you to vote him in so he give the federal government even more power. How anyone claiming to be in their right mind could vote for more government is beyond comprehension.