Up to another trillion dollars to buy the BS loans these crook bankers handed out? Is he nuts? And why? Well, so banks can get back to giving out more bad loans I guess. These people truly have no clue. Failure is an option, is what they should have been thinking from the start. This idea that nothing can fail, is flawed. Only through failure will the market, people's behavior, and the economy, genuinely correct itself. By taking additional taxpayer funds, to buy up irresponsible "assets", the only thing the gubmit will be doing, is whizzing on the dollar (hello inflation), while ignorantly preventing the market to naturally settle itself. Propping up home prices, or values, is retahdid! I'm truly at a loss for words over this goal the gubmit, and fed, keep pushing. I guess we shouldn't be surprised that the very people (the gubmit & bankers) who think "affordable housing" means putting people into a loan that they can "afford" for a short period of time, but can't "afford" long term, wouldn't have clue. BTW, I know a handful of people in the last 6-12 months, who have had ZERO problem getting financing for a newly purchased home, or refi'ing an existing mortgage. Why didn't they have a problem at all (point being credit is available)? Cuz they had excellent credit, and amazingly, actually put money down on their purchase. OPINION MARCH 23, 2009 My Plan for Bad Bank Assets The private sector will set prices. Taxpayers will share in any upside.