[quote=Arraya]http://theautomaticearth.blogspot.com/2010/04/april-15-2010-foreclosures-wil-be.html
Real estate built America, and it’s going to take it down. Foreclosures will be the wrecking ball for the American economy.[/quote]

Then Fed might be really wasting time and as well making more worst scenarios for the future housing. Instead providing loan-mds and all other acts – Fed should have allowed some sort of easy slide in housing, no matter either way there will be some sort of correction but the price slidw would have allowed more stablized future housing. Now there is no stablized housing at all I can see