Fantastic posts. I think you post to read what you write. Bottom line is none of what you said addressed my points. To me the bailouts are a waste of money, have kept the corrupt in power (and I don’t mean politically), killed the natural cycle of real estate bust and boom cycles, punished those who have saved diligently, heaped trillions of debt upon the taxpayers, and will result in delaying the recovery perhaps substantially. I don’t buy the dog and pony show about keeping the social order you referred to.
