The best thing we can do to prevent this is to email this to every responsible american you know, and then ask them to write Dood and other congress members. I already gave Dodd a piece of my mind. Make this issue known!
Might help to remind them that while the Democrats have gained control, they can lose control just as easily. This is one such issue that can cause them to lose control very quickly.
In reality, I think they should look at prosecuting some of those that took out multiple liar loans… ie. enforce the laws!! I also believe that banks that created subsidiaries to issue some of these really flaky loans (but stay clear of liability), should have the corporate veil separating them from their subsidiaries pierced.