They want more bank bail outs

It doesn't make any sense to me. You know what happened on that deal don't you? The banks loaned all that money on real estate loans. Now they are loaded with foreclosed homes. The government replaced all the money they lost. The banks now have all these notes on these foreclosed houses. This means the banks now have the homes and their money. They have the homes free and clear and anything they sell them for is clear profit. They only made one mistake. The money they lost belonged to investors. When the government replaced the money in the banks the investors grabbed their money and ran. That money is not even in those banks now. Would you give someone a second chance to loose your money after they had already lost it once? I wouldn't and neither will the investors. That's why they won't tell where the money went to. The banks still own the houses and no doubt dumping them as quickly as they can. The only ones that lost anything is the American people. And they want to do the same thing all over again? I sure hope they are smarter than that. Art

I feel that giving the banks the money was a mistake the begin with. If you think about giving the banks money with no strings attached that gives them free reign with our tax money! If your a bank that just got several billions of dollars I would keep that in my coffers or use it to purchase other companies that I can use to expand my bottom line. However, if you wanted to truly free up the credit crunch should the money not have been given to the American people? I know that it would have been alot of money coming from the government, but wouldnt people use that money to pay off debts to stave off foreclosure, credit card issues and such? I think that would have helped the credit problem worse.