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The Treasury Department is getting ready to stick the taxpayers with the bill for the Sub-Prime fiasco instead of letting the banks and irresposible borrowers take responsibility for their actions. The deal is to freeze interest rates at their teaser rates and have the goverment pay the banks the difference. This is a corrupt deal and the taxpayers should be outraged. This whole concept is wrong on multiple levels. It's moraly wrong, it adds hundreds of billions to the already back breaking Federal debt, it penalizes the responsible and rewards the irresponsible, and it interferes with the natural buisness cycle which is what caused this mess to begin with. If this angers you as much as it does me please write your Congressman, Senetor and the White House and raise hell. Otherwise the corrupt will just shove another raw deal down our throats.
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