The second thing that makes me very worried is the obstinacy of Republicans and Bush over the mortgage crisis

and it is a crisis, even if it hasnt hit everywhere with the same intensity.

Delinquencies of 22% are very high and it seems like Barney Frank's bill is the right one.

It is too late now to start debating who is being rewarded, it is headed in the right direction with modest upfront outlays to save homes.

the point is preventing foreclosures prevents neighborhood breakdown, keeps families in place, where they can continue education and work pursuits and keeps the fabric of the country safe.

That is a main priority.

Focus on that, at all times, focus on keeping the fabric of the country intact and strengthened, whatever country we are talking about.

We will tweak the details later.

And one more thing, lemme tell ya, lenders have had too free a hand, by the time the market has reacted, it is too late and not just that, but the reaction is so bad, it is ruining the economy.

so this is what we should tell the market worshippers, by the time the bad guys get even some comeuppance, millions have suffered, many few have made out like bandits and the economy takes a huge hit.

this is the case whether it is robber baron oligarchs in russia, or unscrupulous lenders and derivative traders in America and overseas.

It all sucks and the job of governments and NGOs is to control markets to protect the little guy, becoz markets punish the little guys and help the bandits and thas the truth.

and now the problem is the Dems dont know how to say that and Republicans and Bush are still talking their forked tongue talk about mortgage relief.

It really sucks.