The hope that the stock market to stabilize short-term and violently begin withdrawing its inexorable march upwards to 14,000 or more may be deeply disappointed in the near future. The youngest did not rescue the banking system and liquidity injections to calm the markets so far in any period of time.

But once again, the economy is not, you need the bailout plan of U.S. $ 700 – 850 million U.S. dollars approved by Congress. The government, in collaboration with banks,obvious crisis of confidence in exchange for more power for themselves at this point to be able to interfere further with the financial markets. The government always uses this type of crisis created to acquire more power, has also resulted in a previous answer to the previous government, has a new crisis to respond.

Most bankers know how the money system has worked in the United States that are successful, no matter how well or badly the economy and theirBy the company itself. While most of the benefits of financial firms came from the securitization of subprime mortgages could be CEO of care for the property market in general – that is well on the money for the economy of money and it would be good for the housing market is gone crash.

The banks knew the market was in some way they would win. If the house was tough, the banks could still people money who never return for a fee. Until then, the acquisition ofThese loans sliced into bonds and secure the mortgage-backed securities, which could profit from the sale of bad loans to unsuspecting foreign pension funds in Norway and hedge fund in New York. While the housing market continued to rise, high default rates were not a problem, even if the owners could not stop foreclosure – banks can only sell houses to higher profits.

Moreover, if the housing market fell, the shares of banks, the autumn el 'a "crisis" will develop naturally. At this moment in late 2007 and early 2008 with the collapse of the subprime mortgage industry, hedge funds of Bear Stearns and Bear Stearns has come himself to raise the banks again cooperated with the government the power of politicians to reward banks for bad behavior, bad credit guidelines and moral hazard.

With the largest commercial banks associated with the largest government party in the history suggested the government's plans to giveinvest more power and capacity and to take any private company, for some reason. The Treasury Department plans to use its new authority to inject liquidity into the worthless mortgage-backed securities at their face value. Rescue to ensure that corporate CEOs to be capable of hundreds of millions of dollars made during the boom will be held, even among his clients, borrowers and investors, the bill for the rescue. Once gain, banks and the government.

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