Reply #11: You're either being dense or trolling, now

[Hydra]

Why should we pay $300 Billion to bail out $100 Billion of capital? Are you volunteering to do that yourself?

If you are dead set on keeping the system in place(And kindly admit your error about the Wikipedia article), then burn Freddie and Fannie to the ground and allow the Fed to provide those funds at a fixed rate directly to the banks. If the banks price their customers out of their homes, let them fall. Other banks will rise to take their place.

Free market, or socialism- pick one, not a grotesque mix of the two which benefits the investors. We've already seen how it doesn't benefit the would-be homeowners.