This must be the first time in our history that banks have lent money to people that couldn't afford to pay them back. The usual criteria is that credit checks are carried out, including income verification and security is offered as well as a percentage deposit.

According to Henry Paulson, Treasury Secretary, these checks were not carried out and people were given sub-prime loans that they could not afford. It is obvious that there was larger political plot at hand . A plot to rob poor people of all their hard-earned savings with the intention of cashing in on their misery a year or two later when these mortgages reset at much higher interest rates. These mortgage resets added as much as $400 to some people's mortgages.

This is corporate fraud, discrimination and unethical business practices. Martha Stewart was sent to prison for a minor indiscretion compared to this mortgage meltdown. Is this socialism? Why are we using public funds to bail out private enterprise? This does not happen in capitalist America. $700B in addition to Bear Sterns, AIG insurance while we have 47M people in our country without health insurance.

Please contact your Congressman and let them know that you "do not approve this message".