Paulson Blows The Bubble
or, he's at least trying his best to keep those home prices inflated... err, to save those poor, undeserving homebuyers from the consequences of their own behavior.
Rejoice. Everyone who didn't take out a stupid loan will now get to fund this bailout through higher fees, lousier customer service, and whatever other cost-shifting the banks can come up with to pay for their pseudo largesse. Oh, and all y'all can pay higher prices for homes, too.