Lets see if we can get some true conversation going on here as to WHY nObama has not pursued the proven results of the RTC - Resolution Trust Corporation - created in 1989 to clean up the overblown Savings and Loan mess.

So with the 2008 meltdown started due to the banks going down the same route as in the late-80's, why has nObama not taken this course to stabalize the housing sector?

Personally I think this shows a clear difference between Liberal and Conservative thinking, but want your thoughts on it too. When the task is too far gone for the companies to clean up we the people require our Government to step in, as it did in 1989. RTC only lasted a few years too.

Anyone care to chime in on this? Not enough doom going on today? If the MODS pinned a debunker of zero point energy then why not this?


Link to a NY Times history of the RTC - [link to topics.nytimes.com]