Its amazing to me that people with "less than perfect credit" will now be allowed to borrow again. Throughout history most people wound up in debtor's prison for this. Somehow they got the easy money and it didnt matter.
No doubt Greenspun and Bernanke engineered this bubble, and they want to shove money at it, our money, not theirs.
Speculating and playing with money is not the same as entrepenurialiship and productivity. Even in America the ecomomy doesn't have to be teetering on the brink of disaster. Do I think Bernanke is facing the music?, Id say he wrote the book on ripping off the chicken coop.